Regulations – Page 30

Bithumb to Ban Foreign Traders Failing Mobile Phone Identification

South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb Prepares to Register Under New Rules Foreign nationals who do not […]

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Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat

An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future. Crypto Is the Promising Opportunity for Russian Investors National currencies are […]

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Crypto is too big to exist outside of public policies, warns SEC chair

SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term.

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SBF promotes efficiency of ‘misunderstood’ crypto derivatives

FTX CEO Sam Bankman-Fried says derivatives are necessary to bolster the liquidity and efficiency of markets.

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Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset

A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international institutions.
Candidate to Head Korea’s Financial Regulator Says Crypto Is Not Currency […]

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Coinbase warns infrastructure bill’s crypto provisions could impact 20% of US population

Coinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans.

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Congress has put forward 18 bills on digital assets in 2021 so far

Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year.

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Draft El Salvador Bitcoin banking regulations released

El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin.

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Crypto Exchange Bitfront Said to End Korean Services Ahead of Tough New Regulations

U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary of Japanese tech giant Line, is currently available to Korean traders. Line’s Bitfront Exchange to Discontinue Services for Korean Cryptocurrency Traders With tighter regulations on […]

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Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says

With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital Market Regulator to Look Into Crypto Trading if Central Bank Regulates […]

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