Governor of Bank of Jamaica Thinks Cryptocurrency Isn’t Reliable Enough for Payments
The governor of Jamaica central bank has warned anyone who is using or planning to utilize cryptocurrencies about the dangers they pose. The governor said...
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.
Crypto Lender Celsius Network is Under Investigation by Securities Regulators in Five States
Liquidity issues at crypto lending platform Celsius Network, which has left its over 1.7 million users unable to recover their holdings, could intensify regulatory pressure...
SEC Chair, Gary Gensler Worries About a New Cryptocurrency Bill
United States Securities and Exchange Commission (SEC) Chair Gary Gensler is concerned that a new proposal to create a regulatory framework for cryptocurrencies will undermine...
The Court Denies the SEC Motion in the Ripple Case
Following Tuesday’s court-mandated SEC-Ripple conference that put the SEC in the spotlight, Judge Analisa Torres has granted a motion to seal and ordered the SEC...
Sen. Pat Toomey Says Fed Canceled Fintech Master Account
According to Reuters’ report from Thursday, United States Senator Pat Toomey is seeking explanations on the revocation of a master account for the FinTech Reserve...
New York State Issues New Guidance For Stablecoins
Financial regulators in New York State have published recommendations for the use of dollar-backed stablecoins corporate bonds subject to DFS regulation....
CFTC Introduces New bill to Regulate Cryptocurrencies
A widely anticipated Senate plan to put the unregulated cryptocurrency market under government control would benefit the industry by elevating the Commodity Futures Trading Commission...
New York Bill Limits Crypto Miners’ Fossil Fuel Use
By signing a two-year prohibition on the use of fossil-fuel power plants to produce electricity for cryptocurrency mining, the New York State Legislature has made...
The Ethiopian National Bank Issues a Warning Against Digital Currency Transactions
While other nations, such as the Central African Republic, have accepted bitcoin as legal tender, Ethiopia’s National Bank has stated in a statement released on...
Australian Gold Coast Mayor Suggests Using Cryptocurrencies for Tax Payments
Mayor Tom Tate of the Gold Coast, Australia, has suggested that in the future, people could use cryptocurrencies to pay local taxes, but critics have...