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The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled for release between September and October 2024, will seek input from stakeholders to gather feedback on effective regulation. India is emphasizing the importance of international … Read more
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the drafts, hearing the opinions of market participants in order to tailor these rules to local needs. Central Bank of Brazil … Read more
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector. Go to Source Powered by WPeMatico
Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one. Go to Source Powered by WPeMatico
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers. Go to Source Powered by WPeMatico
Coinbase’s vice president of international policy told Cointelegraph the meetings took place in Canberra and Sydney and touched on the government’s token mapping efforts. Go to Source Powered by WPeMatico
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority, … Read more
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation. Go to Source Powered by WPeMatico
The Australian Securities and Investments Commission (ASIC) recently opened a consultation for establishing methods and best practices for regulating crypto assets. The consultation paper seeks guidance on which crypto-assets should qualify as underlying assets, and how to make this determination. The proposal could signal the emergence of new crypto-based products in the Australian market. Australian … Read more
The United States Securities and Exchange Commission (SEC) has published an “order instituting proceedings to determine whether to approve or disapprove” the proposed Vaneck Solidx bitcoin exchange-traded fund (ETF). The SEC is asking for further public feedback on issues pertaining to concerns regarding the bitcoin market’s perceived vulnerability to manipulation. Also Read: Turkey Finance Minister Embraces … Read more
