US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling
Rep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the “Torres Doctrine."
Auto Added by WPeMatico
Rep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the “Torres Doctrine."
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities.
Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said.
The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.”
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings.
The Government Accountability Office highlighted blockchain’s ability to streamline and improve annual reporting, facilitate safe loans and monitor business development progress.
“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,” said Treasury.
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.
The Ministry of Foreign Affairs of the Republic of Belarus cited a high crypto crime rate for banning all citizens from exchanging Bitcoin with each other.