France Adopts New Rules for Registration of Crypto Companies
The French National Assembly has voted in favor of a bill that establishes stricter regulations for cryptocurrency companies.
The French National Assembly has voted in favor of a bill that establishes stricter regulations for cryptocurrency companies.
With the exception of Bitcoin, all digital currencies can be categorized as securities and regulated using existing legislation.
The growing adoption of digital assets requires the harmonization of the efforts of the supervisory authorities of various countries regarding their regulation.
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.
"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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