Oversight

Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight

November 11, 2022 Bitcoin.com

bill

The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market. Indonesia Mulls Over New Financial Legislation Designed to Tighten […]

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China to Crack Down on Copyright Infringement Through NFTs

September 10, 2022 Bitcoin.com

Art

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online […]

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Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils

August 27, 2022 Bitcoin.com

applicants

Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible broadening of the applicable rules, the authority is trying to get a clearer idea of their financial state, knowledgeable sources […]

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data

August 3, 2022 Bitcoin.com

bitcoin.com

The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches Public Procurement for Providers of Crypto Trading Data The securities watchdog of […]

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European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

July 28, 2022 Bitcoin.com

bitcoin.com

Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s supposed to supervise. Banking Watchdog Faces Staffing Problems Threatening Its Ability to Regulate […]

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Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry

March 21, 2022 Bitcoin.com

Biden

During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes are feeling the brunt of rising inflation. After […]

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols

EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils

February 24, 2022 Bitcoin.com

AML

A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision […]

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EU Wants Anti-Money Laundering Regulator to Monitor Crypto

February 22, 2022 The Crypto Briefing

Source: Crypto Briefing Go to Source Author: Brooks Butler

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US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’

February 16, 2022 Bitcoin.com

Abracadabra

The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that he’s “never seen the Federal Reserve buy a multimillion-dollar commercial for U.S. […]

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Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

February 10, 2022 Bitcoin.com

$POWER

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages […]

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Angel Investor: Multichain a Stopgap, Future Lies in Advanced Protocols