Crypto News
EU to Extend Transparency Rules to Crypto Transfers
As we reported in our previous post, the EU was approaching agreement on regulation of crypto trading within the union. And this week the European...
Uzbekistan to Restrict Crypto Mining to Companies Using Solar Energy
Uzbekistan’s National Agency of Prospective Projects (NAPP) is to regulate crypto mining operators. Under the new regulations, only companies using...
Israel Experiments With its CBDC
The Central Bank of Israel has released the results of a lab experiment that examined user privacy and the use of smart contracts in payments in...
EU Approaches Consensus on Union-Wide Crypto Regulation
EU member states are reportedly close to agreement on the Markets in Crypto Assets (MiCA) legislative package which would introduce comprehensive...
Lithuania to Tighten Crypto Regulation
According to the Lithuanian Ministry of Finance, the national government has approved amendments to the country’s Anti-Money Laundering (AML) and...
Japan Regulates Stablecoins to Enhance Investor Protection
Japan has become one of the first countries to regulate stablecoins in the wake of the implosion of TerraUSD. The Japanese parliament passed a bill...
US Issues a Paper on Retail Central Bank Digital Currency (CBDC)
The United States Federal Reserve has published a paper examining the possible effects of a retail central bank digital currency (CBDC) on U.S....
Binance Approved to Provide Crypto Services in Italy
Binance has been registered as a cryptocurrency service provider by the Italian financial regulator, the Organismo Agenti e Mediatori (OAM),...
EU Central Bank’s President Calls for Crypto Regulation to Protect Investors
Christine Lagarde, President of the European Central Bank (the ECB), described cryptocurrencies that are not backed by underlying assets as “worth...
UK Treasury Plans to Legalise Stablecoins as Legal Tender
The United Kingdom’s Treasury Department plans to accept stablecoins as legal tender and bring them within the scope of UK regulation. In legalising...
U.S. Regulator Halts Fraudulent Global Cryptocurrency Trading and Mining Scheme
The US Securities and Exchange Commission (SEC) has halted a fraudulent crypto mining and trading scheme conducted by MCC International (Mining...
Uzbekistan to Adopt Crypto Regulatory Framework
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework under a decree ordering the restructuring of the National Agency...