The US central bank reveals new details that largely prohibit individual activity in the stock markets.
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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.
It is highly likely that at least part of the new regulation will come into effect in the second half of 2022 or from 2023.
This new method allows crypto traders in Thailand to offset their annual losses against the profits they made in the same year.
India is also planning to launch a Central Bank Digital Currency (CBDC) by 2023, the Finance Minister confirmed.
Bahrain is the first country in MENA region to grant an in-principle approval to a Binance entity.
Executives of the six leading crypto firms testified before congress today as the house weighs…
The federal regulator published a letter Tuesday confirming that national banks and federal savings associations must demonstrate that they have adequate controls in place before they can engage in certain cryptocurrency, distributed ledger, and stablecoin activities.
The SEC alleged that American CryptoFed DAO filed a “materially deficient and misleading registration form.”
“It is possible to replace the American dollar with other currencies, both national and regional, and in the future, probably, with some kind of digital assets,” states Alexander Pankin, Deputy Minister of Foreign Affairs of the Russian Federation.
“This is an exciting moment for Europe as regulatory approval comes ahead of those waiting for a decision from the U.S. Securities and Exchange Commission,” states CEO Jamie Khurshid.