Regulation

CoinFlash

India’s Central Bank Chief Airs ‘Major Concerns’ About Crypto Risks

Reserve Bank of India Governor Shaktikanta Das said he expects the government to "take a call" on cryptocurrencies.

Policy & regulation  ·  24 February 2021
Regulation

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU

The ECB believes it should have the final say ahead of any proposed stablecoin launches.

Policy & regulation  ·  23 February 2021
Regulation

‘India’s Warren Buffett,’ Rakesh Jhunjhunwala, Backs Bitcoin Ban

Jhunjhunwala told CNBC he "will never buy bitcoin" and that Indian regulators should step in and ban cryptocurrencies.

People  ·  23 February 2021
Regulation

Blockchain Bites: Bitcoin Volatility Hasn’t Shaken Out Institutions

Bitcoin set a new high above $50,000 after erratic trading earlier this week, though options markets are not anticipating a drawdown anytime soon.

News  ·  16 February 2021
Regulation

Australia’s Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body

Blockchain Australia CEO Steve Vallas believes the country is "well placed" when it comes to blockchain, but financial regulators need to take a more active role.

Policy & regulation  ·  15 February 2021
Regulation

Thailand’s Securities Regulator Eyes Qualifications for New Crypto Investors

The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves.

News  ·  15 February 2021
CoinFlash

Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing

The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies.

Policy & regulation  ·  15 February 2021
CoinFlash

Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground

Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.

Policy & regulation  ·  15 February 2021
CoinFlash

Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban

The Nigerian cryptocurrency community has been turning to peer-to-peer exchange platforms to continue trading.

News  ·  12 February 2021
Regulation

Nigeria’s Senate Summons Central Bank Chief to Explain Crypto Ban

The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.

News  ·  11 February 2021
CoinFlash

India May Side-Step Parliament to Push Through Crypto Bill: Report

The bill would potentially kick off the development of a digital rupee while banning “private cryptocurrencies.”

Policy & regulation  ·  8 February 2021
Regulation

Binance Suspends Deposits in Nigeria Following Central Bank Directive

Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday.

News  ·  5 February 2021
Exchanges

Indian Exchanges Launch Campaign Seeking to Avert Potential Crypto Ban

The exchanges have set up websites helping supporters email members of parliament.

News  ·  5 February 2021
Regulation

PayPal Says Venmo Under Investigation in US by Consumer Regulator

The U.S. Consumer Financial Protection Bureau is probing the social payments app, according to Reuters.

Policy & regulation  ·  5 February 2021
Regulation

Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report

Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

Policy & regulation  ·  3 February 2021