Tag: Crypto Regulations

Following the passage of the MiCA bill, EU Financial Services commissioner, Mairead McGuiness wants the US to speed up its own process

Financial service provider and fintech company Revolut has finally checked out of the list of crypto companies holding temporary registration in the United Kingdom. Significantly, it is the last of the twelve companies that were placed on that list by the U.K regulator Financial Conduct Authority (FCA) to continue delivering crypto services in the country. […]

With the introduction of marketing and advertising regulations for the sector, Dubai will soon be launching a new license to transmit information to local regulators and service providers in the crypto space. According to reports, new rules for the marketing, advertising, and promotion of cryptocurrencies were recently proposed by Dubai’s virtual asset regulatory authority (VARA), […]

According to reports, in order to provide investors with the greatest level of safety, the Monetary Authority of Singapore (MAS), the Asian city-main state’s financial watchdog, plans to impose extra regulatory measures in the cryptocurrency sector. The agency may implement consumer suitability standards and restrict retail investors’ use of credit and leverage when trading digital […]

On June 29, Her Majesty’s Treasury and its US equivalent, the US Treasury Department, held the regulatory component of the US-UK Financial Innovation Partnership. The need to work together to foster safe innovation and improve regulatory outcomes for crypto across jurisdictions was recognized by both parties. Top domestic watchdogs, including the SEC, the CFTC, employees […]

The Singaporean parliament has passed the Financial Services and Markets Bill that seeks to bring additional regulations to the fast-growing crypto ecosystem. Per the new bill, Virtual Assets Service Providers (VASPs) that are indigenous to Singapore but operating abroad will be required to be licensed. The new provision is a massive detour from the earlier […]

The government of Thailand is working on a new regulatory framework for cryptocurrencies such as Bitcoin (BTC) and other digital currencies to reduce risks and increase investor safety. A consultation paper on the cryptocurrency industry will be released by the Bank of Thailand (BoT) in January, said its governor, Sethaput Suthiwartnarueput, during an interview with […]

Senator Elizabeth Warren from Massachusetts, who is known for criticizing crypto, recently again was forthright in her criticism on decentralized finance (DeFi). She displayed her concern about the impact of a run on stablecoins on the average investor. In a hearing with the Senate Banking Committee on Tuesday, where they were discussing stablecoins, Warren questioned […]

TheCoinRise is back with another daily crypto roundup for December 13 with all the regulatory comments, collaborations, disputes, and a sluggish market. Bitcoin (BTC) turned bearish on Monday, dropping to the support level at $47k. This level currently remains a strong zone as prices remain above it. On the other hand, Ethereum (ETH) also turned bearish, dropping […]

With all the regulatory statements, collaborations, controversies, and a stagnant market, TheCoinRise is back with another daily crypto roundup for December 10. Despite much bullish news all around the world with continuous institutional money inflow, the crypto market is still bleeding. The top cryptocurrency Bitcoin, has been hovering around the $50,000 zone for the past six days. […]

CoinDCX, one of the largest crypto exchange in India, has revealed that it is in no hurry for a public listing, especially with so much unpredictability overshadowing the country’s regulatory environment at the time. CoinDCX pursuing an IPO depends on government regulation CoinDCX has announced that it is not planning to go ahead with an […]

Spanish regulator CNMV has issued a fresh warning to football legend, Andrés Iniesta for his posts which seemed to be promoting crypto exchange Binance. Spanish Regulator Wary of Iniesta’s Binance Promo Andres Iniesta, was arguably one of the best midfielders in the world in his prime, playing for Barcelona and the Spanish national team during […]

The U.S Department of Justice (DOJ) confirms a California-based Bitcoin exchange operator has now been sentenced to three years in federal prison after being found guilty of “operating an unlicensed business”. According to the reports of the DOJ, the man exchanged no less than $13 million in bitcoin and cash — which was mostly for […]

India, the country with the highest number of crypto investors in the world, has started getting active in crypto-related topics. It is reportedly working on finalizing the regulations after years of brainstorming and waiting. Business and financial Indian newspaper, The Economic Times reports that the government would regulate cryptocurrencies as an asset class. While this might be […]

The United Republic of Tanzania’s semi-autonomous territory, Zanzibar, is reportedly looking for ways to expand the adoption of cryptocurrencies like Bitcoin under some regulations. The authorities of the country are planning on arranging some meetings with stakeholders like ministries and banks to talk about policies related to the cryptocurrency industry. Mudrick Soraga, Zanzibar’s Minister of […]

A Chinese official has reportedly been barred after allegedly abusing his administrative powers to undermine a standing political order of his party — the Chinese Communist Party CCP. Chinese Official Expelled By Central Committee Identified as Xiao Yi, the man who is also a high-ranking provincial official from Jiangxi province of China was  expelled by […]

There is no official legislation in Botswana regarding cryptocurrency regulation, according to the Central Bank of Botswana (BOB). In a press release issued on November 10, it understands that their citizens are involved in crypto trading like everyone else on the planet. BOB has also confirmed receiving and responding to queries from the general public […]

Crypto regulation has been the topic of a number of debates for this year, as the explosion of the blockchain space attracted regulatory action from nearly every financial authority. In a recent announcement, acting Comptroller of the Currency, Michael J. Hsu, has called for increased crypto regulation.  The announcement was made at the American Fintech […]