Browsing: Policy & Regulation

Blockchain And Crypto Policy And Regulation

The growing popularity of digital assets, commonly referred as cryptocurrency, has forced regulators across the globe to rethink their approach towards it. They are now looking to strike the right balance between investor protection and fostering technological innovation. However, the vast application and fundamental difference between crypto assets and traditional financial system makes it difficult for policymaker to bring in new laws. This is going to be daunting task for them.

Stay tuned for all the policy related developments.

The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have jointly released a synthesis paper laying down the foundation for this comprehensive framework. Subsequently, discussions on this vital initiative will be a prominent agenda item during the upcoming leaders’ summit.

The SEC lawsuit accuses Binance and CZ of various violations, including secretly allowing high-value U.S. customers to trade on the platform despite claiming otherwise, and exercising control over customer assets, including diverting them to an entity owned by Zhao.