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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Monetary Authority of Singapore (MAS) has released a consultation paper seeking industry feedback on its proposed regulatory approach for stablecoins and related activities in the city-state. Major cryptocurrency firms Ripple and Circle submitted detailed responses to
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While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the New Zealand Parliament has recommended a slow, agile approach. The report was commissioned by the Finance and Expenditure Committee of the New Zealand
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However, as of late, the reaction from many in Congress has been one of increasing awareness and acknowledgment that the digital asset industry cannot simply be wished away. As cryptocurrencies and blockchain technology continue to gain traction and pose a practical and philosophical challenge to traditional financial systems, it becomes
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Regulatory clarity has fueled crypto bull markets, demonstrated by Japan's 2016 adoption of crypto as payment and OCC's 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in
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10 August 2023 Warren Seddon is ICO Director of Freedom of
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Despite Ukraine being the birthplace of numerous crypto startups, such as Bitfury, Hacken, Everstake, Matter Labs, GlobalLedger, and Crystal Blockchain, none of them are registered in Ukraine. The reason is simple: crypto companies cannot legally obtain authorization in the country, even if they desired to do so, because there is
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This week, government agencies intensified their enforcement actions against fraudulent crypto activities, responding to a rise in hacking incidents, scams, and fraud. One notable case involved the hacking of CoinsPaid. Alongside these developments, regulatory initiatives remained in focus, with the passage of a pro-crypto bill in the US Congress garnering attention. Crypto
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Senator Elizabeth Warren’s push for stricter regulations in the cryptocurrency ecosystem, particularly in the decentralized finance (defi) space, has gained support from bipartisan lawmakers. The “Digital Asset Market Structure and Investor Protection Act” was recently reintroduced to
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"The team examines the required regulation, including regarding the corporate status, the taxation aspects and other aspects of DAO in order to create legal certainty, reduce the risk factors in the activity through DAO and realize the potential for the Israeli economy," the notice said, adding that comments submitted by
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The competition between nation-states to attract crypto talent and capital has been one of the most surprising emergent trends throughout the bear market. The UAE has rapidly drawn investors and startups, Hong Kong is not far behind,
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