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    Home » Regulations

    Regulations News and Updates

    Cryptocurrency regulations have been a hot topic of debate among the community ever since digital assets came into existence.

    The debate circles whether legislation on cryptocurrencies will carry positive or negative outcomes for the crypto ecosystem.

    Some believe that cryptocurrencies such as Bitcoin should operate on their own, without any regulatory oversight. This comes from one of their predominant and perhaps most essential features – decentralization, or the lack of central authorities. This would put the power entirely in the hands of network participants.

    However, and on the other hand, there are a lot who believe that proper and well-defined regulations are a critical step towards mass adoption.

    In reality, the tendency seems to be favoring the latter group. The well-known and reputable cryptocurrency companies and exchanges are doing their best to abide by the law in order to deliver further security and to avoid regulatory scrutiny.

    This is especially the case in the fields of Know-Your-Customer (KYC) and Anti Money-Laundering (AML) regulations. These are welcomed with mixed feelings by the crypto community because they strip away one of the landmark feats of most cryptocurrencies – privacy.

    Recent Regulations News

    Fannie Redux? Home Loan Banks Are Bailing Out Crypto Banks

    Fannie Redux? Home Loan Banks Are Bailing Out Crypto Banks

    Jan 28, 2023 17:10 Wesley Messamore

    An interesting dynamic is taking shape, despite the fact that the crypto market has largely priced in last year's bankruptcies.

    Biden Administration Publishes Roadmap to Combat Crypto Fraud and Protect Investors

    Biden Administration Publishes Roadmap to Combat Crypto Fraud and Protect Investors

    Jan 28, 2023 01:31 Felix Mollen

    The Biden Administration announced a new roadmap to regulate cryptocurrencies and provide clarity to the industry.

    New York Senate Bill Proposes Legalizing Crypto for Payment in State Agencies

    New York Senate Bill Proposes Legalizing Crypto for Payment in State Agencies

    Jan 27, 2023 23:30 Andrew Throuvalas

    A recently proposed bill would give state agencies the option to accept Bitcoin, Ethereum, Litecoin, or Bitcoin Cash as payment

    Companies Should Separate Clients’ Crypto Assets From Their Own: NYDFS

    Companies Should Separate Clients’ Crypto Assets From Their Own: NYDFS

    Jan 25, 2023 00:47 Dimitar Dzhondzhorov

    The regulator claimed the guidance is intended to offer "greater clarity regarding standards and practices."

    The Central African Republic Appoints a Committee to Design Crypto Legislation

    The Central African Republic Appoints a Committee to Design Crypto Legislation

    Jan 24, 2023 00:57 Dimitar Dzhondzhorov

    Several departments of the Central African Republic, including some of the Ministries, have to form a cryptocurrency bill.

    South Africa Regulator Takes Action Against False Crypto Advertising Claims

    South Africa Regulator Takes Action Against False Crypto Advertising Claims

    Jan 24, 2023 00:20 Felix Mollen

    South Africa's Advertising Regulatory Board (ARB) has introduced new rules to protect crypto investors from misleading advertising.

    IMF Recommends 5-Point Crypto Regulation Scheme

    IMF Recommends 5-Point Crypto Regulation Scheme

    Jan 23, 2023 20:02 Wesley Messamore

    The International Monetary Fund issued a five-point cryptocurrency recommendation scheme.

    Indian Minister Says Crypto Transactions Are Fine as Long as They Follow Laws 

    Indian Minister Says Crypto Transactions Are Fine as Long as They Follow Laws 

    Jan 22, 2023 14:11 Arun Srivastav

    The Remarks coming barely two weeks before the annual budget hints that the government may go soft on crypto regulations. 

    Ripple CEO Confident Over SEC Case Resolution in Less Than 6 Months

    Ripple CEO Confident Over SEC Case Resolution in Less Than 6 Months

    Jan 19, 2023 07:54 Martin Young

    Brad Garlinghouse is hopeful that the lawsuit will be completed this year.

    EU Delays MiCA Crypto Regulations Due to Translation Issues

    EU Delays MiCA Crypto Regulations Due to Translation Issues

    Jan 18, 2023 08:16 Martin Young

    The voting for European Union’s regulatory MiCA framework for the crypto industry has been put on hold.

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