Law Decoded: A different Congress hearing, Dec. 6–13
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn. Go to Source Powered by WPeMatico
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FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance. Go to Source Powered by WPeMatico
Crypto market eyes recovery ahead of key US inflation data release
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data. Go to Source Powered by WPeMatico
Prosecutor General’s Office Wants to See ‘Cryptocurrency’ in Russian Law
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities. Russian Prosecutor General’s Office Prepares Amendments Allowing Seizure of Cryptocurrency With cryptocurrencies being only partially regulated … Read more
UK politicians say cryptocurrency is ‘not an investment’
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements. Go to Source Powered by WPeMatico
Indian trade group recommends ‘special class security’ status for crypto
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market. Go to Source Powered by WPeMatico
Puerto Rico wants to combat corruption with blockchain technology
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week. Go to Source Powered by WPeMatico
Smart crypto policy could keep India’s tech dominance on top
Experts are fairly confident that the Indian government will most likely choose to regulate rather than ban its thriving crypto economy. Go to Source Powered by WPeMatico
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve. Go to Source Powered by WPeMatico
Crypto’s impact on sanctions: Are regulators’ concerns justified?
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption. Go to Source Powered by WPeMatico
