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Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.” Go to Source Powered by WPeMatico
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high regulatory standards,” said an HM Treasury spokesperson. Regulation of Stablecoins in the … Read more
The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure. Go to Source Powered by WPeMatico
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added. Finance Minister on Indian Crypto Regulation India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat … Read more
The Digital Commodity Exchange Act would give the commodities regulator the authority to determine rules for cryptocurrency developers and exchanges offering spot trading. Go to Source Powered by WPeMatico
“We want to be close to our friends in the United States on these issues as much as we can,” Australian Senator Andrew Bragg told Cointelegraph. Go to Source Powered by WPeMatico
The measure comes along with a proposed ban on advertising of non-licensed crypto services. Go to Source Powered by WPeMatico
Skybridge Capital, a $3.5 billion asset management firm, is “extremely bullish” on the crypto sector, says an executive of the firm. “For us, we think the cryptocurrency markets represent tremendous growth.” ‘The Cryptocurrency Markets Represent Tremendous Growth’ Two executives of Skybridge Capital — founder Anthony Scaramucci and director John Darsie — talked about the firm’s … Read more
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities. Crypto Industry’s Letter to EU Policymakers Forty-six European crypto businesses and organizations … Read more
The regulator says it’s “committed to keeping pace” with the risks of “the growth of crypto assets”, upping its budget by $31 million in preparation. Go to Source Powered by WPeMatico
