Search Results for: unregulated

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

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India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to…

Indijska vlada odgovarja na vprašanja o kripto legalizaciji, Preprečevanje goljufij

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The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against…

Matt Damon Shares Story Behind His Crypto Commercial

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Famous Hollywood actor Matt Damon has revealed the story of how he became involved in creating a cryptocurrency commercial called “Fortune Favors the Brave” with Crypto.com. After the release of the crypto ad, Damon faced global criticism for his involvement in…

Milijarder Tim Draper poziva Šrilanko, naj sprejme Bitcoin - Centralna banka pravi, da "ne želimo poslabšati krize"

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Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. Vendar, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri…

Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland

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Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank which means…

US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX

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A U.S. senator has suggested that cryptocurrency should “morda” be banned following the collapse of crypto exchange FTX. Vendar, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how that will work.” Senator Sherrod…

pax․world: A Token Must Be an Economic Bedrock Not a Collectable Gimmick for the Metaverse to Thrive

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Ta teden, pax.world launched $PAXW, its proprietary utility token for the metaverse. The process of designing and launching $PAXW has provided a clear understanding of the token’s inherent purposes, enormous potential, and possible dangers. Let’s begin at the top: A utility…

EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’

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The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” rekel…

Fintech Bill Approved and Ready to Be Sanctioned in Chile

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A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the…

Priljubljenost kripto naložb je razlog za predpise, Avstralski nadzornik vrednostnih papirjev pravi

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Visoke stopnje lastništva kriptovalut, z nakupi, ki so pogosto opravljeni po nasvetih z Youtuba in Facebooka, narediti “močan razlog za ureditev,” po podatkih avstralske komisije za vrednostne papirje in naložbe. The watchdog backs its stance with poll results showing nearly half of…