El Salvador President: Bitcoin law will be approved tonight
President Nayib Bukele’s Bitcoin Law will reportedly be passed in the Salvadorian congress tonight. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator. Go to Source Powered by WPeMatico
IRS needs congressional authority to handle crypto, says chief
“Most crypto, virtual currencies are designed to stay off the radar screen,” said Charles Rettig. Go to Source Powered by WPeMatico
Latin lawmakers don lazer eyes on Twitter in support of Bitcoin
An increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets. Go to Source Powered by WPeMatico
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the country or in the world how to trace cryptocurrency,” one senator said, adding that “We’ve got to do a better job here.” Senators Urge Lawmakers … Read more
Global banking regulator plans to hold consultation on crypto exposure
The group has previously warned of “financial stability concerns” and risks faced by banks when it comes to cryptocurrencies. Go to Source Powered by WPeMatico
Indian central bank remains anti-crypto, affirming ‘no change’ in its stance
The Reserve Bank of India’s ban on banks’ dealings with crypto may be defunct but the institution remains apprehensive of — if not outright hostile to — cryptocurrencies. Go to Source Powered by WPeMatico
Binance-backed Indonesian crypto exchange considers IPO
Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020. Go to Source Powered by WPeMatico
Bitcoin Will Face Tougher Regulation as Popularity Grows, Says Sweden’s Central Banker
The Swedish central bank’s governor says bitcoin will face tougher regulation given its sheer popularity that continues to grow. “When something gets big enough, things like consumer interests and money laundering come into play,” said Stefan Ingves, Governor of the Riksbank. Tougher Regulation Expected for Bitcoin Stefan Ingves, the governor of Sweden’s central bank, the … Read more
Bitcoin’s rising popularity will lead to more regulation, says Riksbank
Riksbank Governor Stefan Ingves says there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline. Go to Source Powered by WPeMatico