Regulatory Updates
The US looks to develop a regulatory framework for cryptocurrencies 20 April 2021
Sources close to the Biden administration have revealed that it is in the early stages of developing a regulatory approach to cryptocurrencies....
The Bank of Russia presents a new concept for its CBDC, the digital ruble 9 April 2021
The Bank of Russia has presented a new concept for the Russian central bank's digital currency. According to its First Deputy Governor, the Russian...
Sweden’s Central Bank reports on the first phase of digital currency pilot program 7 April 2021
Sweden emerged as one of the first countries to explore the adoption of a central bank digital currency (CBDC) when its central bank, Sveriges...
Dubai regulator consults on regulation of security tokens 29 March 2021
The Dubai Financial Services Authority (DFSA) published a consultation paper on a “Framework for Regulating Security Tokens” on 29 March 2021 with a...
The Hi-Tech Park Administration will oversee crypto-exchanges and digital tokens in Belarus 16 March 2021
According to Belarus' First Deputy Prime Minister, the government is proposing to appoint the Administration of the Hi-Tech Park as the supervisory...
US Lawmakers suggest creating a working group to evaluate U.S. cryptocurrency regulations 9 March 2021
A recently introduced US bill - the “Eliminate Barriers to Innovation Act of 2021” - would create a working group composed of industry experts and...
US tax authority updates reporting requirements for crypto 4 March 2021
The United States Internal Revenue Service (IRS) has updated its FAQ section on cryptocurrency. It explains that an investor who has only purchased...
Central banks of China and the UAE join Hong Kong and Thailand CBDC project 23 February 2021
The Central Bank of the United Arab Emirates and the Digital Currency Institute of the People's Bank of China have joined the Hong Kong Monetary...
Canadian Regulator approves Bitcoin ETF, 11 February 2021
The Ontario Securities Commission has approved a Bitcoin exchange-traded fund (ETF). A final decision document was issued on February 11 approving...
Estonia plants to tighten crypto licensing regulations 6 February 2021
Estonia’s Finance Ministry is reportedly planning to tighten its regulation of crypto licensing. The initiative follows the revocation of the...
India to introduce cryptocurrency and national digital currency bill 30 January 2021
India’s government plans to introduce a bill to ban private cryptocurrencies such as bitcoin and create a national cryptocurrency. The...
Valkyrie Digital Assets files for a Bitcoin ETF in the U.S. 22 January 2021
Valkyrie Digital Assets, the crypto subsidiary of investment firm Valkyrie Investments, has filed an application for a Bitcoin Exchange Traded Fund...