Hong Kong Reviews “Excessively Stringent” Crypto Regulation

Hong Kong Reviews “Excessively Stringent” Crypto Regulation

Hong Kong is taking another look at its crypto regulation as lawmakers fear the current framework could be a deterrent for exchanges. During a parliamentary questioning session yesterday, Christopher Hui, Secretary for... Read more »
Brazil to Tighten Regulation on Foreign Crypto Exchanges

Brazil to Tighten Regulation on Foreign Crypto Exchanges

Brazil’s tax authority, the Receita Federal, is set to increase scrutiny on foreign cryptocurrency exchanges operating within the country to bolster regulation and transparency amid a rise in digital asset usage in... Read more »
Recent Crypto Crackdown in Nigerian Calls for Regulation

Recent Crypto Crackdown in Nigerian Calls for Regulation

Amid the current situation regarding Nigeria struggling with inflation rates which now approaches 30 percent and a rapidly depreciating naira, Nigeria officials have turned their attention to crypto exchanges, accusing them of... Read more »
Madison County approves crypto mining facilities regulation

Madison County approves crypto mining facilities regulation

MARSHALL – One week after the Buncombe County Board of Commissioners extended by a year its moratorium on cryptocurrency/data processing operations on May 7, the Madison County commissioners chose a different option,... Read more »
Crypto exchanges to have important meeting with Nigerian SEC Chief over regulation

Crypto exchanges to have important meeting with Nigerian SEC Chief over regulation

The Blockchain Industry Coordinating Committee of Nigeria (BICCON) is putting together a roundtable with International and local crypto exchanges and the new director general of the Nigerian Securities and Exchange Commission (SEC)... Read more »
Bitcoin may see further upside, Standard Chartered says, citing looser regulation and US spot ETFs

Bitcoin may see further upside, Standard Chartered says, citing looser regulation and US spot ETFs

Bitcoin could benefit from US fiscal dominance and Trump winning, Standard Chartered says, citing loser regulation and spot ETF approvals. Hong Kong issuers told WuBlockchain that the government prohibits sale of virtual... Read more »
Philippines Eyes Crypto Regulation Guidelines by Year-End

Philippines Eyes Crypto Regulation Guidelines by Year-End

The Philippines SEC has disclosed plans to regulate crypto. The revelation comes after an intense crypto crackdown. Unregistered exchanges were nabbed in the crackdown, including Binance. The Philippines Securities and Exchange Commission... Read more »
Senators Pressure President Joe Biden On Crypto Regulation

Senators Pressure President Joe Biden On Crypto Regulation

Amidst growing concerns over the use of cryptocurrency to circumvent sanctions, Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine) have called upon the Biden administration to tighten crypto regulations.  Their concerns were... Read more »
Russian Government Crypto Chief: Mining Regulation Our Priority

Russian Government Crypto Chief: Mining Regulation Our Priority

Last updated: April 8, 2024 19:30 EDT | 3 min read The Russian government’s crypto working group chairman believes Bitcoin (BTC) mining regulation is now a priority for Moscow. After years of... Read more »
China’s Central Bank Prioritizes ‘Crypto Asset’ Regulation Amid Rising Risks

China’s Central Bank Prioritizes ‘Crypto Asset’ Regulation Amid Rising Risks

The People’s Bank of China Financial Stability Report 2023 discusses the rapid growth of the global market for crypto assets. Stressing the principle of “same business, same risks, same supervision,” the report... Read more »