US Congress Creates New Crypto Working Group to Tackle Blockchain Regulation,...
Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee. I applaud Chairwoman Waters' decision to elevate the attention given […]
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Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes. The Russian State Duma has created a working group that will tackle the complicated issue of forming regulations for the cryptocurrency mining industry.According to an official announcement on Nov. 11, State Duma Chairman Vyacheslav Volodin instructed the legislature to create a group that will address regulatory gaps in the industry.The group was formed following a statement by Andrei Lugovoy, the First Deputy of the Representative Committee on Security and Anti-Corruption. Lugovoy....
The Carlyle Group co-founder also spoke on the regulatory landscape, saying that he does not anticipate excessive regulation from the U.S. Congress. Carlyle Group co-founder David Rubenstein acknowledged on Sept. 2 that he has invested personally in a number of crypto companies, and is optimistic about the industry’s path to regulation in the United States.Speaking with CNBC'S Squawk Box on Thursday, the billionaire said he believes that government regulation will be positive for the industry, and that the U.S. Congress will tak a collaborative approach to boost an innovation environment....
The regulation of virtual currencies by the European Council creates unduly burden on exchanges, but at the same time adds legitimacy to Bitcoin and other cryptocurrencies, says a European Parliament consultant on the matter. Cointelegraph asked Jonathan Chester, who is the head of Bitwage, a leading payroll company in Europe and a contributor at Forbes, what he thinks about the process and how regulation will affect the Bitcoin ecosystem. He is a part of a working group that is consulting the European Parliament on the subject of virtual currency and blockchain. In Jonathan’s opinion, the....
Crypto regulation is still a hot topic in Congress. Talks of putting regulations are still underway in the House. With either side trying to swing the consensus for or against crypto. One of the senators who wants favorable crypto regulation is Senator Cynthia Lummis. Lummis has always been vocal about her support for cryptocurrencies. The […]
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,....