Tag: Regulations
Trump Plans to Issue a Crypto Executive Order on First Day
Reading time: < 1 minuteOn Trump’s first day in office, the administration plans to issue executive orders with a focus on digital assets and blockchain technology.
China Introduces Stricter Crypto Regulations
Reading time: < 1 minuteChina has strengthened regulations to control the use of cryptocurrencies, with the State Administration of Foreign Exchange (SAFE) requiring banks to monitor and identify risky trades involving digital assets.
China’s PBoC Highlights Crypto Regulation in Annual Report
Reading time: < 1 minuteThe China Financial Stability Report (2024) from the People’s Bank of China (PBOC) has been released, providing insights into the country’s financial stability strategies and economic advancements in the past year.
Turkey Announces Stricter Crypto AML Rules
Reading time: < 1 minuteTurkey will implement new regulations for the cryptocurrency market as part of its AML legislation in February 2025.
Ukraine Will Legalize Crypto Next Year
Reading time: < 1 minuteUkraine is on the verge of legalizing it as a form of currency.
Morocco to Legalize Cryptocurrencies
Reading time: < 1 minuteMorocco is taking steps to legalize all forms of cryptocurrency, overturning a ban implemented in 2017. The country’s central bank, Bank Al-Maghrib, is crafting a new law for regulating crypto, which is currently undergoing review.
Trump Wants CFTC to Oversee Crypto
Reading time: < 1 minuteAccording to reports, the incoming Trump administration wants the Commodity Futures Trading Commission to become the primary regulator for the crypto industry in the United States.
British Regulator Defends Strict Crypto Regulation
Reading time: < 1 minuteThe FCA’s head of payments and digital assets, Val Smith, has defended the agency’s regulatory approach to the crypto industry by highlighting the significance of maintaining strict oversight to prevent money laundering activities.
IMF Asks El Salvador to Strengthen its Supervision Over Crypto Industry
Reading time: < 1 minuteThe International Monetary Fund (IMF) yesterday made recommendations for El Salvador to narrow the scope of its Bitcoin law and strengthen the regulatory framework and oversight of the Bitcoin ecosystem.
British Government Introduces Bill to Classify Crypto as a Personal Property
Reading time: < 1 minuteThe UK government has announced plans to introduce a bill that will assess whether cryptocurrencies, including Bitcoin, can be considered “personal property” under domestic law.
