New tech that reduces costs of international payments would “be a boon for poor countries that rely on remittances” — but will BTC as legal tender fix that?
Crypto regulation is an umbrella term for the network of laws, statutes and legal practices surrounding the crypto and blockchain industries. Since Bitcoin's 2008 white paper, the legal status of these industries has been the subject of a huge amount of conversation. Lawmakers and regulators have had to cope with an entirely new set of concerns. Some governments have reacted hostilely, seeing crypto as a threat to monetary control. Others have embraced the industry for its capacity to link distant economies and facilitate trustless transactions across the globe. But most of the world is still figuring out exactly how to legislate, regulate and prosecute the set of laws surrounding such a young industry.
Crypto awareness in the U.K. has risen, but understanding has fallen, the FCA said following a new survey.2714
Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities.1388
Exchange tokens are falling under the scrutiny of South Korean regulators.2349
The World Bank has refused to support El Salvador’s request for help in the transition to use Bitcoin as legal tender.12470
Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments this bull season.3830
The filing came before the commission's June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April.4971
Joe Biden said that the U.S. and Russia might have the beginnings of a "cybersecurity arrangement that begins to bring some order" within the next year.2552
Bitcoin miners may opt for ESG ratings to prove “greenness” as environmental concerns loom over the entire crypto industry.3487
Authorities in India are reportedly weighing up options concerning crypto regulations in the country.12580
Amid increasing scrutiny and demand from regulators, South Korean crypto exchanges are sifting through their supported assets and delisting or placing high-risk coins on an investor warning list.6284
It’s too soon to talk about Bitcoin-based wages in El Salvador, Minister Rolando Castro stated.6556
U.S. President Joe Biden is expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday.5580
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars.5313
A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets.6804