Regulation


Policy

Inner Mongolia to Shut Down Crypto Mining Industry: Report

The autonomous region has been under pressure to curb its energy consumption.

Inner Mongolia

Policy

3 US Regulators Probing Robinhood's Actions Amid GameStop Trading Craze

FINRA, the SEC and the New York Attorney General’s Office are all making enquiries into the trading app provider.

Robinhood

Markets

UK Must Act Quickly to Ensure Fintech Lead, Encourage Crypto: Treasury Report Urges

The U.K. Treasury report highlights the need to launch a new regime for the regulation and administration of crypto assets.

UK flag

Policy

US Lawmakers to Examine Crypto's Role in Domestic Terrorism Funding

Witnesses will likely suggest giving FinCEN better tools to watch for illicit financing methods.

Rep. Jim Himes (D-Conn.) is chairman of the Subcommittee on National Security, which is holding a hearing on domestic terrorism financing on Thursday.

Policy

Ex-London Stock Exchange Chief Says UK Should Embrace Crypto Post-Brexit

"It is a good example of a policy area where independence allows us to be more agile," said Xavier Rolet and others in a blog post.

City of London, U.K.

Policy

India’s Central Bank Chief Airs ‘Major Concerns’ About Crypto Risks

Reserve Bank of India Governor Shaktikanta Das said he expects the government to "take a call" on cryptocurrencies.

Reserve Bank of India

Policy

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU

The ECB believes it should have the final say ahead of any proposed stablecoin launches.

European Central Bank, Frankfurt, Germany

Markets

'India's Warren Buffett,' Rakesh Jhunjhunwala, Backs Bitcoin Ban

Jhunjhunwala told CNBC he "will never buy bitcoin" and that Indian regulators should step in and ban cryptocurrencies.

Rakesh Jhunjhunwala, chairman of Rare Enterprises

Markets

Blockchain Bites: Bitcoin Volatility Hasn't Shaken Out Institutions

Bitcoin set a new high above $50,000 after erratic trading earlier this week, though options markets are not anticipating a drawdown anytime soon.

MOSHED-2021-2-16-12-22-35

Policy

Australia's Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body

Blockchain Australia CEO Steve Vallas believes the country is "well placed" when it comes to blockchain, but financial regulators need to take a more active role.

Australia flag