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.
Coinbase CEO: US Election is a Key Moment for Regulation of Crypto Industry
Brian Armstrong, CEO of US crypto exchange Coinbase, believes that the upcoming 2024 US presidential election could drastically change the legal status of the crypto industry.
US Will Vote on Crypto and Stablecoin Legislation Next Month
The House Financial Services Committee is due to start debating two proposed laws in the second week of July that seek to create a distinct path for digital assets to transition from security investments to commodities with lower reporting and regulatory requirements.
France Seeks a Global Regulation of DeFi Industry
The Financial Markets Authority (AMF) has released a statement arguing that a regulation framework is needed to manage decentralized exchanges (DEXs) both nationally and internationally.
Coinbase Says DEXes Cannot Be Regulated as Centralized Exchanges
It is impossible to regulate decentralized exchanges (DEX) like centralized exchanges due to the lack of clear congressional authorization.
Bitstamp is Registered by the UK’s FCA
Bitstamp, one of the oldest crypto exchanges, received approval from the Financial Conduct Authority (FCA) in the UK to operate on June 13, making it the latest addition to the FCA’s crypto register.
The OECD Releases Reporting Rules for Crypto Assets
The Organization for Economic Co-operation and Development (OECD) has published a reporting system for crypto assets and amendments to the Common Tax Information Exchange Standard (CRS).
