Cryptocurrency Regulation
UK Plans to Start Regulating Cryptocurrency in 2027
The U.K. government plans to extend existing financial regulation to cover crypto companies, emulating the approach of the U.S. rather than that of the EU.
Bank of England’s Proposed Stablecoin Ownership Limits Are Unworkable, Say Crypto Groups: Report
Industry leaders told the Financial Times the plan would be hard to enforce, risk driving business abroad and mark the U.K. as tougher than the U.S. or the EU.
Senator Warren Urges ‘Coordinated and Holistic’ Response to ‘Dangers’ of Crypto
In her letter to Treasury Secretary Janet Yellen, Warren cited DeFi, crypto-enabled cyber attacks and unique threats posed by stablecoins as risks to the financial system.
Japan Increasing Efforts to Regulate Digital Currency: Report
The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system.
OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto
"Prior to this meeting, Vice Chair Quarles, Chair McWilliams and I had talked about potentially putting together an interagency policy sprint team just on crypto because of exactly the concerns you've described," Hsu said.
Coinbase CEO Armstrong Lobbies US Lawmakers as Crypto Scrutiny Ramps Up
Armstrong said he visited Capitol Hill to network and help answer questions about crypto.
Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies.
Library of Congress Reports Surge in Crypto Law Searches
The surge comes as America's largest library rolls out a crypto regulatory guide.
Infosec Exec Urges US Lawmakers to Tighten Crypto Regs Over Pandemic-Driven Scams
Cryptocurrencies should be regulated more stringently, a VMWare security executive told U.S. lawmakers, citing a rise in cybercrime during the pandemic.
