The latest action by the Indian government to tighten control over digital assets is the imposition of anti-money laundering regulations on the cryptocurrency industry. According to reports, the Finance Ministry specified that the regulation against money laundering has been applied to cryptocurrency trading, storage. And also associated financial services. The
Despite the challenging global economic conditions, central bank officials strive to stabilize Asia’s third-largest economy. As the Indian Finance Minister Nirmala Sitharaman stated in a LokSabha question hour, the Group of 20 (G20) big economies are exploring “the possibility of regulating cryptocurrencies and crypto mining” as a group. While China
The disagreement over Panama’s crypto legislation has allowed the Supreme Court of that nation to rule on the future of the nation’s crypto market. The so-called “crypto bill” submitted to the high court for review on January 26 by Panamanian President Laurentino Cortizo. He said it violated the fundamental values
The UK-based cryptocurrency app Tap Global becomes the first new member of 2023 to be listed on the Aquis Stock Exchange (AQSE), according to a press statement issued by the organization on January 10. The Company, formerly known as Quetzal Capital Plc ‘Quetzal’, has been listed on AQSE as a
Crypto industry is experiencing a hectic phase with strict regulations are also emerging on the other scale. As the current situation is at its worst, all business giants, financial institutions, and investors have lost hope in the market scope. Due to this bad scenario, Australian crypto exchange, Swyftx and online
Billionaire Bill Ackman discussed his opinions on several issues relating to cryptocurrencies, such as crypto legislation in a series of tweets Saturday. He claimed that additional regulations for cryptocurrencies are not necessary. A large portion of the fraud that is occurring involves traditional pump-and-dump scams and custodians failing to protect
JPMorgan Chase & Co is a multinational investment firm providing solutions to the top most important corporations, governments and institutions. Despite the bear market, JP Morgan hired a candidate for the role of Head of Crypto regulatory policy. It is none other than, Aaron Lovine, the former executive of Bankruptcy
India is planning to discuss crypto regulation during its G20 presidency members. Finance minister Nirmala Sitharaman revealed on Saturday that the Indian government hopes to arrive at the framework or Standard operating procedures (SOP). Finance Minister Discuss About the Regulatory Framework She also told a group of Indian reporters that
FSOC Report provokes the mandatory need of crypto regulation in the US The UN forecasts a 2.5% drop in global economic growth this year. The Biden administration and the Capitol Hill, a.k.a the US Congress, are in serious conversation to enforce a crypto regulatory framework in the United States. The
SEC recently alleged that 9 crypto assets listed by Coinbase are securities. SEC continues to have an eagle eye on the unregulated crypto industry. After charging a former Coinbase employee in an insider trading case, the U.S Securities and Exchange Commission (SEC) is now extremely serious on the grounds to
