US securities regulator issues a risk alert on digital asset securities
The SEC risk alert notes the digital assets that qualify as securities present unique challenges and risks which firms must consider when designing their compliance program.
Latest regulation News
Officials in China’s Inner Mongolia eye shutting down block reward mining farms
As part of the scope to reign in energy-intensive industries, the government wants to "properly control the development scale of data centers and strictly prohibit new virtual currency mining projects."
Calvin Ayre issues statement on Bitcoin Association’s response to Craig Wright legal action
Don’t believe the hype emanating from those who claim Craig Wright’s legal action is intended to achieve an unchallengeable dominance over.
Morocco central bank exploring digital currency but Bitcoin still banned
The Bank Al-Maghrib has tasked the new committee with identifying and analyzing the advantages and drawbacks of a digital dirham for the Moroccan economy.
Federal Reserve: 2021 is the year we will engage the public on digital dollar
Jerome Powell has in the past remained tightlipped on the central bank digital currency, urging caution and claiming the Federal Reserve was monitoring the field.
Nigeria central bank governor defends digital currency ban
The Central Bank of Nigeria believes the recent ban on digital currencies was in the best interest of the public, says its governor.
Thailand gov’t wants digital currency traders to prove income
The government believes such a measure would cushion amateur traders against huge losses by ensuring they trade within their means.
European Central Bank demands veto for EU stablecoins
In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should delegate powers over regulating private stablecoins like Diem within the trading zone.
India’s Reserve Bank concerned digital currencies will impact financial stability
Reserve Bank of India Governor Shaktikanta Das said the central bank has “major concerns” regarding digital currencies.
India securities regulator tells firms to sell digital currency holdings before IPO
India’s securities regulator has said firms will be expected to sell off any holdings in digital currency before going public with an IPO.
South Korea back on track to roll out 20% digital currency tax by 2022: report
South Korea is reportedly bringing forward—yet again—plans for a tax on digital currency profits, which will see gains liable to a 20% tax.
Calvin Ayre statement on Craig Wright’s legal action
Bitcoin stakeholders need to acknowledge the fact that the technology faces a grim future without serious changes to the status quo.