Crypto regulations – Page 28

New Crypto and Blockchain Association Launches in Iran

December 1, 2021

A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s economy. Industry Association to Address Blockchain-Related Challenges in Iran The newly-established Iran Blockchain and Cryptocurrency Association (IBCA)…
Read more

Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs

November 17, 2021

Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate the losses. Underground Crypto Farm Busted in Kyrgyzstan The region…
Read more

Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified

November 4, 2021

The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal with the complex issue. Blockchain Association Proposes Public-Private Partnership on Crypto Rules in…
Read more

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

October 25, 2021

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto…
Read more

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

October 16, 2021

Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people,…
Read more

Right-wing Indian group calls for stricter crypto regulations

October 15, 2021

The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space. Mohan Bhagwat, the head of the Rashtriya Swayamsevak Sangh, or RSS — a right-wing Hindu nationalist society — has urged India’s government to pursue crypto regulations “in the larger…
Read more

Binance continues push to become regulated crypto exchange with new hire

October 14, 2021

Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators. Crypto exchange giant Binance has hired Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer. According to an announcement issued on Thursday, Binance stated…
Read more

VC firm a16z pursuing crypto lobbying push in Washington

October 13, 2021

Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0. Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant that will engage with lawmakers and administration officials in the…
Read more

Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments

October 9, 2021

In preparation to regulate its fintech space, the government of Sri Lanka has established a special committee tasked to formulate the country’s policy on digital banking and crypto-related activities. The committee comprises professionals from the public and private sectors. New Committee to Propose Rules for Blockchain Industry in Sri Lanka Sri Lankan authorities have unveiled…
Read more

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

September 22, 2021

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians…
Read more

Tag: Crypto regulations