SEC chair has a new senior adviser for crypto
Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. Go to Source Powered by WPeMatico
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Crypto makes history in 2021: Five instances of governments embracing digital assets
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. Go to Source Powered by WPeMatico
Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners
The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia Granted Permission to Increase Costs for Home Mining Russians mining cryptocurrencies … Read more
US lawmaker planning to introduce comprehensive crypto bill in 2022: report
Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes, and offer consumer protections. Go to Source Powered by WPeMatico
100 digital payment token firms in Singapore fail to win licenses: Report
The Monetary Authority of Singapore wants to support crypto and blockchain adoption in the country but it’s also willing to recognize the risks. Go to Source Powered by WPeMatico
El Salvador buys 21 Bitcoin to celebrate December 21, 2021
Buying Bitcoin is becoming a way of celebrating different occasions or playing around with meaningful figures by El Salvador. Go to Source Powered by WPeMatico
Law Decoded: Making sense of mixed signals, Dec. 13–20
This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets. Go to Source Powered by WPeMatico
SEC commissioner Elad Roisman will leave by end of January
Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023. Go to Source Powered by WPeMatico
China Censors Crypto-Themed Short Videos Shared Online
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips on Crypto Trading, Mining Banned in China The China Netcasting Services Association … Read more
US Senate confirms CFTC chair as President Biden announces commissioner picks
At his October confirmation hearing, Rostin Behnam said it was “critically important to have a primary cop on the beat” of an emerging market that included cryptocurrencies and stablecoins. Go to Source Powered by WPeMatico