“Achieving MiCA compliance is a pivotal moment in advancing digital currency into broader acceptance and mainstream finance,” states Circle Co-Founder and CEO, Jeremy Allaire.
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.
Key Takeaways Binance, the world’s largest cryptocurrency exchange, has been slapped with a substantial fine…
BWA seeks to enhance collaboration among government entities, key industry stakeholders, and the burgeoning blockchain and crypto sectors, with the aim of advancing their growth and integration within the broader Indian economy.
This action arrives as leaders from the G7 nations are going to meet in Puglia, Italy, starting tomorrow.
This announcement comes just a day after the U.S. House of Representatives passed the Financial Innovation and Technology for the 21st Century Act.
Despite bipartisan support, SEC Chair Gary Gensler warned that the bill might undermine existing securities laws and endanger both investors and the broader capital markets.
WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) are likely to commence trading by May 28, offering exclusive access to professional investors.
This marks a significant shift from previous rigid stances, contrasting with the RBI’s ongoing concerns over macroeconomic risks and fiscal stability.
The city’s strategic pivot not only enhances its profile as an international financial hub but also sets a precedent for regulatory frameworks and market adaptations in the face of the expanding influence of Bitcoin and other digital assets.
An IMF team is currently in Islamabad to discuss the release of the final $1.1B tranche. Meanwhile, the finance ministry’s premature verdict has sparked discontent, awaiting the IMF’s full review.