Pakistan signs in new laws to expedite the launch of CBDC
The State Bank of Pakistan (SBP) has approved new laws for Electronic Money Institutions (EMIs). KEY TAKEAWAYS The SBP plans...
Regulation
Maxine Waters Criticized for Praising SBF — Lawmaker Says ‘We Appreciate That You’ve Been Candid’ – Regulation Bitcoin News
Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried (SBF) being candid...
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity – Regulation Bitcoin News
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in...
South African Government to Add Crypto Entities to ‘List of Accountable Institutions’ – Regulation Bitcoin News
According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto...
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs...
Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda – Regulation Bitcoin News
According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on...
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall – Regulation Bitcoin News
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of...
Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry – Regulation Bitcoin News
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of...
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies – Regulation Bitcoin News
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the...
State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,”...
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts – Regulation Bitcoin News
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking...
NYC Mayor Undeterred by FTX Collapse — Insists Crypto Is an Industry ‘We Must Embrace’ – Bitcoin News
The mayor of New York City, Eric Adams, is not discouraged by the collapse of crypto exchange FTX and heavy...
Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax – Regulation Bitcoin News
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’ – Regulation Bitcoin News
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in...
Brazilian Cryptocurrency Bill Resurfaces After General Ballot – Regulation Bitcoin News
The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be...
Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme – Regulation Bitcoin News
Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO...
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads – Regulation Bitcoin News
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while...
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy – Bitcoin News
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s...
SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities...
US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation – Regulation Bitcoin News
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an...
NY Fed launches 12-week CBDC pilot program with major banks
The Federal Reserve Bank of New York’s Innovation Center, or NYIC, announced that it would be launching a 12-week proof-of-concept...
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims – Regulation Bitcoin News
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past...
