India, under its ongoing G20 Presidency, is spearheading the process of formulating crypto laws that would work uniformly on an international level and make the sector safer against crimes and misuse. In a fresh development, Indian finance minister Nirmala Sitharaman has disclosed that the three-month period between April and July…
India has welcomed the International Monetary Fund (IMF)’s aid in its quest to formulate crypto laws that would work on an international level. The development has been confirmed by Ajay Seth, Secretary of India’s Department of Economic Affairs. India took over the presidency of the G20 group of nations in…
The first week of 2023 has already seen several nations make strides in formulating laws to oversee the crypto sector. After the UK, Italy, and Morocco — Israel has moved a step closer to finalising a regulatory framework for cryptocurrencies and other sorts of virtual digital assets. The authorities there have…
Brazil has emerged among the first nations now, that has officially outlined the rules and laws to govern the virtual digital assets sector. Jair Bolsonaro, the President of Brazil has signed the previously proposed crypto bill into a law. The parliament of Brazil had given this draft crypto ruleset a…
The stir around crypto regulations has intensified around the globe. Israel is the latest nation to join the list of countries that have accelerated their efforts around regulating the digital assets sector. Israel’s ministry of finance is now assessing the threats and challenges associated with the volatile industry, in order…
Different regions around the world, either in clusters or individually, are working on binding the majorly independent crypto sector into legal frameworks in order to make the space safe for investors. In a fresh development, the European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the MiCA legislation….
The US seems to be inching closer to getting laws governing its crypto industry. The public of the US can now weigh-in on the kind of crypto rules they want tailored specifically for them. The last date for accepting public suggestions has been decided as August 8 by the US…
Brian Armstrong, the CEO of one of world’s largest crypto exchanges — Coinbase, addressed a rather unpleasant event that his firm recently encountered in India. Days after launching a UPI-based crypto-buying feature in India, Coinbase had to suspend it because the government denied to recognise the move. Armstrong said, Coinbase…
Singapore wishes to establish itself as a ‘responsible’ hub for crypto activities. In a bid to achieve this goal, the Monetary Authority of Singapore (MAS) has called for very strict verification and licencing processes for entities dealing with virtual digital assets wishing to set up shop in the southeast Asian…
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