By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Regulation concerns arise as the Biden administration prepares to release an executive order in February to regulate Bitcoin as a matter of “national security”.The reason behind the exectutive order is Bitcoin’s impact to the U.S. dollar as global reserve currency, but also the difficulty in tracking … [Read more...] about Concerns Arise as Biden Prepares to Regulate Bitcoin
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India to Ban Crypto As Payment Method, But Regulate As Asset: Report
“The trickiest part is defining the asset class,” she said, adding that current discussions to regulate crypto as a commodity are not a good fit. But other RBI concerns are more challenging to solve, such as financial stability, capital controls, and exchange rate risk, Ratna noted. Source link … [Read more...] about India to Ban Crypto As Payment Method, But Regulate As Asset: Report
India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget: Report
The Indian government is likely to regulate cryptocurrencies in its upcoming budget in February, moving away from its earlier approach of seeking to impose an outright ban, according to a Business Today report. A law covering cryptocurrencies will most likely be discussed in the country’s next general budget, the report said, citing Indian Finance Ministry officials.The … [Read more...] about India Likely to Regulate Crypto, Not Ban It, in Upcoming Budget: Report
Survey finds Europeans want home countries to regulate crypto, not EU
A large-scale poll across 12 European Union member states reveals that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal and Spain. … [Read more...] about Survey finds Europeans want home countries to regulate crypto, not EU
French government pushes for one agency to regulate crypto across the EU
The government of France has proposed that the European Securities and Market Authority, or ESMA, should regulate digital currency activity across the European Union.If enacted, this would establish a single authority over the crypto sector across the trading bloc and would create uniform regulations across the union through ESMA, as suggested by the French securities regulator … [Read more...] about French government pushes for one agency to regulate crypto across the EU