IMF Urges For Comprehensive Global Regulatory Policy To Tackle Crypto-Issues
The emergence of cryptocurrencies and their increasing adoption impetus the need for crypto regulations. Issues like failures of projects, exploits, high market volatility, and misuse of digital assets in crimes have put the regulatory authorities on their toes worldwide. After the U.S. Fed decided to fight market inflation with its hawkish approach, IMF called for […]
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Due to the ever-changing nature of cryptocurrency technology, it has always been subject to regulatory amendments around the globe. The G20, a group of 20 developed economies, has opted for a unified approach to design a comprehensive crypto rule book to address this issue. In the G20 summit held in New Delhi, leaders from around […]
During her visit to the United States, the official highlighted the importance of a truly global regulatory effort. While the European Union proceeds with smoothly passing its landmark crypto framework, the Markets in Crypto-Assets (MiCA), through the legislation phases, its financial services chief urges their United States’ counterparts to keep in step to ensure the forthcoming regulations will be global, not local. On Oct. 18, the European Commission’s financial services commissioner Mairead McGuinness emphasized to the Financial Times that the regulatory efforts should take a global....
The government of Iran has finalized a set of cryptocurrency regulations. A “comprehensive and detailed” law ratified by the administration provides a regulatory framework for cryptocurrency, including their authorized usage and crypto mining, a government official reportedly said. Iran Finalizes Crypto Regulations The Iranian government has evaluated all issues relating to cryptocurrencies and approved a set of cryptocurrency regulations, Reza Fatemi-Amin, the minister of Industry, Mines, and Trade, told reporters at the conclusion of an automotive industry event in Tehran....
An international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on compliance and collaboration with regulators, according to its management.
Crypto Exchange Binance Secures Qualified Advice on Regulatory Matters
Binance, the world’s leading digital asset exchange in terms of trading volume, has established a Global Advisory Board. The body is comprised of “distinguished experts in public policy, government, finance,....
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt the proper regulatory regime for these assets, the more likely they will become so intertwined in our financial system that there could be potentially serious consequences if this market comes under stress.” Senator Warren Wants Quick Regulatory Response to Crypto Risks U.S. Senator Elizabeth Warren wrote a letter to Treasury Secretary Janet....