Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week. Go to Source Powered by WPeMatico
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Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says
The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates. Go to Source Powered by WPeMatico
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more
Texas Ethics Commission seeks pro-crypto rule for political contributions
If approved, cryptocurrency donations and contributions will need to be reported as in-kind contributions or as investments, not currency. Go to Source Powered by WPeMatico
Celsius responds to NYAG crackdown on crypto lending platforms
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm. Go to Source Powered by WPeMatico
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its own activities. Iran Preps Pilot … Read more
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James’ office. Go to Source Powered by WPeMatico
NY AG directs 2 crypto firms to shut down, investigates 3 others
NY AG “will not hesitate to take whatever actions are necessary against any company that thinks they are above the law,” said Letitia James. Go to Source Powered by WPeMatico
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, … Read more
