Banks Have Changed Their Attitude Towards Crypto Due to Regulators’ Pressure
Banks have stopped cooperating with crypto firms due to fears of reprisals from regulators.
Banks have stopped cooperating with crypto firms due to fears of reprisals from regulators.
Gary Gensler has said that crypto assets and other emerging technologies are on the regulator’s 2023 priority list.
The Hong Kong Monetary Authority has announced it plans to introduce mandatory licensing for stablecoin issuers during 2023-2024.
The Indonesian authorities will use the current securities laws to regulate transactions with digital assets.
Kazakhstan has just approved a new version of its law “On Digital Assets” and four related regulations.
The Thai Securities and Exchange Commission has required virtual asset service providers that specialize in providing custody services to create a digital wallet management system.
Brad Garlinghouse has said on Twitter that he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the crypto industry this year.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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