Google’s New EU Crypto Ad Policy: Only MiCA-Licensed Platforms Need Apply

Russian Central Bank and the Ministry of Finance’s adverse opinions lead to a restrictive policy instead of banning the use of cryptocurrencies. Per the Coindesk, the Ministry of Finance purposes a bill that limits the crypto transactions tied with licensed operators in Russia, adding peer-to-peer trading as illegal, while certified wallets are allowed. Related Reading […]

Under Google’s new policy that went into effect on August 3, advertisers offering cryptocurrency exchange and wallet services are once again allowed to market their products. Google is running crypto ads again after its updated financial products and services policy went into full effect on August 3.The multinational giant banned crypto and Initial Coin Offering (ICO) related advertisements back in June 2018, and the updated policy allows regulated crypto entities to market their services once again. ICOs have been left out in the cold, however. Google’s crypto ad policy revision was first....

Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon. Policymakers with the European Parliament Committee on Economic and Monetary Affairs, or ECON, have approved the Markets in Crypto-Assets framework following a vote from the European Council.In an Oct. 10 tweet, ECON member Stefan Berger confirmed the committee had accepted the MiCA legislation, a result of trialogue negotiations between the EU Council, the European Commission and the European Parliament. Members of the....

“Europe’s upcoming crypto-assets policy framework will be to crypto what GDPR was to privacy,” says Circle chief strategy officer Dante Disparte. Officials from the European Union (EU) have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. Stefan Berger, European Parliament member and rapporteur for the MiCA regulation — the person appointed to report on proceedings related to the bill — broke the news on Twitter saying that a “balanced” deal had been struck, which has made the EU the first continent with....

SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term. Crypto assets will not last long outside of a public policy framework because “finance is about trust,” warns Gary Gensler, the chair of the United States Securities and Exchange Commission.Speaking to The Financial Times, Gensler stressed the need for a regulatory framework for crypto platforms for their own survival. He explained that crypto assets should be under the same public policy imperatives to protect investors and fight illicit financial activities.He said....