In a fresh development, Japanese regulators are now stepping up efforts to regulate digital currencies, especially stablecoins. In exclusive coverage, Reuters reports that the Japanese government is closely watching the sharp growth of the crypto market and remains worried about its impact on the country's financial system. Tokyo wants to engage with global financial regulators The post After U.S, Now Japan Calls for...
Bank of England’s Deputy Governor Jon Cunliffe commented on crypto’s market status, saying it is not a financial stability risk as it does not pose relevant competition to the traditional markets, yet. He agreed with and appreciated crypto’s exponential growth however he clarified that it cannot beat the regulated market and he does not see The post BoE Deputy Governor says crypto is...
TikTok has joined the defensive forces against crypto due to the concern of rising financial scams. It has announced an updated branded content policy to halt the advertisement of financial services and products worldwide. The short video application has banned all financial promotions by influencers on the platform, be it cryptocurrencies, share trading, pyramid schemes, The post TikTok Bans Crypto Influencers Amid Rising...
The government is in discussion with regulators and other stakeholders too.
The US Securities and Exchange Commission (SEC) seems to have no plans of regulating Bitcoin and the crypto market this year. The 2021 Regulatory Agenda released by the top regulatory body has left out any mention of Bitcoin or crypto assets. A change in administration along with the growing adoption of Bitcoin this year gave The post SEC Leaves Bitcoin out of 2021...
Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC's Squawk Box, where he talked about Fed's recent meeting,...
In a major crackdown on the new-age cryptocurrencies, the Thai Securities and Exchange Commission (SEC) has banned all local exchanges from trading exchange-issued tokens, meme coins, fan-based tokens, and other non-fungible tokens (NFTs)....
All crypto exchanges in the country need to apply for a license with the FSC before September 24.
If confirmed, the securities market regulator will oversee Bitcoin, not the central bank.
The Indian crypto regulations are yet to be finalized, but sources familiar with the matter suggested that the top regulatory body in the country may classify it as an asset class,...
In a major development, British Westminster Bank NatWest has come to the rescue of crypto investors. In order to protect investors from dubious crypto schemes and crypto scams, NatWest has launched an 'urgent' crypto scam alert...
Gary Gensler, the new US Securities, and Exchange Commission (SEC) chief in a Wednesday...
Bybit, a popular crypto derivatives exchange that originated from China has announced it would be terminating all accounts registered with a Chinese phone number by June 15. The platform has already banned Chinese IP address last year and the...
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