The Senate Committee on Finance backed Yellen's nomination in a show of bipartisan support.
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.
Harvard professor Kenneth Rogoff says that he doesn't see Bitcoin succeeding, barring extenuating circumstances.10232
Retail users may have to wait in much of the world, however.5523
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.10912
VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies.7717
As Thailand’s leading crypto exchange remains suspended, billionaire backed rival Upbit enters the scene.4316
The Assistant Commissioner of the City of London Police said the partnership with Komainu would help in “denying criminality the proceeds of crime."4530
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”9028
Investigators reportedly identified the individuals by tracing the crypto exchange accounts used to launder the funds.8469
Tarbert's brief term was nonetheless notable for clarity on cryptocurrency in U.S. regulation.6216
The past two years were much harder on the dollar, however.4178
Emerging analytics technology is the name of the game for the next stage in crypto regulation.7450
Banks in many countries continue to either outrightly deny or limit their services to crypto exchanges.14619
Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin.12290
BitMEX’s parent company has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets.13297