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The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3, which will host the Zebu Live Conference in October, also … Read more
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes. Go to Source
As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve. Go to Source
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play. Go to Source
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback. Go to Source
BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive. Go to Source
Australian Parliament Member Andrew Charlton said he believes blockchain technology could add $60 billion to the economy. Go to Source
The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislation secured a bipartisan approval with a vote of 279 to 136. “FIT21 is the first legislation of … Read more
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto as a macroeconomic risk, highlighting concerns about tax evasion and fiscal stability. SEBI … Read more
In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely revamped regulatory framework for cryptocurrencies. The agency argued that existing rules are adequate and that it’s not required to create new regulations from scratch as Coinbase suggests. SEC Clings to Century-Old Rules in Response to … Read more
