An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto world thanks to legal clarity.Here, we’ll look back at the most important developments in the German blockchain … [Read more...] about New regulations, the digital euro and NFTs on the rise
Regulations
Government Report Suggests Tightening Regulations on Crypto ATMs
The GAO’s findings that crypto-enabled crime is rising are at odds with a new report from crypto research firm Chainalysis, which found that although crypto crime is increasing by volume, it reached an all-time low as a percentage of all blockchain transactions in 2021. In other words, as cryptocurrencies has become more mainstream, crypto crime will continue to rise, but the … [Read more...] about Government Report Suggests Tightening Regulations on Crypto ATMs
The Infuriating Patchwork of Crypto Regulations Is Good for Crypto
Third, a single centralized regulator is akin to being “judge, jury and executioner.” As a former regulator, I know how easy it can be to get things wrong, especially when it comes to new and emerging business models and technology. Putting all of the regulatory authority and power in one place is risky for everyone, consumers and industry alike. While there may be certain … [Read more...] about The Infuriating Patchwork of Crypto Regulations Is Good for Crypto
Former U.S. official criticizes SEC crypto regulations
In their bid to better understand the crypto industry and its operations, US lawmakers invited the chief executive officers (CEO) of some leading crypto exchanges to a major hearing tagged “Digital Assets and the Future of Finance: Understanding Innovation in the United State.”Brian Brooks criticizes SECOne of the invited executives was the pro-crypto former head of the United … [Read more...] about Former U.S. official criticizes SEC crypto regulations
Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
Stablecoins, or crypto assets which peg their value to less volatile fiat money, are useful tools for a variety of reasons. They can be used to cash out crypto investments, send or receive stable money abroad, and to pay for everyday consumer transactions without fear of fluctuation. A recent estimate from the Bank for International Settlements, or BIS, put the total stablecoin … [Read more...] about Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh