Japan Passes Bill Clarifying Legal Status of Stablecoins
Japan has enacted a significant bill defining the legal status of stablecoins, leapfrogging other nations in the rush to establish safety nets around the tokens...
Category : Regulation
News about Regulation
Cryptocurrencies and blockchain technology are relatively new to everyone. That is why many countries are still adjusting to this new world and starting to establish laws and regulations about it.
To avoid problems and penalties, and to take advantage of all the opportunities, you should be aware of everything about cryptocurrency regulations.
In this section of The Cryptocurrency Post you will find all the news you need to stay up to date.
Stablecoins Fail to Meet Requirements for Massive Use, Bank of England Says
As a result of the recent TerraUSD crash, which dropped to zero over the course of many days, sliding below parity, a Bank of England...
Britain’s Finance Ministry Will Adapt Existing Rules to Deal With Any Stablecoin Collapse
Following the crash of Terra’s stablecoin earlier this month, the UK Treasury has proposed a new insolvency regime to safeguard consumers’ assets, as Britain’s finance...
South Korea is Establishing a Crypto Regulatory Agency
According to local media sources, South Korea plans to establish a digital asset monitor as early as June. Since the Terra ecosystem’s demise, the South...
China Eases Covid Restrictions and Crypto Market Rises
The worldwide cryptocurrency market has seen a modest boost in its price, making it an exciting start to the week for Bitcoin and other major...
Australian Consumer Advocates Call for Urgent Regulation of the Crypto Sector
An Australian consumer advocacy organization, Choice has urged the new Labor government to prioritise cryptocurrency regulation as part of a proposed regulatory framework to better...
India has Prepared a Consultation Document on Cryptocurrencies
According to Ajay Seth, the country’s economic affairs secretary, inflation in India is expected to decline in the next months and the government is set...
U.S. Bill Would Ban Google, Apple From Hosting Apps That Accept China’s Digital Yuan
Republican senators want to prohibit US app shops such as Apple and Google from hosting applications that accept payments in China’s digital yuan, citing concerns...
The Portuguese Parliament Rejects the Proposal for the Taxation of Cryptocurrencies
The Portuguese Parliament, the Assembleia da Repblica, has rejected two separate proposals to tax Bitcoin and other cryptocurrencies, both of which originated from minority political...
The World Bank is Concerned about the Adoption of BTC by the Central African Republic
The World Bank is apprehensive about the Central African Republic’s use of Bitcoin as legal money, both in terms of transparency and financial effect. It says...