India, as the current president of the G20, has made a significant impact on the world of cryptocurrency by releasing its official presidency note. The note outlines India’s recommendations on global crypto regulation, potentially reshaping the regulatory landscape worldwide. One of the key points highlighted in the presidency note is
Cryptocurrencies, once the plaything of tech enthusiasts and a curiosity of the financial world, have matured into an undeniable force that cannot be ignored. These digital assets have transformed from an esoteric concept to a global financial trend. As a result, forging their paths across diverse geographical boundaries from East
The governor of Morocco’s central bank, also known as Bank Al-Maghrib (BAM), Abdellatif Jouahiri, has said that the country’s proposed bill on cryptocurrency is complete and would soon be given to interested parties. Jouahiri, purportedly speaking at a news conference. Stressed that the proposed law’s goal is to safeguard investors
The weakening economy has produced extraordinary market volatility. The BOE warned that systemic problems for the larger economy might arise. The Bank of England has emphasized the need for more robust regulation and law enforcement structures concerning cryptocurrencies. Both conventional and crypto markets may be in for more suffering in
Colombia is now in the midst of its election cycle. Customers’ interactions in Colombia are also regulated and controlled by other entities. Latin American governments are waking up to the growing importance and impact of the cryptocurrency and blockchain sector. Some countries are working quickly to regulate crypto exchanges to
Busan’s forthcoming Blockchain projects were examined and broke down at the 12th World Blockchain Summit’ MARVELS’ on Wednesday. By many industry pioneers who accumulated to measure the city’s capability to initiate a worldwide digital information environment. One of the more eminent names present at the WBS MARVELS was Shin Chang-ho,
Practicing Law Institute’s “SEC Speaks” event featured U.S SEC Commissioner Hester Peirce, who criticized the agency’s regulatory stance on the cryptocurrency sector, with an emphasis on Staff Accounting Bulletin 121 (SAB 121). Peirce, who is well-known for her dissenting opinions within the Commission, brought attention to the difficulties caused by
In an effort to better control the operations of cryptocurrency companies, the Nigerian SEC has issued new regulations. Reportedly, this new set of rules is an effort to reduce instances of digital currency fraud and money laundering. The revision of operating standards coincides with the fact that Binance, a leading
JasmyCoin (JASMY), the leading cryptocurrency project in Japan, has displayed a significant surge in value over the past few days. According to CoinMarket data, JASMY has soared by over 30% in the last 24 hours, reaching $0.0124, marking a staggering 93% increase in just one week. This surge coincides with
Within the next half-year, lawmakers in the UK want to enact new regulations on cryptocurrency staking and stablecoins. The government is striving aggressively to adopt the new law before this year’s general election, according to Bloomberg, which Economic Secretary to the Treasury Bim Afolami said at a Coinbase-hosted crypto event
