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Hong Kong gives banks, brokers the crypto go-ahead

The city’s regulators issue a joint statement telling financial instos it’s okay to do business in virtual assets.

The post Hong Kong gives banks, brokers the crypto go-ahead appeared first on Digital Finance.

IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits

IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential BenefitsThe International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start charging fees for services provided by the government’s Chivo digital wallet. IMF’s […]

Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests

Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law SuggestsA new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The authors are also hoping to regulate cryptocurrency mining and cut access to cheap energy for those who mint coins in their homes. Bill to Bring ‘Tight Regulation’ to Crypto Industry, […]

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report UnveilsA roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in […]

What Is Nakamoto-Gresham’s Law, And How Does It Pertain To Bitcoin?

We know the idea of Gresham's law — but it cannot be applied directly to bitcoin without some modification.

FTX.US, BinanceUS and Gemini jumped into US lobbying in recent months, yet they trail Coinbase’s $1 million quarterly spend

Lobbying in the US continued to heat up at the tail end of 2021, particularly among major crypto exchanges seeking to comply with local regulations.

The post FTX.US, BinanceUS and Gemini jumped into US lobbying in recent months, yet they trail Coinbase’s $1 million quarterly spend appeared first on The Block.

The Changing Monetary System, Yield Curves And Bitcoin

Discussing Bitcoin and the changing monetary landscape.

Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban

Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket BanAuthorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank in Moscow. Belarus to Keep Favorable Crypto Regulations Officials in Belarus do […]

Russian crypto ban proposal draws denunciations from Telegram’s Durov and Navalny’s chief of staff

Leonid Volkov and Pavel Durov are both speaking out against the new proposal to ban crypto in Russia.

The post Russian crypto ban proposal draws denunciations from Telegram’s Durov and Navalny’s chief of staff appeared first on The Block.

State Coordination Will Continue To Regulate Use Of Bitcoin

In the absence of clear federal policy around bitcoin, state agencies will continue to coordinate their regulatory actions around users.

Australia’s plan to create a crypto competitive edge in 12 steps

A recent Senate report on digital asset regulation is a pro-crypto statement of intent from the Australian government that the world can learn from.

Celebrating A New Year In Bitcoin With A Roundtable Of Influencers

Bitcoin luminaries like Peter McCormick, Justine Harper, Charlie Lee, Jimmy Song and more joined a New Year's "Bitcoin Bottom Line."

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