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“There have been some suggestions by fellow parliamentarians that crypto assets are more akin to gambling I refute that, that is not the government's position," Griffith said. "The right regulator[s] [are] the financial regulators with their deep expertise and understanding of issues like how to ensure markets are fair, how
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A lawmaker group in the United Kingdom has published its recommendations to the government for the crypto and digital asset space. The list of recommendations includes the appointment of an official who will ensure a coordinated regulatory approach for the crypto and digital assets space. In an effort to help policymakers
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In a report published Monday, the Crypto and Digital Assets All Parliamentary Group (APPG) set out that cryptocurrency is here to stay and needs immediate regulation. The group, which includes lawmakers from different political parties and both houses of parliament, made 53 recommendations for regulating crypto in the country. Source
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According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against entities such as crypto
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