US ‘the only country’ crypto startups should avoid, says Ripple CEO
Brad Garlinghouse said Singapore, the U.K., the UAE and Switzerland are jurisdictions with “smart” crypto policies he thinks the U.S. should adopt. Go to Source
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Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer
Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country’s securities regulator racks up court losses. Go to Source
Decentralized finance to be examined at inaugural CFTC tech advisory meeting
A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.” Go to Source Powered by WPeMatico
Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation for blockchain applications seeking to offer products similar to … Read more
Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has applied for voluntary retirement after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently not prohibited in the country and the recommendations are being examined by relevant … Read more
Leaked Details of India’s Supposed New Cryptocurrency Bill Analyzed
Excerpts from what could be India’s new cryptocurrency bill have been leaked. While local media have made outrageous claims about the details of the bill, industry experts have pointed out numerous flaws and inaccuracies. Meanwhile, the country’s finance secretary has confirmed that the crypto regulation is ready to be submitted to the finance minister for … Read more
India Progressing on Crypto Regulation Amid Ban Rumor
The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Ministry of … Read more
Indian Supreme Court Set to Hear Crypto Case on March 29
The four-week window that the Indian supreme court has given the government to come up with crypto regulation is coming to an end. According to the court’s Advance List, the crypto case is listed for March 29. Meanwhile, the community is ramping up efforts to bring about positive crypto regulation and the end of the … Read more
Report: Indian Government Finalizing Crypto Regulatory Framework
The Indian government has reportedly confirmed that the report containing a regulatory framework for cryptocurrencies by an inter-ministerial committee is being finalized. This confirmation is in response to a Right to Information filing by a local news outlet. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Report in ‘Finalization Stage’ The … Read more
Report: Indian Government Updates Progress on Cryptocurrency Regulation
The Indian government has reportedly provided an update on its progress toward the country’s regulatory framework for cryptocurrencies. The government provided its latest stance in areas such as the national cryptocurrency and licensing of crypto businesses. It is pursuing crypto regulations “with due caution,” according to reports. Also read: Indian Supreme Court Moves Crypto Hearing, Community … Read more
