#regulation
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Exploring Europe's Relationship with Cryptocurrency Today
Greenfield, a European crypto investment company, has published State of European Crypto Report 2023. The report's central thesis is that regulation has been the primary focus of the year and is likely to facilitate the growth of the European ecosystem. UK Parliamentarians Push for Rapid Crypto Regulatory Framework
A cadre of British politicians, members of the Crypto and Digital Assets All Parliamentary Group (APPG), have issued a call for accelerated implementation of cryptocurrency regulation within the United Kingdom. Furthermore, the group urges the appointment of a dedicated government official to oversee this crucial process. Crypto Should Be Regulated as Gambling: Key Arguments
The Treasury Committee of the United Kingdom is advocating for the regulation of cryptocurrency trading akin to gambling. A new report from the bipartisan committee of deputies emphasizes that cryptocurrencies don't serve any useful social functions. They require a significant amount of energy to produce and their usage is closely linked to fraud and money laundering. EU Adopts MiCA Regulations: What Lies Ahead for Cryptocurrencies?
The European Union has adopted a new legislative framework for the crypto asset market (MiCA). Even though the development of this document began back in 2020, the issue of regulation has become increasingly urgent, especially following the problems that emerged in 2022. Commercial English Banks Could Be Denied Access to CBDCs
Andrew Bailey, the Governor of the Bank of England, recently spoke in Washington about the challenges facing the financial system, as well as potential solutions and the overall state of the economy. During his speech, he also discussed topics such as cryptocurrencies, stablecoins, and CBDCs. Ripple's legal battle with SEC costs $200 million and counting
Ripple CEO Brad Garlinghouse revealed that the company has spent $200 million defending itself against a lawsuit brought by the United States Securities Exchange Commission (SEC). He made this statement during a fireside chat at the Dubai Fintech Summit, highlighting the differences in crypto regulation progress between the U.S., the UAE, and Europe. America's Crypto Crown at Stake: Is the U.S. Losing its Grip?
ARK Invest, in their weekly dispatch to clients, is casting doubt on the U.S.'s ability to maintain its prime position within the crypto industry. The chief concerns listed are the total ambiguity over the regulation of digital assets, coupled with declining liquidity. Hong Kong Promises Strict Crypto Regulation
Hong Kong Monetary Authority Chief Executive Eddie Yue, in an interview, emphasized the city's intention to enforce stringent crypto regulations. He said, "Our regulation will be tight. We will facilitate the development of the ecosystem here, generating considerable excitement. However, this doesn't imply lax regulation." CFTC Aims to Tackle Anonymity on the Crypto Market
During her presentation in London, CFTC Chairperson Christy Goldsmith Romero called for broader oversight of anonymity in the cryptocurrency market, bolstering security measures for DeFi applications, and safeguarding client assets on centralized exchanges. Double Whammy: Warren's Proposal and Court's Decision on bZx DAO
Did you hear about the two big events that went down in late March? Senator Elizabeth Warren proposed some heavy-duty regulations for crypto platforms, while a court handed down a verdict in the bZx DAO case. While the Senator's move may have some folks feeling like the sky is falling, the court ruling could seriously shake things up for DeFi platforms. 








