Crypto and Laws
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ESMA boss wants regulations to protect investors
The Chairman of the ESMA, Verena Ross, has become the latest popular figure to call for regulations in the crypto space that will seek to provide...
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ESMA Chair says crypto needs urgent regulation to protect investors
Verena Ross, the Chair of the European Securities and Markets Authority (ESMA), has called for the urgent regulation of the crypto space. In an...
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US Federal Reserve Vice Chair sees need for a digital dollar
Lael Brainard, Vice-Chair of the Federal Reserve, believes a U.S. central bank digital currency (CBDC) could help maintain the financial system...
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STEPN removes GPS in China amid regulatory concerns – price drops 40%
STEPN, the revolutionary move-to-earn project, has announced they will be forced to stop providing GPS services to users within mainland China...
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Crypto regulation: EU regulator calls for a formal legal framework
Crypto has enjoyed its journey without any strict regulation across the world. The recent changes in the value of the global crypto market and its...
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Turkey drafts new bills to increase regulatory oversight of crypto
Turkey is drafting new crypto laws that would introduce more regulatory oversight in the crypto market and possibly impose some transactions...
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SEC’s Hester Pierce claims US failed at regulating crypto
SEC Commissioner Hester Peirce believes the U.S. has blundered regarding regulating the nascent crypto industry. She shared these sentiments...
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Portugal’s parliament turns down proposals for Bitcoin taxation
Portugal’s parliament has dismissed a proposal to tax Bitcoin and other cryptocurrencies. The left-wing parties Bloco de Esquerda and...
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Hydropower plant fined for aiding illegal crypto mining
A Hydropower plant located in the Hubei province of China has been fined for illegally supplying resources to miners in the region. According to...
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Paraguay’s crypto mining and trading bill advanced
The Chamber of Deputies of Paraguay passed legislation governing crypto mining and trading by 40-12 on Wednesday. The bill passed with revisions...
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Kazakhstan works with Binance to boost its crypto industry
Kazakhstan, one of the world’s major leaders in cryptocurrency mining and a country that has recently engaged in hostile actions against the...
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Central African Republic wants to launch Africa’s first legal Bitcoin investment platform
According to an announcement on the country’s official Facebook page, the Central African Republic (CAR) is set to launch a cryptocurrency...
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South Korea to tighten scrutiny of exchanges after Terra LUNA collapse
The collapse of the Terra ecosystem has sent shockwaves across the crypto ecosystem, dragging down the entire market. The debacle has not only...
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What are the implications if Bitcoin is treated as a commodity?
Securities and Exchange Commission (SEC) Chair Gary Gensler told the House Appropriations Committee on May 18 that Bitcoin could potentially be...
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Police announce orders to freeze LFG funds
The police in South Korea have issued a directive to crypto platforms to bar funds belonging to the LFG. According to the update, the body...