Category: Regulation

G7 Officials Stress Need to Regulate Digital Currencies: US Treasury

The U.S. Treasury Department issued a statement following a virtual call with other G7 members.

December 7, 2020
bitFlyer Chief Compliance Officer on the current state of crypto regulation in the United States

CryptoSlate recently had the opportunity to chat with David Zacks, the Chief Compliance Officer of bitFlyer USA on the current state of crypto regulation in the United States. In his role at bitFlyer, David leads Risk, Compliance, Legal, and Regulatory Affairs. Prior to joining Bitflyer USA, David held various Compliance management roles at Airbnb, Auka,…

December 6, 2020
Crypto players plead presidential pardon case for Ross Ulbricht

Many are calling for Donald Trump to grant clemency to the Silk Road founder before he leaves office on Jan. 20.

December 6, 2020
Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors to know how to invest,” therefore attracting more institutional…

December 6, 2020
Ethereum community explodes over proposed stablecoin act from U.S. representatives

The crypto community was slammed with news earlier this week that U.S. House representatives are looking to crack down on stablecoins. The Office of Congresswoman Rashida Tlaib, who is heading this new proposed legislation, wrote in a press release announcing this move: “The COVID-19 Pandemic has exposed numerous barriers to accessing and utilizing mainstream financial…

December 5, 2020
Crypto hedge fund CEO testifies to Washington State Senate about the challenges of regulating digital assets

Crypto regulations have proven to be a slippery slope so far, with governments around the world continuing to suppress the industry’s organic growth by instilling poor policies and a general disregard for cryptocurrencies. But builders, developers, and crypto fanatics are fighting back to ensure a fair industry. One such individual is Jesse Proudman, the CEO…

December 4, 2020
Bolivia Essentially Banned Crypto but Blockchain Advocates Are Pushing Back

Bolivia is one of the rare countries that has essentially banned cryptocurrency, but the nation’s blockchain advocates aren’t giving up.

December 4, 2020
New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen Lynch – all of them Democrats – the proposed law…

December 4, 2020
Caitlin Long calls on SIM swap victims to help resurrect Wyoming bill

“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Long.

December 3, 2020
Everyone’s talking crypto for solving sub-Saharan Africa’s payments problems

Stablecoins and continentwide regulations are key to breaking down barriers to Africa’s economic growth.

December 3, 2020