Regulation Is Coming And Bitcoin Will Benefit
CFTC and SEC regulation for bitcoin is inevitable. While some people are against it, regulatory clarity will help bitcoin adoption and boost the price.This is an opinion editorial by Shane Neagle, the editor-in-chief of “The Tokenist.”The continued discussion about the need for a comprehensive U.S. regulatory framework to identify opportunities and risks within the rapidly growing Bitcoin sector has caught the attention of the wider public. Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), said recently that proper regulation of the cryptocurrency....
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The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. Tight Regulation Good for Crypto Industry Professor Emilios Avgouleas talked about how strict regulations are beneficial to the crypto industry in an interview with the Insider last week. The chairman of International Banking Law and Finance at the University of Edinburgh, professor Avgouleas is also a....
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional investors. New US Crypto Regulation Will ‘Work for Everybody’ Acting Comptroller of the Currency, Brian Brooks, answered some questions about the upcoming U.S. cryptocurrency regulation in an interview with....
Daniel Cawrey at CoinDesk broke down a few arguments for why government regulation on some level would be a benefit to Bitcoin. This has been a hot topic in the US since the November 18 Senate committee hearing on digital currencies. The basis for regulation, in his argument, comes from FinCEN Director Jennifer Shasky Calvery’s quote about mitigate risk while minimizing the burder on the currency. Cawrey touches on three areas of concern: Crime, privacy and the banks. Here is how limited regulation could assuage those concerns.
Ripple CTO David Schwartz weighs in on discussions of a “Great Financial Reset” by saying talk of a one-world currency is premature. However, Schwartz acknowledges that a global network of central bank digital currencies (CBDCs) is coming soon. With that, he believes XRP, as a “neutral, jurisdictionless asset,” can benefit by acting as a bridge […]
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether.
Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It
Indian crypto legislation is drawing near. The Indian government has listed a cryptocurrency bill to be taken up in Lok Sabha, the lower house of India’s parliament, for the winter session which starts on Monday, Nov. 29.
The bill....