As more authorities seek to regulate the cryptocurrency space in their jurisdictions, the International Monetary Fund (IMF) has published a framework for the effective regulation of the crypto sector across the world. The organization noted in a recent blog post that crypto assets have revolutionized the financial world and would continue to do so in […]
The Federation Council (Soviet Federatsii), the upper House of the Russian Parliament, recently announced the formation of a working group of experts mandated with developing a regulatory framework for the cryptocurrency space in Russia. Currently, cryptocurrencies are partially regulated under the “On Digital Financial Assets” law, as authorities deem it necessary to implement more rules […]
Wednesday was a significant day for the cryptocurrency industry as top members and executives in the cryptocurrency community met with US Congress to deliberate on the industry. Some of the top cryptocurrency representatives included crypto firm CEOs from Bitfury, Circle, FTX, Coinbase, Stellar, and Paxos. These members held a 5-hour-long hearing with Congress. Every testimony […]
The Joe Biden administration, through the White House’s website, has just released a novel 38-page report explaining efforts to tackle state and financial corruption. Interestingly, the report revealed that effort will get channeled into five strategic pillars, one of which mentions the new “National Cryptocurrency Enforcement Team.” According to the statement, the strategic anti-corruption efforts […]
