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Regulations
Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner
Christy Goldsmith Romero says CFTC oversight would be an answer to potential financial stability risks brewing in the industry.
Vietnam's Prime Minister Says Country Needs to Regulate Crypto
Lawmakers have been pressuring Pham Minh Chinh to clarify his stance toward virtual assets, which aren’t recognized as property yet.
UK Police Have Crypto Experts Stationed Nationwide
The police have managed to seize and store up hundreds of millions of pounds worth of cryptocurrency, but welcomes planned laws to ease seizures of crypto linked to crime and terrorism.
New NFT Rules Possible if Lawmakers Ask, EU Official Says
The treatment of non-fungible tokens wasn’t fully resolved by Brussels’ landmark Markets in Crypto Assets regulation.
Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report
The Bank for International Settlements tested its mBridge project for foreign exchange transactions.
A Majority of US Voters Want More Crypto Regulation, Poll Shows
The results indicate more voters want to see lawmakers treat cryptocurrency as a “serious and valid part of the economy” than as a “mechanism for fraud” and other crimes.
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Activity
The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.
EU Stablecoin Caps Could Lighten or Get Tougher, French Official Warns
Limits on stablecoins denominated in currencies other than euros were among the most controversial elements of the European Union’s Markets in Crypto Assets law.
CFTC Chair Behnam Says ‘Number One Accomplishment’ Is Track Record of Enforcement Actions
Behnam said he gets “very irritated” by the crypto industry’s perception that the CFTC is a friendlier regulator than the SEC.
