National Bank of Georgia to Regulate Country’s Crypto Sector
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry…
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Former US Senator and House member joins Crypto Council for Innovation
Sheila Warren said the addition of Cory Gardner was based on his experience "to build a stronger economy and support innovation" as well as his commitment to Web3 and crypto.
Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry
BTC price is in a freefall, and data suggests bears will keep the pressure on until Friday’s options expiry.
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen.
Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the…
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly…
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing…
Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’
The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask…
Toomey drafts bill to exempt stablecoins from securities regulations
The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations.
President Biden is preparing to announce picks for SEC commissioners: Report
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June.
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