Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. Go to Source Powered by WPeMatico
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El Salvador president predicts ‘gigantic price increase’ for Bitcoin
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. Go to Source Powered by WPeMatico
UNICEF calls for child safeguards amid mainstream crypto adoption
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
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils
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
Clampdown on crypto ads: A one-off or a new phase of global regulation?
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
Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto Payments
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
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential
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
Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it
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
Crypto policy advocacy group warns of ‘disastrous’ provision in a new US bill
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
U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts. Go to Source Powered by WPeMatico