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Crypto Regulation

Crypto Regulation

Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies

Lois Kuznetsov -
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate...
Crypto Regulation

Just-In: SEC Chair Gary Gensler Testify on GameStop Trading Saga, Talks About Regulating Crypto Market

Lois Kuznetsov -
SEC Chair Gary Gensler testifies before the House of Financial Service Committee on investor protection in the GameStop trading frenzy. Gensler also raised concerns over Robinhood mobile trading app SEC chairman Gary Gensler along with several other financial experts testified before...
Crypto Regulation

Judge reaffirms order SEC must produce documents on Bitcoin, Ether and XRP in Ripple case

Lois Kuznetsov -
Ripple's victory granted the firm access to the SEC's documents on the three leading cryptocurrencies. The regulatory agency recently denied the possession of these documents. The judge further clarified and reaffirmed the order for the securities regulator...
Crypto Regulation

SEC Chairman Gary Gensler Claims That Crypto Exchanges Have to Be Regulated, Asks Congress for Help

Lois Kuznetsov -
SEC chairman Gary Gensler is urging lawmakers to address crypto exchange protections During a virtual hearing held by the House Financial Services Committee, Gary Gensler, the newly appointed chairman of the U.S. Securities and Exchange Commission, said that the cryptocurrency market could benefit from...
Crypto Regulation

Ripple vs. SEC legal fight may provide guidance for crypto regulation

Lois Kuznetsov -
The SEC lawsuit against Ripple may provide guidance to the cryptocurrency industry, one lawyer believes. It is widely speculated that Gary Gensler, the new SEC chairman is making plans to define the regulatory framework of the crypto industry. The...
Crypto Regulation

Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’

Lois Kuznetsov -
Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency transactions of any form. In the warning, the regulator reiterated that “cryptocurrencies are illegal in the country and are not regulated by...
Crypto Regulation

South Korean Banking Regulations a Threat to ‘Big 4’ Crypto Exchanges

Lois Kuznetsov -
South Korea’s newly imposed anti-money laundering (AML) and banking regulations are causing tensions that have reportedly left even the big four domestic crypto exchanges to fear for their futures. The new regulations, which force crypto exchanges to ensure all of...
Crypto Regulation

Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers

Lois Kuznetsov -
Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the...
Crypto Regulation

Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

Lois Kuznetsov -
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities...
Crypto Regulation

“We will push for a Ripple IPO after SEC case,” SBI Holdings hints

Lois Kuznetsov -
SBI CEO has made a mention of a Ripple IPO to be considered once its case with the SEC is settled. SBI holds more than 10% of Ripple and earlier in the year offered its investors for the...
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Latest News

EthereumLois Kuznetsov -

Ethereum To The Moon: ETH Search Volume Surges Significantly

It’s been just revealed that the Ethereum search volume has doubled in size since back in 2017. https://twitter.com/cryptounfolded/status/1393929226525552643?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1393929226525552643%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcryptogazette.com%2Fethereum-to-the-moon-eth-search-volume-surges-significantly%2F   Ethereum has been...
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