U.S Fact Sheet On Global Crypto Regulation; Here’s What We Know
The U.S Treasury Department has published a fact sheet which lays a framework for international engagement related to crypto. This fact sheet was published on Thursday. It lays out how U.S plans on working with several foreign regulators to take up matters related to the crypto industry. This fact sheet is the first report published […]
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United States President Joe Biden has passed an executive order on crypto, which is called “Ensuring Responsible Development of Digital Assets. After this, the federal agencies introduced a joint fact sheet on six principal directions for regulation in the U.S. Joe Biden’s administration has earlier lobbied for more control and increased laws on cryptocurrencies owing […]
The fact sheet sums up the efforts of nine federal agencies’ research over the past six months. Following United States President Joe Biden’s executive order on Ensuring Responsible Development of Digital Assets, federal agencies came up with a joint fact sheet on six principal directions for the crypto regulation in the U.S. It sums up the content of nine separate reports, which have been submitted to the President to “articulate a clear framework for responsible digital asset development and pave the way for further action at home and abroad.”The fact sheet was published on the White....
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin, she suggested that the crypto regulation could be “initiated by the G7, moved into the G20 and then enlarged.” ECB Chief Calls for Bitcoin Regulation Globally ECB President Christine Lagarde said in an interview at the Reuters Next conference Wednesday that bitcoin is “a....
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Poland is seeking out a regulated cryptocurrency to become a contender in European economics. Poland, a member of the European community, is pressing for regulation from the European Union because of the impact that it envisions. Wojociech Trusz, from Ministry of Economy, advises that: cryptocurrency can help Polish international competiveness. Europe must acknowledge the use of cryptocurrency through regulation, according to Trusz - who says that "this is a global phenomenon". Trusz indicates that it could open doors to building a foundation for entrepreneurs and business if regulation....