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Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing
Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.
China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism
Ant Group founder Jack Ma and the firm’s top executives met with PBoC and three financial regulators as China published new draft rules for online micro-lending.
Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?
A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.
Arab's Financial Security Publishes a Tentative Draft Resolution for Crypto Regulations
Securities and Commodities Authority in the United Arab Emirates released a draft containing their tentative resolutions on how the crypto market will be regulated.
California Crypto Bill Seeks to Measure the Consumer Impact of Digital Assets
California’s Senate Banking and Financial Institutions Committee has unanimously passed Assembly Bill 2150 which will help define digital assets as well as to measure its potential impact on the state and consumers
CME to Close Trading Floor on Friday as Coronavirus Prevention Measure
CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.
Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens
Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.
British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency
The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.
Facebook’s Libra Launch Will Be Halted Until Proper Regulations Are Set, According to G7 Draft
A G7 statement showed that the financial leaders of the world’s seven largest economies will oppose the launch of Libra.
US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve
The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.
India’s Government Plans to Bring Back Law to Ban Cryptocurrencies
A report revealed that the Finance Ministry is now inviting other ministries to have a discussion of its earlier draft on the crypto ban introduced a year ago.
Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals
UK-based crypto exchange EXMO has detected suspicious activity on its platform, and as a preemptive measure, it has suspended withdrawals for the time being.