News
Peru’s largest bank, BCP, launched a pilot crypto platform authorized by the national regulator that allows select clients to buy and hold Bitcoin and USDC.
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Bitcoin Regulations News
Bitcoin (BTC) was invented to challenge the hegemonic order of global finance, so naturally it has had a tense relationship with regulators since its early days. The technical and social roots of cryptocurrency largely stem from communities with a deep distrust of the state. From its design to its driving narratives, Bitcoin is a dissident technology.
However, due largely to founder anonymity, decentralized development and distributed architecture, Bitcoin has persisted despite early attempts by regulators to suppress the technology.
Nowadays, the legality of Bitcoin is not as ambiguous, and ongoing regulatory efforts are trying to situate it within finance rather than keep it out — from consumer protection and tax regulation to launching institutional investment vehicles such as exchange-traded funds (ETFs).
The challenge and concern around Bitcoin regulation is how patchwork legislation across jurisdictions may hinder the growth and maturation of the crypto economy that is intended to be a borderless, open financial system.
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Takaichi’s election may have a “material impact” on the governance and regulatory perception of crypto assets in Japan, experts told Cointelegraph.
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The AFL-CIO says the Senate’s crypto framework bill “provides the facade of regulation” that would expose workers’ retirement funds to risky assets.
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Grayscale staked $150 million in Ether after launching the first US crypto ETPs offering staking rewards, ahead of key SEC altcoin ETP deadlines this month.
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Amid growing demand for safe-haven assets due to a US government shutdown, stimulus checks may bring an “additional liquidity catalyst,” market analysts told Cointelegraph.
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Crypto-friendly US Senator Cynthia Lummis said fundraising for a Strategic Bitcoin Reserve is mainly being held back by legislative “slog.”
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Grayscale became the first US crypto fund issuer to feature staking for its Ethereum and Solana exchange-traded products.
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Japan’s new prime minister may drive a renewed wave of risk appetite among Japanese crypto investors, industry watchers told Cointelegraph.
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Bitcoin ETFs are the market’s “clearest sentiment barometer,” indicating an incoming breakout for “Uptober,” analysts told Cointelegraph.
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Vietnam is one of the leading countries for crypto adoption in the Asia-Pacific (APAC) region and ranks number four globally, according to Chainalysis.
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Wall Street capital is flowing into late-stage, IPO-ready crypto firms, signaling new dynamics at play for the incoming altcoin season.
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The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used.
3567 - Market Analysis
Traders and data suggest that Bitcoin may benefit from the US government shutdown, but how long will the gains last?
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The regulator stated that farmland must be used only for agricultural purposes to qualify for government services, subsidies, and utilities.
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With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users.
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