Cryptocurrency Analysis and News Portal
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to deliver information regarding the actions it is taking against neo-Nazi groups,
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Regulators worldwide have been working for several years to determine how best to coordinate international crypto regulation. Earlier this month, the European Parliament approved the European Union’s crypto-assets framework, the Markets in Crypto-Assets Regulation (MiCA), which some observers have said could form a template for other jurisdictions. Even so, each
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The wide-ranging discussion came as the industry rebounds from a calamitous year that saw a number of major crypto-focused firms implode and trust in digital assets wane. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry's
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PepsiCo Head of Next Gen DTC Connections and Innovation Kate Brady talks about the urgency in regulatory clarity in the customer web3 space at CryptoX Consensus 2023 conference. Source
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From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the FCA has routinely warned consumers of risks associated with crypto, the
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US lawmakers recently slammed SEC Chair Gary Gensler over “rushed” rulemaking on crypto. On Monday afternoon, Republicans on the House Financial Services Committee revealed a discussion draft of legislation to regulate stablecoin issuers. The new draft by Republicans may revive negotiations with Democrats. GOP aides refer to it as a “starting
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Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country could step in and freeze such payments,” the top
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Unlike a previous version of the bill, which was published on the committee’s website ahead of a hearing on stablecoins last week, the new version leaves out algorithmic stablecoins, though it does repeat clauses stating that an issuer can either be a subsidiary of a federally insured depository institution or
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Last week, the Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. While MiCA technically still has to be approved by the European Council, there’s little doubt that the world’s first comprehensive crypto framework will become a reality by 2024 or 2025.Despite its flaws,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New York State Department of Financial Services (NYDFS) superintendent, Adrienne Harris, met with a delegation led by Danmarks Nationalbank governor, Signe Krogstrup, earlier in the week. According to a tweet by the NYDFS, Adrienne Harris met with
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