US lawmaker calls for Apple and Google to provide info on fake crypto apps
Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams…
Bank of England calls for ‘regulatory and law enforcement frameworks’ to address potential digital assets systemic risks
Home » Business » Bank of England calls for ‘regulatory and law enforcement frameworks’ to address potential digital assets systemic risks The Bank of England (BoE) has joined the call for regulating the digital assets market. The central bank said the United Kingdom needs to have “enhanced regulations” for the market even as it continues…
EU Commission demands unique DeFi regulatory strategy in new report
Home » Business » EU Commission calls for unique DeFi regulatory approach in new report Europe has taken a big step towards regulating decentralized finance (DeFi), with the European Union (EU) executive branch publishing a report advocating for a new approach to DeFi regulations. In its report titled “European Financial Stability and Integration Review 2022,”…
EU commissioner demands global collaboration in electronic assets regulation
Home » Business » EU commissioner calls for global collaboration in digital assets regulation Mairead McGuinness, the commissioner for financial services, financial stability, and capital markets union at the European Commission, has reiterated the European Union’s (EU) thoughts on the need for concerted efforts to go into regulations of the digital currency industry and market…
Hong Kong main bank demands public comments in its retail electronic currency
Home » Business » Hong Kong central bank calls for public comments on its retail digital currency The Hong Kong Monetary Authority (HKMA) has released a discussion paper titled, “e-HKD: A policy and design perspective.” The paper laid out the central banker’s thoughts on retail CBDC and invited public opinion. The HKMA highlighted that it has…
NYDFS demands crypto firms to utilize blockchain analytics
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions…
UK NCA demands tougher regulations about coin mixers
Criminals who use BTC and other digital currencies often try to evade detection by using coin mixers. This week, the U.K.’s National Crime Agency (NCA) has called for a crackdown on this technology which it says can disguise transactions that would otherwise be traceable on the blockchain. What the NCA wants from regulations The NCA is…
PwC report calls NFTs ‘the future of electronic assets in sports’
The report asserts that digital assets can fundamentally alter how fans consume sports and interact with their favorite teams…
Judge phone calls COPAs claimed legal expenses excessive, reduces award by 33%
Home » Business » Judge calls COPA’s claimed legal costs excessive, reduces award by 33% The U.K. High Court has rejected a costs proposal by Crypto Open Patent Alliance (COPA) with regard to rulings issued by the Court late last year in their case against Dr. Craig Wright. Those rulings amounted to partial victories for…
The Metaverse calls: NFTs construct virtual economies to remain relevant in 2022
“Utility” is the 2022 NFT buzzword and a few forward-looking projects are venturing into the Metaverse by integrating gamification and token emission strategies to their roadmap…