Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator. Go to Source Powered by WPeMatico
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IRS needs congressional authority to handle crypto, says chief
“Most crypto, virtual currencies are designed to stay off the radar screen,” said Charles Rettig. Go to Source Powered by WPeMatico
Former SEC head and treasury undersecretary defend US crypto regulations
Former top policymakers Jay Clayton and Brent McIntosh has defended the crypto regulatory regimes established during their respective government tenures. Go to Source Powered by WPeMatico
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. Trump Thinks Bitcoin Is a Scam, Wants Heavy Regulation on Crypto … Read more
US officials recover $2.3M in crypto from Colonial Pipeline ransom
Government officials did not specify the exact method used to seize the funds from the ransomware group. Go to Source Powered by WPeMatico
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the country or in the world how to trace cryptocurrency,” one senator said, adding that “We’ve got to do a better job here.” Senators Urge Lawmakers … Read more
Global banking regulator plans to hold consultation on crypto exposure
The group has previously warned of “financial stability concerns” and risks faced by banks when it comes to cryptocurrencies. Go to Source Powered by WPeMatico
Infosys Chairman Advocates Regulation of Crypto Assets as Commodities in India
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy. Infosys Chairman Wants Crypto Regulated as an Asset Infosys Chairman Nandan Nilekani says the Indian government should regulate crypto as an asset that can be … Read more
Lawmakers should treat crypto like gold or real estate: Indian tech magnate
Indian tech mogul, Nandan Nilekani, believes the country should be seeking to attract investment from the $1.7 trillion crypto asset industry. Go to Source Powered by WPeMatico
Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’
The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally.” Bitcoin May See Breakthroughs, Says Finance Minister of Norway The finance minister of Norway, Jan Tore Sanner, suggested in an interview last week that “cryptocurrencies … Read more