Category: Regulation

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

New guidelines bring the nation’s digital asset industry in line with Financial Action Task Force standards.

January 26, 2021
Russia Prohibits Government Officials From Owning Crypto, Must Dump Holdings by April

The Russian Ministry of Labor has reportedly banned government officials from owning and using cryptocurrencies. Officials have also been ordered to dispose of any cryptocurrencies they own by April. Russia Prohibits Government Officials From Holding or Using Cryptocurrencies The Ministry of Labor and Social Protection of the Russian Federation has issued a letter in which…

January 25, 2021
Grayscale Gifts $1 Million To Coin Center, Will Match Up To $1 Million More In February

Today, crypto research and advocacy group Coin Center received a $1 million donation from Grayscale Investments, as well as a commitment to match any donations made in February up to an additional $1 million. This donation is the second of its kind, which was first pioneered by Kraken back in 2018 with a similar donation…

January 25, 2021
Reserve Bank of India ‘exploring the possibility’ of a digital currency

The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.

January 25, 2021
Grayscale Donating up to $2M to Crypto Advocacy Group Coin Center

A web page has been set up for the donation matching campaign that runs through February.

January 25, 2021
New Regulators in Town: What’s Next for Crypto in DC

In this episode, Anna Baydakova, Tanzeel Akhtar and Nik De discuss to expect from U.S. President Joe Biden’s administration regarding crypto, how QuadrigaCX users are doing and trying to predict the future for Ripple.

January 25, 2021
World Economic Forum to host cryptocurrency discussions at Davos this week

The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market. And it’s now discussing it more formally. WEF discusses crypto This week will see two cryptocurrency events take place between officials of the World Economic Forum, the international commerce think tank, as part of the high-profile Davos meeting.…

January 25, 2021
Shariah-Compliant Crypto Exchange Wins License From Bahrain Central Bank

Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies.

January 25, 2021
Russian Public Officials Banned From Holding Cryptocurrency

Russian government officials must dispose of any digital asset holdings before April 1, a letter from the Ministry of Labor states.

January 25, 2021
Harvard Economics Professor: Governments Will Not Allow Bitcoin on a Big Scale and They Will Win

Harvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. The government will win,” he said. The professor also discussed the likelihood of a bitcoin bubble. Harvard Professor Warns of Strict…

January 24, 2021