Banking Committee chairman Sherrod Brown made the suggestion during an appearance on NBC’s “Meet the Press.” He however stated that it would be “very difficult” to ban crypto since they would simply “go offshore.” Brown […]
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has […]
The arrest of European Parliamentarian and cryptocurrency proponent Eva Kaili has been labeled as a blow to the ecosystem by prominent blockchain industry participants. Kaili, one of 14 European Parliament vice presidents, was arrested and […]
ASIC is suing Finder Wallet for providing unlicenced financial services. ASIC claims the Finder Earn product closely resembled a debenture. Finder Wallet stopped providing the service to its customers last month. ASIC sues Finder Wallet […]
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to […]
The Russian central bank is ready to consider allowing cryptocurrency use within the country but only as part of a legal experiment, governor Elvira Nabiullina said. “It’s possible to consider transactions through an authorized organization […]
Brazil Central Bank is planning to launch a CBDC in 2024. According to the president of the central bank, digital assets could drive participation. Brazil will join the likes of China, the Bahamas, and Nigeria […]
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: […]
The Bahamas government reportedly worked with former FTX CEO Sam Bankman-Fried to issue a new cryptocurrency controlled by local officials. Following the FTX collapse in November, Bahamas government officials reportedly asked Bankman-Fried to mint new […]
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intelligence agency. At the same time, the regulator supports […]
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