US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.
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Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments.
Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets.
Blockchain is just a database without crypto, legal expert says
Separating blockchain from crypto leaves all the exciting opportunities out, legal expert Elçin Karatay told Cointelegraph.
Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests
A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The authors are also hoping to…
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market…
U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster
Representative Ted Budd stated that the provision would let the Treasury unilaterally prohibit certain financial transactions without public input.
Staying cool: Is crypto snowballing to 1 billion users this year?
Demographics rule: “Younger people are more likely to embrace crypto than older generations.” Meanwhile, the Great Transfer of Wealth is coming.
Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it
The harsh language of the CBR’s report sent waves of panic, but now it seems that the regulator might have few allies in the government.
Crypto policy advocacy group warns of ‘disastrous’ provision in a new US bill
According to Coin Center director, the proposed bill would essentially bypass existing checks and balances on the Treasury Secretary’s authority in surveilling financial institutions, including crypto firms.
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