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UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. Go to Source Powered by WPeMatico
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in … Read more
Intensified scrutiny of digital asset ads is a growing trend, but it’s not clear if it is inextricable from crypto regulation’s evolution. Go to Source Powered by WPeMatico
The recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed that authorities in Sofia are now exploring options to implement a crypto payment … Read more
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian leader also emphasized Russia’s strengths as a crypto mining destination. Putin Asks Ministers and Bankers to Report Back With Consensus on Cryptocurrencies Russian … Read more
The harsh language of the CBR’s report sent waves of panic, but now it seems that the regulator might have few allies in the government. Go to Source Powered by WPeMatico
According to Coin Center director, the proposed bill would essentially bypass existing checks and balances on the Treasury Secretary’s authority in surveilling financial institutions, including crypto firms. Go to Source Powered by WPeMatico
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts. Go to Source Powered by WPeMatico
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by Other Russian Institutions The … Read more
The Indonesian cryptocurrency industry and market experienced notable growth in 2021. Go to Source Powered by WPeMatico
