Regulations News

The European Union has announced new regulations for classifying digital assets and cryptocurrencies under the Markets in Crypto-Assets Regulation (MiCA).

Argentina is moving to regulate its rapidly growing cryptocurrency sector with a new law aimed at addressing money laundering and other risks.

The Greek government is gearing up to introduce a tax framework for cryptocurrencies and digital assets, which are currently not formally recognized.

The Bank for International Settlements (BIS) has introduced new regulations that could significantly impact stablecoins like Tether’s USDT and Circle’s USDC, both of which operate on public blockchains.

South Korean lawmakers have proposed pushing back the implementation of cryptocurrency capital gains taxes until 2028, citing current negative market sentiments.

Amid recent discussions on social media suggesting a potential reversal, China’s stance on Bitcoin remains a contentious topic within the cryptocurrency community.

The Securities and Futures Commission of Hong Kong (SFC) has issued warnings against seven cryptocurrency trading platforms for operating illegally without proper licenses in the region.

The State Duma’s Financial Markets Committee has recommended that the lower house of the Russian parliament approve a bill to regulate Bitcoin and altcoin mining activities.

After a decisive election victory on July 4, the UK Labour Party, under Prime Minister Keir Starmer, has begun appointing officials to key government roles.

The US House of Representatives recently attempted to overturn President Biden’s veto of a measure aimed at nullifying SEC guidance known as SAB 121.

In a renewed effort, a group of bipartisan U.S. senators is advocating for legislation to prevent members of Congress from engaging in stock trading.

Amidst recent turbulence in the crypto market, the spotlight is firmly on the SAB 121 Bill, an initiative by the SEC aimed at increasing transparency and regulatory oversight within the cryptocurrency sector.

During a hearing in front of the House Committee on Financial Services, Federal Reserve Chair Jerome Powell expressed strong support for passing stablecoin legislation before the end of 2024.

The Republican Party, led by former President Donald Trump, has unveiled a platform supporting cryptocurrency innovation, detailed in a document from the Republican National Committee.

Italy’s central bank is gearing up to enforce the MiCA regulation, aiming to uphold the stability of the payment system.

Democratic Congressman Ro Khanna has organized an exclusive roundtable discussion focused on cryptocurrency in Washington, scheduled to include notable figures such as Mark Cuban, Brad Garlinghouse, and Anthony Scaramucci.

The House of Representatives is set to vote on President Joe Biden’s veto of Statement of Accounting Bulletin 121 (SAB 121), a decision that has sparked significant controversy.

The European Banking Authority (EBA) is extending its Travel Rules guidelines to include crypto service providers and their intermediaries, effective December 30 under Regulation (EU) 2023/1113.

The US Securities and Exchange Commission (SEC) has intensified its scrutiny of the cryptocurrency sector, now targeting venture capital firms within the industry.

The Danish Financial Supervisory Authority (DFSA) is taking steps to eliminate unhosted Bitcoin (BTC) wallets as part of its updated guidelines on decentralized funding (DeFi).

Bipartisan support for cryptocurrencies is on the rise in the US government, significantly influencing future regulation and policy.

Wang Yang, Vice President of the Hong Kong University of Science and Technology, comments on the implications of China’s cryptocurrency policies.

Cryptocurrency exchange Bitstamp is preparing for the full implementation of the European regulation on cryptocurrency markets (MiCA) by removing Tether’s stablecoin, Euro Tether (EURt), which is pegged to the euro, from its platform.

The US state of Louisiana has reportedly passed a bill in support of Bitcoin that aims to protect access to the asset and limit central bank digital currencies (CBDC).