OCC Chief Urges Caution on Crypto Regulation
Regulators should not rush to regulate the cryptocurrency industry, upholding high standards in their work. This view was voiced by the acting Comptroller of the Currency, Michael J. Hsu.
OCC Chief Urges Caution on Crypto Regulation
Regulators should not rush to regulate the cryptocurrency industry, upholding high standards in their work. This view was voiced by the acting Comptroller of the Currency, Michael J. Hsu.
Kazakhstan Approves Crypto Regulation and Mining in First Reading
On October 12, the lower house of Kazakhstan's parliament approved in the first reading five bills regulating the issuance and circulation of cryptocurrencies within the country.
CFTC Chair Warns That Crypto Regulation Is Inevitable
The creation and deployment of innovation will not be a 'free pass' around regulation for participants in the cryptocurrency industry. This was stated by Rostin Behnam, head of the U.S. Commodity Futures Trading Commission (CFTC), The Block reports.
Portugal budget proposal includes taxation of cryptocurrencies
The Portuguese budget proposal for 2023 envisions a 28% income tax on digital assets held for less than a year. Beyond this period, it is not envisaged.
G20 regulator flags instability in stablecoins
No stablecoins currently meet the standards set for digital assets by the central banks of the world's largest economies. This conclusion was reached by the Financial Stability Board (FSB) under the G20.
European Commission to study the possibility of ’embedded supervision’ for DeFi protocols
The European Commission announced a tender to study real-time automated data collection of DeFi activity on the Ethereum network for regulators.
Coinbase secures Singapore payment-services license
Singapore's financial regulator has granted Coinbase, the American cryptocurrency exchange, a license to provide payment services.
European Parliament committee backs MiCA bill
Members of the European Parliament's Committee on Economic and Monetary Affairs backed the MiCA cryptocurrency regulation bill in a vote on 10 October.
RBI to launch pilot for the digital rupee
The Reserve Bank of India (RBI) published a report on national digital currencies. It states that the prototype of the digital rupee will be launched 'in the near future'.
Binance secures permanent license to operate in Kazakhstan
On 6 October, the cryptocurrency exchange Binance announced that it had obtained a license in Kazakhstan to operate a digital asset platform and provide custody services at the Astana International Financial Centre (AIFC).We use cookies to improve the quality of our service.
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