Tag Archives: Regulation

As we know by now, India is unaware of where it will be in a few years when it comes to cryptocurrency. However, it looks like many regulators are now potentially looking to oversee crypto activity within the country rather than outright ban it like everyone has feared over the past several months. India Can’t Decide Where to Go with Crypto India is presently setting up a panel of crypto experts who will discuss the regulation of crypto in the region. Artur Schaback –...

Brian Armstrong – the CEO of Coinbase, one of the world’s largest and most popular cryptocurrency exchanges – has been having one heck of a week. The trading platform made its stock debut on the Nasdaq a few days ago, and things appear to really be taking off. Brian Armstrong: No Hacks, No Regulation Coinbase saw its stock trading for well over $300 per share. Given that the company is likely valued at more than $100 billion at this stage, this is small beans compared...

With bitcoin having reached a new all-time high in recent days of approximately $61,000 per unit, many analysts and industry heads are calling for more regulation of the cryptocurrency arena. One such figure is Nigel Green, the CEO and founder of deVere Group. Nigel Green on the Importance of Regulation In a recent interview, Green comments: Like it or not, cryptocurrencies, there is no getting around the fact that bitcoin is becoming an increasingly important part of...

ECB President Christine Lagarde has expressed her thoughts on BTC in a recent interview, claiming the asset needs to be regulated on a “global level.”Christine Lagarde: Bitcoin Must Be Globally RegulatedIn her opinion, bitcoin has given people open doorways to numerous financial crimes such as money laundering. Thus, without global regulation in play, these doors can never be closed. She mentioned that bitcoin is not a currency. Instead, it is a rather “highly speculative asset which has...

It looks like banks and financial institutions are still split right down the middle when it comes to cryptocurrency.Many Banks Are Still Iffy on the Subject of CryptoFor the most part, the gap between both centralized and decentralized finance has been somewhat bridged over the past few months. After all, many banks have now been given the green light to offer crypto custody services to their customers, but how many are looking to do this willingly?It appears many of them are still having...

Richard Ells is the CEO of Electroneum, a cryptocurrency app for smartphones that allegedly offers one of the fastest payment options out there. He’s also created a cryptocurrency known as ETN that he says is used by hundreds of thousands of people around the world to garner access to basic financial services.Richard Ells: Crypto Is Better Than It LooksHe says that one of the things that bothers him most nowadays is how the cryptocurrency space is widely depicted in a negative light by the...

One of the big problems that everyone seems to have with bitcoin and crypto is that they are not as regulated as other financial markets. For the most part, they are designed to be decentralized and give more monetary power to users, but without any regulation at all, things are bound to get out of hand.Bitcoin Regulation May Take On a Different FormNow, some are promoting the idea of bitcoin being regulated the way India regulates its stock market. The idea comes from Deepak Kapoor, a...

It looks like bitcoin and crypto are gearing up to be regular, hot debate topics during this year’s U.S. presidential election.Bitcoin Is Gearing Itself UpAs we all know, Andrew Yang was originally serving as the “crypto candidate” for Democrats throughout the country. Among Yang’s plans were to alleviate some of the tension in the regulatory space by making the rules surrounding crypto activity and trades less complicated and easier to understand for normal, everyday traders.Yang, however,...

Ripple sees itself as so much more than a currency. That much is obvious, but the company is now making waves in the regulatory space.Ripple Is Heading Into New TerritoryRipple has opened a new office in Washington D.C., making it the only crypto venture to have devoted itself to government affairs according to an official press release. Craig Phillips, the former counselor to the secretary of the U.S. Treasury Department, is also joining Ripple’s board of directors alongside Michelle Bond,...

In a clear example of tech evolving faster than the law can adapt, a Japanese minster has confirmed that crypto donations are now legal due to a classification loophole. According to Reuters, on Tuesday, Sanae Takaichi, the internal affairs and communications minister of Japan, noted the newfound ‘legality’ of crypto donations. She specifically highlighted their use within elections, remarking that cryptocurrencies were not subject to the stringent political fund’s control law; a statute...