Auto Added by WPeMatico

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY…

Continue ReadingBNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government…

Continue ReadingPakistan Government Not Against Crypto Investments, High Court Calls for Regulations

Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions

“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our…

Continue ReadingTreasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions

SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF

In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks…

Continue ReadingSEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF