It sends a clear message to offshore crypto exchanges that compliance with Indian law is not optional, and regulatory oversight in the cryptocurrency sector is here to stay.
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.
“Web3 represents the future of internet and the Government is committed to ensuring that innovations and innovation from India create the future of Web3 and internet,” states MoS Rajeev Chandrasekhar.
If the SEC moves towards approving a spot Bitcoin ETF, it could catalyze a wave of institutional investment and possibly trigger a substantial increase in Bitcoin’s price.
Explore the high-stakes decision the SEC faces on Bitcoin Spot ETFs, with potential implications for crypto markets and institutional investments. Will the SEC’s past opposition lead to further delays, or is approval finally on the horizon?
The Alliance seeks to chart the course for the Lone Star State towards a future defined by responsible and visionary crypto regulation.
G20 Leaders embrace a comprehensive regulatory framework for cryptocurrencies and engage in discussions surrounding CBDCs.
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.
SEC Chairman Gary Gensler seeks tens of millions in additional funding for the agency’s multi-billion budget, aiming to expand and protect investors from noncompliance risks in the thriving crypto industry.
It will provide a secure and regulated platform for individuals and businesses to trade cryptocurrencies, boosting investor confidence and attracting more participants to the market.
By striking the right balance between consumer protection and market innovation, Singapore aims to position itself as a global leader in the crypto industry, attracting responsible players while ensuring investor confidence and trust.