Goldman Sachs-backed crypto custodian BitGo has acquired a New York Trust license to operate as an independent custodian in the state.
The idea of a digital currency with no central authority is in contradiction with any of the government’s policies. It is predictable that a lot of countries would come up with some regulations and rules to control the cryptocurrencies’ flows and exchanges.
Government cryptocurrency policies are very different in each country, even varying by region. For example, “Asian Tigers” have no regulations on crypto exchanges and only slight regulations on ICOs (South Korea is the only “Tiger” where ICOs are banned), but in China both ICOs and exchanges are illegal. In Europe, most of the countries don’t have any regulations on both ICOs and exchanges, so we can say they are in so-called grey area, even though every European authority has warned their citizens about the risks of using crypto. Government crypto news indicates that even democratic government cryptocurrency laws will change in more regulated way.
Vietnam’s Ministry of Finance reminded the public that cryptocurrencies have no legal framework in the country.8741
Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe.11034
Regulators are taking a hard look at crypto in Turkey, but local experts welcome the oversight.15885
Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage.8960
New York Attorney General Letitia James has issued an investor alert against the "wild price swings and extreme risk" of crypto trading.4459
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals.8088
Over the last decade, crypto has weathered what feels like crisis after crisis. It’s time to think about what comes next.17563
In order for DeFi to have access to institutional actors, it will need to adapt. But by adapting, it might lose some of its core tenets.10003
Investing in digital assets can offer a plethora of opportunities, but when the taxman comes, investors best be prepared.16602
Yemi Osinbajo sees potential for crypto and blockchain.42455
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground.9553
The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining.7479
Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued.11871
As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades.9486