News
The EU is reportedly drafting a proposal to transfer crypto and financial sector oversight to the ESMA, as part of a wider push to improve capital markets for startups.
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Government News
Led by people in various positions of power, governments create and enforce different laws and guidelines. Governments worldwide vary significantly in approach, procedures, laws, etc. With the advent of the internet and social media, government news is now readily accessible to the public online.
Government cryptocurrency overwatch has increased in the years since Bitcoin’s launch in 2009. The European Union has taken a ground-breaking step by enacting regulations requiring crypto service providers to spot and suppress illegal cryptocurrency activity. Similarly, the Canadian government has established itself as a proactive regulator by authorizing the nation’s first Bitcoin exchange-traded fund (ETF).
In contrast to Singapore’s policy of not taxing long-term capital gains, Japan has taken a progressive stance by recognizing cryptocurrencies as legal property under the Payment Services Act. However, China is a leader in developing its government-backed digital currency, the digital yuan (e-CNY), with numerous pilot projects underway. China has outlawed cryptocurrency exchanges, citing unlawful public financing.
Additionally, government news also throws some light on major economies like the EU, the United Kingdom and the United States that are actively developing and exploring their own central bank digital currency (CBDC) initiatives, while nations like the Bahamas and Nigeria have already implemented CBDCs.
- News
Despite an $8 billion rise in realized cap, Bitcoin’s recovery lacks the continued inflows from ETFs and Michael Saylor’s Strategy as the main demand drivers, according to CryptoQuant.
3934 - Newsletter
Michael Saylor still foresees a $150,000 Bitcoin price by the end of the year, despite temporary concerns with import tariff escalations.
3850 - News
With the end of October approaching, Senate Republicans are in danger of going back on their previously announced deadline for a significant cryptocurrency bill.
2950 - Video
In the latest Cointelegraph interview, James Lavish explains why the “debasement trade” is going mainstream, and what that could mean for Bitcoin.
1873 - News
Europe’s MiCA framework is seen by Germany’s main opposition party as a barrier to Bitcoin adoption, sparking calls for regulatory reform.
4281 - News
Seven Senate Democrats asked the US attorney general and the DOJ to explain President Trump’s pardon of Binance co-founder Changpeng Zhao, calling it a corrupt move.
2200 - News
White House crypto and AI czar David Sacks announced Selig as US President Donald Trump's pick after Brian Quintenz's nomination to lead the regulator was withdrawn.
6611 - News
A growing demand for stablecoin payments and tokenized real-world assets is creating more institutional interest in blockchain-based services, according to IBM.
3747 - News
Growing optimism surrounding a potential trade deal is the main catalyst for a recovery in investor sentiment ahead of Thursday’s tariff meeting, industry watchers told Cointelegraph.
2916 - News
Argentina’s La Libertad Avanza party, led by President Javier Milei, has won the midterms, positioning Milei as the frontrunner for the 2027 elections.
4531 - News
Following the pardon, CZ said he would do “everything we can to help make America the Capital of Crypto and advance Web3 worldwide.”
5666 - News
Russian oil companies have increasingly relied on digital assets and crypto platforms to circumvent financial sanctions, according to the European Commission.
3450 - News
Hayes previously predicted that Bitcoin’s price would soar to $250,000 when the Bank of Japan pivoted to quantitative easing measures.
5291 - News
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, which insiders described as “Operation Chokepoint 2.0.”
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