Tag: regulator
Russia-Ukraine Conflict: Japan Preparing To Fill Potential Crypto Loopholes In Russia Sanctions
The Russian invasion of Ukraine has brought many problems for the whole world. The US, UK, EU, and other countries have applied measures to curb the Russian economy. After damaging the traditional markets, the Union of different countries is now aiming with sanctions at the Cryptocurrency and NFT markets in Russia. In this bid, Japan’s
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CONSOB Adds Five New Websites to Blacklist
Japanese Regulators Holds Discussion to Fix Crypto Loopholes in Russia Sanctions
New Ledger High-Profiles: Welcome to our VP Trust Services and Global Head of Public Policy
UK Regulator FCA Places 50 Crypto Firms Under Investigation
The United Kingdom’s apex market regulator, the Financial Conduct Authority (FCA) is taking a proactive approach to curbing scams and is investigating 50 exchanges (Read More)
Investment Titan Charles Schwab Files for ‘Crypto Economy’ ETF
Multinational financial services giant Charles Schwab has just submitted filings for a new crypto-related exchange-traded fund (ETF). The ETF, called the “crypto economy ETF,” aims to follow a collection of crypto firms that exist within The Schwab Crypto Economy Index, but the specific firms haven’t been revealed yet. If approved by the SEC, the new […]
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SEC: Are NFTs Securities?
March 3, 2022 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ ConsenSys is facing a multi-million audit as a group of 35[...]
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SEC Going After NFTs? Reports Say Regulator Concerned About Illegal Token Offerings
The U.S. Securities and Exchange Commission is reportedly looking into the legality of certain elements of the non-fungible token (NFT) space, and considering whether some NFT activity may violate securities laws. According to a report from Bloomberg, the SEC is launching a probe into whether certain NFTs are being used to raise money in the […]
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Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official
EU Removes Proof-of-Work Ban on Crypto Regulation
The proposed legislation aiming to regulate the European crypto space to prevent cryptocurrencies that rely on proof-of-work (PoW) mining has been scrapped by the European Union lawmakers. The move comes after the decision sparked objection from the crypto community. Rumors of banning cryptocurrencies with PoW mining, such as Bitcoin are missing in the latest framework published by the EU’s Market in Crypto Assets (MiCA). The proposed bill sought to enforce oversight of the crypto industry, including the introduction of a licensing scheme for service providers and regulations for stablecoins. The EU Parliament was expected to approve the proposed legislation on February 28 and had also decided to ban the network from January 2025, however, the vote had to be postponed to address concerns raised by the representatives of crypto space. Stefan Burger has confirmed that the bill has been completely removed, although, the vote has been rescheduled. Additionally, climatic concerns have been weighing on Europe. In 2021, Sweden’s financial regulator had proposed a recommendation to ban Bitcoin mining and other PoW coins, arguing about the energy expenditure.
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