Wed, May 28

Coinbase Introduces Crypto435, Community for Crypto Advocates

Coinbase, the American cryptocurrency exchange platform has introduced “Crypto435”, a pro-crypto policy campaign. The number in the name signifies the 435 Congressional districts in the US. The firm holds the collective motto, to make the voice of the crypto community audible to the policymakers. 5/ Coinbase will empower the #Crypto435

March 1, 2023 2 mins read

Bank of France Governor Demands Compulsory Licensing for Crypto Firms

François Villeroy de Galhau, the Governor of the Bank of France, wants to strengthen the regulatory standards for cryptocurrency businesses. According to a recent report from Bloomberg, the head of France’s central bank has called for tighter licensing requirements for crypto-based firms in the country. His latest decision is a

January 6, 2023 2 mins read

What happened to Crypto this 2022?

The cryptocurrency market plummeted in real time along with the World’s economy. Although many sequential backlashes led to this downfall, this article focuses on a few that caused massive disruption.  2022 is a year of crypto adoption and unanticipated mass crypto tax regulations. Countries like Australia, Canada, Denmark, France, Germany,

December 26, 2022 3 mins read

Japan Amended KYC Rules to Combat Money Laundering

A legal framework governing cryptocurrencies was first adopted in Japan. After Terra Luna collapsed in 2022, a bill was passed allowing licensed banks to use stablecoins. The Japanese government endorsed a cabinet decision to revise six laws related to the Foreign Exchange Act to resist money laundering. The bill tightens

October 19, 2022 2 mins read

Stablecoin Bill Has a Narrow Chance to Pass By 2022 End

The draft for regulation bill is in circulation among the U.S Representatives. The inclusion of stablecoins in the major payment portals makes it very common. U.S House of Representatives will slightly implement the regulatory bill on stablecoin by the end of 2022. The talk about the regulation draft came to

September 23, 2022 2 mins read

Will CFTC Be in Charge of Overseeing the Cryptocurrency Market?

The CFTC is planning to strengthen its control of the cryptocurrency market.  As per Rostin Behnam, CFTC is the authorized regulator to oversee digital assets trading. The US Commodity Futures Trading Commission (CFTC) is continuously demanding the regulation of the cryptocurrency market. In a recently held legislative hearing, the chairman

September 19, 2022 2 mins read

Bitstamp’s Institutional Clients Shows Massive Crypto Interest 

The licensing process for Bitstamp is active across all the territories. As per ECB, MiCA will help create a unified legal framework for digital assets. In an interview on Monday, the CEO of Bitstamp, Jean-Baptiste Graftieaux, discussed his thoughts on cryptocurrency regulation. He explained that Bitstamp has licensing journey across

August 24, 2022 1 min read

US and UK Regulators to Frame a Strengthened Crypto Regulation

The US and UK regulators collaborated to enlarge cryptocurrency regulation. The Working Group wants to strengthen regulatory outcomes for stablecoins across jurisdictions. According to a recent press release from the U.S Department of the Treasury, the Financial Regulatory Working Group of the U.K and the U.S, recently conducted an official

August 1, 2022 2 mins read

Indian Finance Minister Expresses RBI’s Demand for Crypto Ban

The Indian Finance Minister declared that the RBI recommended crypto regulation. Government expects international collaboration for any effective regulation. The Indian Finance Minister, Nirmala Sitharaman has recently revealed that the Reserve Bank of India (RBI) has put forward a suggestion to the government, to frame cryptocurrency regulations. The government needs

July 18, 2022 2 mins read

RBA Governor Philip Lowe Upholds Famous ‘Fiat Over Crypto’ Opinion

The RBA Governor says that the crypto did not have currency characteristics. RBA was investigating how the private-sector-issued tokens could work. According to Reserve Bank of Australia (RBA) Governor, Philip Lowe, the private sector will probably develop a successful stablecoin linked to official currencies rather than government bodies. In a

July 18, 2022 2 mins read