Commissioner of the Securities and Exchange Commission: New Proposal Could Give SEC Extensive Power to Regulate Crypto, Defi Platforms
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has warned that a recent proposal could be devastating for the crypto industry, Bloomberg reported...
El Salvador rejects the International Monetary Fund’s call to ban bitcoin as a legal tender.
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily”...
India announces the launch of the Digital Rupee and moves closer to legalizing cryptocurrency with a 30% tax.
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the nation.
Additionally,...
After a proposal to jail Ponzi operators, Nigerian lawmakers have been urged to consider regulating the cryptocurrency industry.
The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped...
The New York Senate has confirmed the appointment of a new top financial regulator.
The New York Department of Financial Services officially has a new head.
The state Senate confirmed Adrienne Harris, a former federal official and professor, to...
Indonesian Regulator Prohibits Financial Firms From Facilitating Crypto Trading
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to...
