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Tag Archives: Regulation

Congress Really Wants to Regulate Crypto After FTX

With FTX filing bankruptcy and Sam Bankman-Fried now leaving the throes of his once-great company, Congress and the elites in Washington are once again turning up the volume on their arguments for regulating the crypto space. Congress Is Coming After FTX There have been far too many accidents this year in the world of crypto. With companies like Celsius suddenly halting withdrawals and then filing for bankruptcy and assets like the Terra Luna (allegedly) stable coin crashing to the ground,...

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Buterin: It’s Not the Time for a Crypto ETF

Vitalik Buterin – the man behind Ethereum, the world’s second largest digital currency by market cap and the number one competitor to BTC – has announced that he doesn’t think right now is the best time for a crypto-based ETF (exchange-traded fund). Vitalik Buterin: It’s Not the Time for a Crypto ETF To be fair, such a product already exists. It was introduced by Pro Shares during autumn of last year, and it stirred heavy controversy by being based on futures technology rather than actual...

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Opinion: Is Limited Crypto Regulation Good for the Space?

Over the years, we’ve often discussed the implications of crypto regulation. The topic continues to be brought up as fraudulent activity within the crypto space grows at unprecedented rates. Why Regulation Is Always Talked About To this day, there are many out there that claim regulation is wrong for crypto. Despite the expansion of illicit activity, they don’t want regulation to take form as it could make the crypto space more like the traditional banking space, and the...

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The Treasury Wants to Regulate Crypto… And Fast

The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged in digital currency research for some time given that back in March, Joe Biden issued a crypto executive order calling for all financial agencies within the United States to examine and explore the risks and alleged advantages associated with digital currency assets. The...

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The Presence of Jim Messina in Crypto Grows

Jim Messina – a former advisor to President Barack Obama – has been making a real name for himself in the world of digital currencies. As his former deputy chief of staff, he is now a heavy crypto lobbyer who’s looking to instill certain guidance and regulations for digital currency exchanges stationed throughout London and the United Kingdom. Jim Messina Brings Crypto and Politics Together Messina is presently a political operative working on the board of...

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Is Biden Looking to Ban Bitcoin?

Biden and his cronies are calling for U.S. financial agencies to impose new digital currency regulations as quickly as possible. Biden Has Hinted He’s Not Happy with Crypto New reports from the White House Office of Science and Technology are suggesting that Biden could go so far as to ban bitcoin if he doesn’t feel it’s safe enough for traders. If such a ban would occur, it would likely fall right in place given how much American rights have been stomped on by this...

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Fyllo Expands Its Services to the Crypto Space

Fyllo – a leading data-driven marketing firm – has announced it is stepping into the crypto space. Fyllo Is Looking to Move Towards Crypto Fyllo is a company that makes its services available to businesses in multiple industries. The enterprise offers software and other solutions designed to ensure companies remain fully compliant with present-day regulations, and now it appears Fyllo is broadening its horizons to do the same for future crypto-related products. Up until...

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Singapore Looking to Instill New Crypto Laws

The government of Singapore is saying it’s likely to implement new cryptocurrency regulations in the coming future that will potentially keep retailers safe. Singapore Is Looking Deeper at Crypto Regulation Singapore has commented that there is too much volatility and unsteadiness in the digital currency market, especially as of late. The country is looking to ensure people are aware of the risks before they step in. Singapore regulators also say they want retail players...

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The EU Is Implementing New Crypto Regulations

The European Union (EU) has agreed to some new regulations for the crypto space. The EU Seeks to Regulate Crypto Under the new laws being implemented, a cryptocurrency company working in an EU-labeled country must obtain a license before operating. It will also need to implement certain safeguards to ensure customers and their money are safe from fraud and illicit actors. Up to this point, crypto companies were only required to show proof that they had barricades against...

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The EU Is Implementing Some Harsh New Crypto Rules

Lawmakers in the European Union (EU) are making it hard for crypto traders to invest in digital currency while remaining private. Regulators say they are working to make it so that money laundering in the crypto space never happens again. As a result, they are implementing new rules that will require all crypto exchanges and trading platforms to obtain, hold, and submit information on customers involved in digital currency transfers. The EU Is Coming Down Hard on Crypto...

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