Regulation

The XRP Ledger Foundation, the independent non-profit entity behind the development of the XRP Ledger, has announced the launch of the initial phase of the Token Assessment Framework. It comes following a collaboration with Grant Thornton Baltic, a business advisory service provider. XRPL Foundation’s New Token Assessment Framework According to the official blog post, the main objective of the framework is to provide transparency for investors in the XRP Ledger (XRPL)...

The Lower House of Russia’s Parliament – State Duma – has reportedly called upon establishing a regulatory framework on cryptocurrencies rather than imposing a blanket ban on them. The authorities joined the likes of the Finance Ministry, which urged for the same thing. The Never-Ending Saga Earlier this year, the Bank of Russia – the central banking institution of the largest country by landmass – reiterated its negative stance on the crypto sector. It called it a pyramid...

Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The document opened the doors to more than a trillion dollars in spending. With a name like infrastructure, one...

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Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

Crypto regulation has long been a rather controversial topic. Traders and analysts everywhere seem to be split right down the middle on it. How Necessary Is Regulation? Some of the experts out there believe it’s completely necessary, and they’re all for it. Tally Greenberg – head of business development at All Nodes – explained in a recent interview: Regulations will come up and they must come up at some point, which would stabilize the market even further. That protects...

Bitcoin Price Chart The US President Joe Biden is very busy. Besides plenty of geo-political matters and internal economic wrangling, his team seems to be preparing an executive order on cryptocurrency policy. This new executive order could be signed as early as Wednesday, 9 March. This order would amount to assigning one regulatory authority to oversee the crypto market. It is now clear that the whole world, including the US, wants more...

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced that it has secured an FSP from Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA”) effective as of 07 February 2022. Following receipt of this FSP, SEBA Bank has opened an office in Abu Dhabi ADGM to strengthen support for its regional partners in the provision of regulated digital asset services. The FSP authorises SEBA Bank to conduct regulated activities in the...

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

Jerome Powell – Chairman of the Federal Reserve –  recently testified in front of the House Financial Services Committee on the state of the economy, and future monetary policy. Given the various sanctions placed on Russia during its conflict with Ukraine, he said the conflict “underscores” the need for crypto regulation that he’s advocated for months. Maintaining Effective Sanctions Following his testimony on Wednesday, Powell was asked whether Russia could potentially use...