JPMorgan: Push to Regulate Crypto to Accelerate After FTX’s Collapse
Crypto derivatives trading is likely to shift to regulated venues, and the Chicago Mercantile Exchange is expected to emerge as a winner, the bank said. Source
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US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation – Regulation Bitcoin News
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks “to
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Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto – Regulation Bitcoin News
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russia’s Central Bank
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Vietnam's Prime Minister Says Country Needs to Regulate Crypto
The country's lawmakers have been pressuring the Prime Minister to clarify his stance towards virtual assets, which aren’t recognized as property yet. Original Source
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The UK has a new name for stablecoins and a new bill to regulate crypto
The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country.The Bill, proposed on Oct. 18, suggested would propose “A range of measures to maintain and enhance the U.K.’s position as a
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Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto – Regulation Bitcoin News
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee
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California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’ – Regulation Bitcoin News
California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto in California Vetoed by Governor Newsom The governor of the U.S.
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Uruguay’s Executive Branch Proposes Crypto Bill for Central Bank to Regulate Virtual Assets
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South Korea expands its efforts to regulate Metaverse
South Korea continues its immersion in Web3 and the Metaverse. After investing almost $200 million in the creation of its own metaverse ecosystem and publishing the “Metaverse Ethical Principles,” the country’s government is now preparing the Metaverse Industry Promotion Ac.As reported by local media on Sept. 1, Heo Eun-ah, a
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Paraguay’s President Vetoes Bill That Would Regulate Crypto Mining and Trading
In its recommendation to the executive branch, the Central Bank of Paraguay said that “cryptocurrencies are not backed by any monetary authority and, therefore, their safekeeping is not supervised.” The intention to regulate the industry and trading of virtual assets “could create a false sense of security,” the Paraguayan monetary
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