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Mairead McGuinness said the United States and EU were both moving forward on comprehensive frameworks for crypto, with President Joe Biden’s executive order and the MiCA proposal. Go to Source Powered by WPeMatico
A new Senate bill strives to keep the “spirit of blockchain” while combating crime, but critics call it ill-conceived, redundant and unworkable. Go to Source Powered by WPeMatico
The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin. Go to Source Powered by WPeMatico
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers to Review Legislation Enforcing Rules for Crypto Mining Sector The draft … Read more
Regulation will touch every person in every jurisdiction worldwide; crypto must find ways to preserve its decentralization and privacy. Go to Source Powered by WPeMatico
“There is always the possibility that someone inside Coinbase could, wittingly or unwittingly, leak information to outsiders engaging in illegal activity,” said Brian Armstrong. Go to Source Powered by WPeMatico
The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or companies must follow to operate legally in the country, after establishing a general framework in August. Bank of Cuba Clarifies Rules … Read more
Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want. Go to Source Powered by WPeMatico
The Crypto Law is aimed at making Panama “compatible with the digital economy, blockchain, crypto assets and the internet.” Go to Source Powered by WPeMatico
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets. Go to Source Powered by WPeMatico