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Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on…
Illegal Crypto Miners Threatened With Jail Time in Russia
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on…
IMF Chief Economist Says Not To Ban Crypto
Gita Gopinath – Chief Economist for the International Monetary Fund – recently said that developing economies should refrain from banning crypto. Instead, she called global regulation of the industry “the…
India Might Not Regulate Cryptocurrencies in The Winter Season as Planned (Report)
The second-most populated country is reportedly considering postponing the implementation of cryptocurrency regulations. Before putting bitcoin and the alternative coins under its scope, the Indian authorities will first seek comments…
Senators Slam Stablecoins in Latest Push For Tighter Regulations
Massachusetts Senator Elizabeth Warren is leading the charge against crypto once again. In a video posted on Dec. 15, she said that stablecoins pose risks to consumers and the economy…
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital…
Thailand to Unveil Detailed Regulation for Cryptocurrencies Next Year
The Bank of Thailand (BoT) plans to suggest comprehensive legislation on the digital asset industry in January next year. The rules will aim to reduce the risks to the financial…
Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals
Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of…
Crypto Regulations Should Be Comprehensive, Consistent, and Coordinated, Says IMF
The International Monetary Fund (IMF) has recently published some recommendations on how to effectively regulate the cryptocurrency sector around the world. In a recent blog post, the IMF acknowledged that…
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