Tag: Regulations

Summary Bitcoin has come under regulatory scrutiny in the last few months. I see this as an incredibly bullish sign, showing that Bitcoin is becoming a legitimate financial asset. Regulation will ultimately help increase adoption, which is good news if you own Bitcoin. Since its inception, and especially in the last 6 months, Bitcoin (BTC-USD)…

Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), called on Congress to give the agency more authority to stronger regulate cryptocurrency exchanges, lending, and platforms riddled with fraud and investor risk by his words. At a global conference on Tuesday, the SEC chair said the crypto market involves many tokens, which…

India’s Ministry of Finance has clarified some questions concerning the status of cryptocurrency, crypto regulation, and crypto investor protection in the country. The minister also indicated that the recommendations in the draft bill proposed by the interministerial committee are still being considered. The Indian minister of finance, Shri Pankaj Chaudhary, answered Monday some questions about…

Could DeFi revolutionize finance? And can regulators do something about it? Chris Matthews reflects in his MarketWatch column, while Washington is paying close attention to this $100 billion movement. More than a decade after its creation, Bitcoin and other cryptocurrencies have failed to achieve the dream of a new, widely-used global currency free from the…

Some of the law firms that ferret out possible securities claims in search of fees and recovery for investors’ harm are increasingly being coldly received by federal courts. That is very good news for the crypto industry and investors who hold tokens in legitimate blockchain companies, thinks Marc Powers, an adjunct professor at Florida International…

Will Central Bank Digital Currencies (CBDC) make Bitcoin obsolete or not? – professor Sean Stein Smith reflects in the Forbes column. Recent comments by the chairman of the Federal Reserve, Jerome Powell, highlight the need for more productive conversations around crypto competition. During testimony to both the House and Senate the topic of a central…