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New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time to bring law and order to
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Following a calm week, there were more regulatory actions, especially in the United States. Meanwhile, more hacks and rug-pull spilled over from the previous week. The buzz surrounding meme coins, fueled by the success of PEPE, created an opening for malicious actors who sought to exploit investor enthusiasm. Crypto mining regulations On
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Kennedy, an environmental lawyer who is the nephew of former President John F. Kennedy and son of former U.S. attorney general and senator, Robert F. Kennedy, has raised several points about the digital assets industry in the early days of a 2024 presidential contest that hasn’t yet begun in earnest. Source
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As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.There have been some significant regulatory developments in recent weeks, with the European Parliament approving the Markets in Crypto-Assets (MiCA)
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Got your skis on? If not, clip in and try to have some fun because this is going to be our very last crypto winter. We’ve had two or three, depending on how you count and this one has certainly been the worst and the most frustrating, but fortunately, it’s
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ukraine has announced its commitment to adopt the European Union’s new regulation on Markets in Crypto-assets (MiCA) which aims to provide a clear and comprehensive legal framework for the European crypto industry. The European Parliament approved MiCA
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Hot on the heels of the European Parliament passing the Markets in Crypto-Assets (MiCA) regulation, Ukrainian regulators have stated publicly that they will adopt the legislative package in their own country as well.The Deputy Chairman of the Tax Committee of Ukraine, Yaroslav Zheleznyak, said on his Telegram channel on April
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“The cryptocurrency industry is rapidly expanding with some industry lobbyists insisting that their offerings and platforms fall outside the securities laws and regulations,” Better Markets, a Washington-based group advocating for tougher protections in the financial system, wrote in a comment letter last year. “But clearly, the commission must apply securities
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At a Hong Kong media event, the Binance CEO stressed the importance of all-round active engagement in creating effective crypto regulations. Binance CEO Changpeng “CZ” Zhao recently weighed in on the formation of crypto regulations as a guiding principle over the digital asset class. According to Zhao, regulators need a deep understanding of
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On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman
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