In an online video session conducted by the Bank of Finland Institute for Emerging Economies on its 30th Anniversary Conference, Gang Yi (the Governor of People’s Bank of China) discussed the latest developments about the CBDC (central bank digital currency) of the country, called e-CNY (digital yuan). He particularly talked about the matter of privacy…
Pat Toomey, a US Senator, carries on confronting the infrastructure bill while also being critical regarding the stablecoin report published under the Biden Administration. He recently swore to rectify the flawed language utilized in the legislation, causing big controversy during August. He additionally condemned the newly published stablecoin report, recommending the regulation of the issuers…
A New South Wales senator in Australia, Andrew James Bragg, recently admitted that the enthusiasts of crypto across the nation are becoming eager to acquire regulations regarding their operations in Australia. He stated that that, according to his perception, the country will develop transparent crypto regulations during the coming 12 months. Mounting demand for crypto…
The departure of Bitcoin miners from China to Kazakhstan has added to the nation’s energy shortage, which the nation’s leader has recommended be alleviated through the use of nuclear energy sources. According to Kazakhstan’s Ministry of Energy, Bitcoin miners will be responsible for an 8% rise in residential electricity use from now until the end…
The cryptocurrency market in Russia has experienced tremendous growth despite the deficiency in cryptocurrency regulations. This view was expressed by a major industry executive as the Russian crypto market is currently worth hundreds of billions of dollars. Sergei Khitrov Discusses Crypto Regulations in Russia Sergei Khitrov, founder of Blockchain Life and Listing.Help, was a keynote…
The Bitcoin price has managed to reach the $67K level for the first time in the last 5 months. Many Bitcoin maximalists and cryptocurrency enthusiasts are certain that the flagship cryptocurrency will be able to hit the highly anticipated six-figure valuation before the end of the current year. However, many critics think that the cryptocurrency…
The crypto world is about to get even more secure following the development of a new regulatory-compliance protocol, ASTRA. ATRA is a new protocol designed to improve the security of networks and transactions on blockchains and DeFi applications. The loopholes in DeFi and other decentralized systems have allowed fraudsters and unscrupulous users to carry out…
Joe Biden is reportedly working on an executive order or considering on one to control the crypto space; this thing has sparked another debate within the crypto community. When it comes to the idea of regulation, Biden wants to regulate and control everything, and this brings him to a rather tedious task of regulating the…
During a recent podcast, the CEO of IOHK, Charles Hoskinson, stated his concern about the progress of financial development, saying that America could fall behind other major or minor countries if it doesn’t do something about the strict regulations applied to cryptocurrencies. Charles Hoskinson was a part of a very recent episode of the COINs…
Regulating cryptocurrency has been a subject of debate since the start of the year, with the SEC adamant to enforce regulations. Chair Gary Gensler, has reiterated on numerous occasions that regulating the crypto industry is non-negotiable. However, Gensler has reportedly confirmed that neither he nor the agency has the intention to ban digital assets. During…
The changes applied to the cryptocurrency regulations in South Korea have forced almost two-thirds of the country’s crypto exchanges to be scheduled for shut down soon, leaving investors with huge losses. In regards to the announcement made by South Korea’s Financial Commission, all local and international cryptocurrency exchanges have been advised to register themselves as…