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Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government – Regulation Bitcoin News

The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by

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Regulators’ Stablecoin Report Met With Bipartisan Pushback

Emmer, however, was quick to point out that his stance on stablecoin regulation doesn’t mean he is against regulating the industry in general.: Providing a “light touch regulatory framework” – starting with defining terms like “currency,” “commodity” and “security” – could help encourage innovation in the industry, he said. Original Source

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Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations – Regulation Bitcoin News

The deadline for cryptocurrency exchanges to meet the requirements to continue operations under new crypto regulations in South Korea is rapidly approaching. A total of 28 cryptocurrency exchanges have reportedly been cleared by the regulators to remain open. However, only four crypto exchanges have met the requirements to offer trading

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