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NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister

In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all…

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Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework

The Bank of England has revealed that it is working on sketching a regulatory framework for crypto assets, according to statements stemming from the central bank’s Financial Policy Committee on…

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Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations

The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper…

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Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs

The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has…

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South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges

Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto.…

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US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’

Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel,…

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Russian Government Approves Plan to Regulate Cryptocurrency

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under…

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Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets

Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested…

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Luno CEO: ‘Industry Accelerated a Lot Faster This Year Than We Anticipated’

The pace of the crypto industry’s acceleration in 2021 has surprised many, including Marcus Swanepoel, CEO of cryptocurrency exchange Luno. Swanepoel recently remarked: “We knew it was coming, but just…

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Australia to Regulate Crypto Sector as Part of Payments Reform

The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty…

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