Tech trade group calls for regulatory clarity, claiming crypto job losses thr...
“It’s time to move the crypto policy debate from "we need regulation" to 'what are the impacts of specific regulatory proposals?’” said Chamber of Progress. The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leaving the country.In a Wednesday letter addressed to eight committee chairs in the House and Senate, Chamber of Progress financial policy director Janay Eyo urged Congress to consider moving forward on “substantive legislation to ensure the....
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Iran’s association of importers have now called for regulatory framework for cryptocurrency. This is after the Iranian government has officially used crypto to pay for the imports. In order to continue paying for imports with digital asset a regulation needs to mandated. The head of Iran’s Importers Group and Representatives of Foreign Companies (Import Association) […]
The founder of FTX exchange thinks the crypto industry will enjoy an increased rate of institutional adoption as regulatory clarity improves around the world. FTX crypto exchange founder Sam Bankman-Fried is optimistic that clarity provided by regulators around the world will stimulate institutional adoption rates for crypto this and subsequent years.In a Jan. 3 interview with Bloomberg, SBF talked about crypto regulations, institutional adoption, and the Metaverse. Despite the rocky end to 2021 for markets, SBF is “optimistic” about 2022.“The things that make me optimistic basically are....
The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.” United States-based trade group Blockchain Association announced Monday that it had formed a political action committee, to be called BA PAC, thus joining an industry trend to attempt to exert greater influence on candidates as they approach the midterm elections in November.The Blockchain Association, founded in 2019, has 90 members, according to its website, which include many of the leading names in the industry.....
The Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued. Blockchain Australia, a major association representing the local cryptocurrency industry, has officially introduced its crypto regulation recommendations to the federal government.The association filed a submission to the Senate Select Committee on Australia as a Technology and Financial Centre last Friday, calling the government to provide a safe harbor for local crypto service providers.Pointing out....
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their status as securities, which would have provided much-needed public regulatory clarity.” US Senator Wants SEC to Provide Clear Guidance on Crypto Regulation Senator Pat Toomey, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, wrote a letter to SEC Chairman....