South Korean financial regulator to include security tokens into its capital markets rules. South Korean Financial Services Commission (FSC), an institution that formulates financial policy and regulates financial market activities in Korea, has issued guidelines specifying which digital assets are considered and controlled as securities. According to the press release
US Senator Elizabeth Warren believes that the crypto industry is “scared of a strong SEC.” Elizabeth Warren, an American politician and the senior United States Senator from Massachusetts, has urged the US Securities and Exchange Commission (SEC) to “double down” on its efforts to regulate the crypto industry. In an
According to a story that was published by the Daily Telegraph on February 4, the Bank of England (BoE) and His Majesty’s Treasury feel that it is possible that the United Kingdom will need to develop a central bank digital currency (CBDC) by the year 2030. According to a source
The New Jersey Bureau of Securities has issued a cease and desist order to the owners of three websites, instructing them to stop attempting to con people who are looking for love into investing in their fraudulent cryptocurrency scams. The order was issued in response to the New Jersey Bureau
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it has released a consultation paper that explores
Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri Lanka reality ever.” Tim Draper Suggests Sri Lanka Adopts
The Federal Bureau of Investigation (FBI) is said to have taken possession of 86.5 ether (ETH) as well as two nonfungible tokens (NFTs) with a combined value of over $100,000 from a phishing scammer. The suspected con artist in issue, Chase Senecal, also known as Horror (HZ) online, was originally
This information was sent to customers by the corporation on February 3 via its Twitter account in the form of a message. The cryptocurrency exchange known as tZERO is mostly owned by Overstock, and its last day of business will be March 6th of this year. As a result of
The chairman of the United States Commodity Futures Trading Commission, often known as the CFTC, is Rostin Behnam, and he has said that he would continue working toward the agency’s goal of regulating non-security tokens. Behnam cited “bankruptcies, failures, and runs” as part of the argument for Congress to grant
Monetary & Financial Freedom With blockchain, we will put an end to the monopoly of government-issued currencies, as suggested in the title of Hayek’s work – “Denationalization of Money.” Blockchain will simplify the set of concepts revolving around financial services and the complexity of the IT systems. With blockchain, we
In response to the ongoing regulatory arms race taking place throughout the world, Australia has initiated a public consultation over the classification of its own cryptocurrency assets. The national authorities want to differentiate between four primary categories of items that are connected to the cryptocurrency business. The Australian Treasury issued
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets