Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’ – Regulation Bitcoin News

Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’ – Regulation Bitcoin News

#Australian #Government #Working #Ensure #Regulation #Crypto #Assets #Protects #Consumers #Regulation #Bitcoin #News The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it…

White House Publishes ‘Roadmap’ to Mitigate Cryptocurrency Risks – Regulation Bitcoin News

White House Publishes ‘Roadmap’ to Mitigate Cryptocurrency Risks – Regulation Bitcoin News

#White #House #Publishes #Roadmap #Mitigate #Cryptocurrency #Risks #Regulation #Bitcoin #News The White House has published a “roadmap to mitigate cryptocurrencies’ risks.” The roadmap calls for authorities to “ramp up enforcement where appropriate” and Congress “to step up its efforts” to regulate the crypto sector. It also notes that legislation should not greenlight mainstream institutions “to…

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit – Regulation Bitcoin News

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit – Regulation Bitcoin News

#UAE #Virtual #Asset #Service #Provider #Granted #Operating #Permit #Regulation #Bitcoin #News The United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and the digital economy, Omar Sultan Al Olama, no crypto entity has been…

Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges – Regulation Bitcoin News

#Indonesia #Tighten #Crypto #Regulation #Stricter #Rules #Exchanges #Regulation #Bitcoin #News Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. Indonesia Plans to Tighten Crypto Regulation Indonesia is preparing to issue new rules to…

US Sentences Promoter of $3.4B Bitconnect Crypto Ponzi Scheme to 38 Months in Prison – Regulation Bitcoin News

#Sentences #Promoter #34B #Bitconnect #Crypto #Ponzi #Scheme #Months #Prison #Regulation #Bitcoin #News The U.S. has sentenced a Los Angeles man to 38 months in federal prison for his role in the $3.4 billion Bitconnect crypto Ponzi scheme. He admitted to earning no less than $24 million from the scam, all of which will now be…

Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset – Regulation Bitcoin News

#Judge #MTI #Liquidation #Case #Issues #Order #Designating #Bitcoin #Intangible #Asset #Regulation #Bitcoin #News A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “as [an]…

Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Markets and Prices Bitcoin News

#Billionaire #David #Rubenstein #Bullish #Crypto #Optimistic #Regulation #Markets #Prices #Bitcoin #News Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional wisdom.” David Rubenstein Bullish…

President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill – Regulation Bitcoin News

#President #Paraguay #Mario #Abdo #Vetoes #Cryptocurrency #Bill #Regulation #Bitcoin #News The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be returned to Congress to be approved again or to be…

US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn – Regulation Bitcoin News

#State #Regulator #Warns #Crypto #InterestBearing #Accounts #Market #Downturn #Regulation #Bitcoin #News The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About…

EU Makes Deal on MiCA Legislation to Regulate Crypto Markets – Regulation Bitcoin News

#Deal #MiCA #Legislation #Regulate #Crypto #Markets #Regulation #Bitcoin #News Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt…