Galaxy’s Novogratz Urges Progress on Crypto Legislation
TL;DR: Mike Novogratz (Galaxy) prioritizes passing the current bill to enable industry growth. Coinbase withdraws support, claiming the draft harms key products and benefits banks. The
Regulation (Latest Publications)
Latest news about Bitcoin and Cryptocurrencies focused on the regulation and acceptance of the states.
The regulation of Bitcoin [BTC] and different cryptocurrencies is something that generates speculation, the new laws, decrees or sentences around virtual currencies are a current issue in governments. Their eagerness to regulate and control cryptocurrencies has led them to take action on this matter.
On Crypto-Economy we investigate and contrast the information offered to make a selection of the latest news concerning the bitcoin regulation, Altcoins or the ICOS.
California Regulators Fine Nexo $500,000 for Unlicensed Loans
TL;DR Nexo fined $500,000 for offering unlicensed crypto loans in California. The company did not assess borrowers’ ability to repay the loans. It must transfer all
Belarus Drafts Legal Structure for Crypto Banks in Push Toward Regulation
TL;DR: Belarus signed Decree No. 19 on Jan. 16, creating a domestic legal framework for crypto banks and control over digital tokens. A crypto bank is
Citron Attacks Coinbase for ‘Regulatory Fear,’ Shifts Bullish Focus to Securitize
TL;DR Citron backed Securitize and slammed Coinbase’s CLARITY Act pullback; Cantor Equity Partners II rose 10%, while Coinbase slid nearly 4%. Citron says Coinbase fears Securitize
South Korea Imposes Jan. 28 Ban on Overseas Crypto Exchange Apps in Google Play Store
TL;DR Google Play will require overseas exchanges to complete FIU VASP registration by Jan. 28 to remain listed and update apps in South Korea. Compliance requires
Belgium’s KBC Bank Rolls Out MiCA-Compliant Bitcoin and Ether Trading With Full Custody
TL;DR KBC will let retail clients trade Bitcoin and Ether in Bolero from Feb. 16, with coins held in the bank’s custody. KBC says it filed
Robinhood CEO Calls Out Congress Over Delays, Reiterates Need for Crypto Market Structure Bill
TL;DR Tenev said legislative gridlock blocks staking and keeps U.S. crypto features uneven, despite strong customer demand on Robinhood, and urged the U.S. to lead. He
Up to $6 Trillion at Risk if Stablecoins Pay Interest, Bank of America CEO Says
TL;DR Moynihan says Treasury studies show up to $6T, or 30% to 35% of U.S. bank deposits, could shift to yield-paying stablecoins. FDIC averages show savings
German Bank DZ Bank Secures MiCA License for Retail Crypto Trading
TL;DR DZ Bank receives MiCA license to launch retail crypto trading platform. The ‘meinKrypto’ service will integrate directly into the VR Banking App. Over 71% of
Ripple Scores Major Regulatory Victory With New EU License Approval
Ripple secured preliminary EMI license approval from Luxembourg’s CSSF, one week after winning a full EMI license and Cryptoasset Registration from the UK’s FCA. Luxembourg’s EMI
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