Regulation


Markets

Economic Uncertainty Drives Crypto Growth in Sri Lanka

Paxful's crypto trading volume in 2021 has more than tripled compared to all of 2020.

Colombo, Sri Lanka- December 05, 2018; View of the Colombo city skyline with modern architecture buildings including the lotus towers.

Markets

Reserve Bank of India Discourages Lenders From Dealing With Crypto Exchanges: Report

India’s central bank has been unofficially asking banks why they are dealing with crypto businesses.

Reserve Bank of India

Markets

South Korea’s Central Bank Seeks Authority to Monitor Crypto Transactions: Report

The Bank of Korea hopes to start as early as September, an official said.

Bank of Korea building, Seoul

Markets

SEC Staff Calls Bitcoin ‘Highly Speculative,’ Hints at ETF Skepticism

SEC staff intend to determine whether the "bitcoin futures market could accommodate ETFs," the note said.

SEC, Securities and Exchange Commission

Markets

Turkish Crypto Exchanges Must Report Transactions Over $1,200, Finance Minister Says

The country is rushing to regulate the crypto market after two local crypto exchanges went offline in April.

Turkey Flag 3D Rendering on Blue Sky Building Background

Policy

Iran's Central Bank Reportedly Bans Trading of Crypto Mined Abroad

The move is said to be an attempt to stop capital flight from Iran.

Azadi Tower, Tehran, Iran

Policy

SEC Chair Gary Gensler Recommends Congress Regulate Crypto Exchanges

“There’s really no protection around fraud or manipulation,” Gensler said in his first public hearing since taking the reins at the agency.

SEC Chair Gary Gensler appeared before Congress for the first time since being confirmed to his role running the federal securities regulator.

Markets

Don't Fear the Coming Regulation Wave

Fears of new regulation causing a crypto company apocalypse are overblown. Blockchain technology actually makes compliance easier.

chuttersnap-jZcKWRfygsE-unsplash

Policy

In-Person ID Checks May Be on the Way for Thai Crypto Exchange Users: Report

New exchange users will have to use machines to scan their ID card chips before they can open a crypto account, says an industry exec.

Bangkok, Thailand

Policy

Turkey's Central Bank Head Says Crypto Rules Coming, Denies Total Ban Ahead

Comments come as use of digital currencies soars in the country.

Istanbul, Turkey