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Tag: Regulation

Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation

March 26, 2021 wp-bot Bitcoin News

Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face

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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach

March 26, 2021 wp-bot Bitcoin News

RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies.

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Microsoft President Says the World Is Best Served When Currencies Are Issued and Backed by Governments

March 25, 2021 wp-bot Bitcoin News

Microsoft President Brad Smith says that “The world is best served when currencies are issued, backed by and regulated by governments.” He further emphasized that

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New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs

March 24, 2021 wp-bot Bitcoin News

On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies

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South Korea faces strict crypto regulation and fears of centralization

March 24, 2021 wp-bot Cointelegraph

The growing cost of compliance in South Korea could push smaller crypto businesses out of the country.

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Federal judge’s decision could be a blow for the privacy rights of crypto users

March 23, 2021 wp-bot Coinbase, Cointelegraph

The Internal Revenue Service will likely not be penalized for obtaining records on a crypto user from Coinbase or Abra.

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Blockchain
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