Coin Center Urges US Congress for Clearer Crypto Regulations
Coin Center has been lobbying Senators Wyden and Crapo, from the Senate Finance Committee, to create clearer regulations for cryptocurrencies concerning taxation.
India’s Supreme Court Criticizes Lack of Crypto Regulation
India’s Supreme Court on July 27 criticized the government for delaying the development of a regulatory framework for digital assets in the country.
Peru Introduces Mandatory Registration of Crypto Exchanges
Peru has recently signed a decree that will be part of its anti-money laundering regulations, which require companies that provide virtual currency storage and exchange services to report user transaction information to the Financial Intelligence Unit.
Grayscale: The SEC Should Approve All Bitcoin Spot ETF Requests
Grayscale Investments has expressed its belief that the SEC should approve all applications for spot versions of an exchange-traded fund (ETF) based on Bitcoin.
Namibia Adopts a Crypto Regulation Bill
The Namibian Virtual Assets Act 2023, which was recently approved by President Hage Geingob, is the country’s first law regarding the regulation of cryptocurrencies.
US Introduces Bill for Crypto Market Regulation
The 21st Century Financial Innovation and Technology Act, a 200-page document recently published by Republicans in the US House of Representatives, requires the SEC and the CFTC to specify the definitions of “blockchain” and “digital asset” in the regulation of the digital asset industry.
Bank of Italy Calls for Increasing Control Over Stablecoins
The Bank of Italy has advocated for the development of a regulatory framework for digital currencies pegged to fiat money.
