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.
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.
