'Vast Majority Are Securities,' claims Gary Gensler, asking SEC staff to fine-tune compliance with cryptocurrency.
Gary Gensler, the chairman of the Securities and Exchange Commission (SEC) in the United States, disclosed that he had asked SEC staff to improve compliance for crypto tokens and intermediaries. The vast majority of cryptocurrency tokens, h
September 12, 2022
Indian Central Bank Governor Warns of Potential Crypto Market Collapse and Losses for Small Investors
Shaktikanta Das, governor of the RBI, has issued a warning that small investors may lose money if the cryptocurrency market crashes. He continued by saying that the central bank thought its warnings had discouraged many people from making c
August 26, 2022
The Philippine Senate holds a hearing to discuss cryptocurrency regulation.
In a Senate hearing attended by several executives from the cryptocurrency industry, including from crypto exchange Binance, the central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed the regulation of cr
August 26, 2022
Institutional Clients Show 'Massive Crypto Interest,' According to Bitstamp
A significant cryptocurrency exchange's CEO, Bitstamp, claims that institutional clients are showing "massive crypto interest" on his trading platform. According to him, "many institutional companies are looking to enter the cryptocurrency
August 24, 2022
Investors in cryptocurrencies are urged to use caution as authorities look into exchanges, says the Indian Finance Minister.
As the country's Enforcement Directorate (ED) looks into several cryptocurrency exchanges and freezes the assets of some trading platforms, India's finance minister has issued a warning to investors about cryptocurrencies. Indian Finance Mi
August 16, 2022
Nigerian Presidential says he supports digital currencies but wants the industry to be regulated.
Bukola Saraki, a presidential candidate in Nigeria, recently stated that he supports the digital currency industry, claiming that it has created opportunities for the country's youth. He did insist, however, that laws guiding players in thi
May 30, 2022
After the collapse of Terra LUNA and UST, India's Central Bank Governor issues a warning about cryptocurrency.
Following the collapse of cryptocurrency terra (LUNA) and stable coin terra USD, India's central bank, the Reserve Bank of India (RBI), has issued a warning against investing in the crypto market (UST). Governor Shaktikanta Das said, "We ha
May 24, 2022
After the Terra Meltdown, the UK confirms its commitment to regulate stablecoins.
Following the collapse of Terra USD (UST) and terra, the British Treasury Department has reaffirmed its commitment to regulate stablecoins (LUNA). "This will allow issuers and service providers to operate and grow in the United Kingdom whil
May 16, 2022
Senators in the United States are working on broad-based crypto regulation.
A bipartisan, broad-based regulatory framework for cryptocurrency is being developed by two US senators. One of the senators stated, "The work we're doing is going to be a very complex and intensive review of the different aspects of this i
March 28, 2022
The cryptocurrency industry applauds Biden's executive order.
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a
March 10, 2022