Auto Added by WPeMatico

Indian Crypto Regulation Is Planned for February: Report

The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin,…

Continue ReadingIndian Crypto Regulation Is Planned for February: Report

Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets

A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal…

Continue ReadingFederal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets

Biden’s pick for CFTC chair wants the agency to be a ‘beat cop’ with the authority to oversee 60% of digital asset market

Rostin Behnam said it was "critically important to have a primary cop on on the beat" of an emerging market that included cryptocurrencies and stablecoins.

Continue ReadingBiden’s pick for CFTC chair wants the agency to be a ‘beat cop’ with the authority to oversee 60% of digital asset market

Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened

A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account…

Continue ReadingNigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened

Alleged South African Bitcoin Fraudster Makes First Court Appearance Since Arrest

Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate. Shezi out on Bail The bitcoin trader’s court appearance…

Continue ReadingAlleged South African Bitcoin Fraudster Makes First Court Appearance Since Arrest

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

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President…

Continue ReadingRussian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says

Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the…

Continue ReadingBank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says