A late addition to the infrastructure bill moving through Congress would impose impossible reporting requirements on miners and wallets.
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
In exchange for regulatory approval, crypto firms can opt to abide by capital, tax, and consumer protection requirements.
“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister.
A former Thai official is calling for brining proper regulation on all cryptocurrencies and initial coin offerings in the country.
Japan's financial regulator is reportedly mulling the creation of a regulatory framework for firms raising funds through initial coin offerings.
The India government doubled down its skepticism over cryptocurrencies, calling them like "Ponzi Schemes."
Benjamin Lawsky, the former regulator behind New York's BitLicense, warned that recent ICO excesses could bring a hammer down on the entire industry.
J. Christopher Giancarlo, CFTC chair, has called on government agencies to embrace blockchain, saying it's in the national interest to do so.
The Chamber of Digital Commerce will present data to the US Treasury on banking problems faced by digital currency startups at a meeting next week.
Mercator Advisory Group has published a research note on global bitcoin regulation, its first on the subject.
Two research fellows from George Mason University have suggested changes be made to the current BitLicense proposal.
Argentinian bitcoin exchange Unisend stopped customer deposits and bank transfers Monday when banks closed its company accounts.
The European Banking Authority has warned that financial institutions should not buy, hold or sell digital currencies – yet.
The European Central Bank (ECB) has reiterated its position on digital currencies, saying they should not be overlooked.