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US Treasury Secretary Yellen wants more crypto regulation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid escalating legal cases against prominent cryptocurrency platforms, Coinbase and Binance, U.S. Treasury Secretary Janet Yellen emphasized the need for stronger regulation to safeguard crypto users and investors. Treasury Secretary Janet Yellen made some remarks on CNBC’s

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US House Agriculture Committee holds hearing on crypto regulation amid SEC lawsuits

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid recent lawsuits by the Securities and Exchange Commission (SEC) against cryptocurrency exchanges Binance and Coinbase, the House Agriculture Committee convened a hearing to discuss the regulation of cryptocurrency spot markets. In the wake of lawsuits filed

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Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations

“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The SEC [Securities and Exchange Commission] allowed us to become a public company in April 2021, which makes us unique in the crypto

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From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29

Last week, almost all the key markets for digital assets in Asia got updates from local regulators. Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1. According to reports, a vital feature of the new measures is the enforcement of the “Travel

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Microsoft Calls for Revised AI Regulation, Proposes Streamlined Five-Point Guidelines

Yesterday, Microsoft VC and President Brad Smith called for a new supervisory agency and proposed guidelines for effective AI regulation. Microsoft Corporation (NASDAQ: MSFT) has joined the discussion on artificial intelligence (AI) regulation, calling for oversight from a new federal agency. In addition to a proposed supervisory fed agency, Microsoft also

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Norges Bank urges nation to forge ahead with national crypto regulation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recently published report, Norway’s central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies.  The report emphasizes the importance of leveraging

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