Uzbekistan limits BTC mining to legal entities, solar power
The new government rules only allow miners to tap the grid in special cases, forbid the mining of dark coins like Monero, and demand prompt fee payments.
Latest regulation News
UK plans to launch Digital Securities Sandbox in 2024
Helen Boyd, head of the Financial Conduct Authority, said the new sandbox pilot would explore tokenized instruments, acting more as an infrastructure sandbox in contrast to its current status.
Hong Kong securities regulator to roll out framework on tokenizing investment assets
The Securities and Futures Commission will soon release a framework centered on tokenizing investments, including stocks and bonds, in support of the city-state's Web3 ambitions.
Kenyan lawmakers want Worldcoin fully shut down over ‘espionage’
An ad-hoc committee probing Worldcoin called on the country’s regulators to shut down the project within seven days, including blacklisting its IP addresses.
Brazil central bank to tighten digital asset regulation amid 44% spike in investment
From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank's attention, which wants to curb digital currency money laundering.
IMF proposes framework for assessing systemic risk of digital assets
A paper from the International Monetary Fund outlines a framework for understanding and tracking systemic risks stemming from digital assets, as well as setting out tools to assist countries in containing these risks.
BIS chief: Outdated legal systems hindering CBDCs are ‘unacceptable’
While 93% of central banks are exploring CBDCs, over 80% of legal frameworks bar the rollout of these digital currencies, according to BIS General Manager Agustin Carstens.
ECB inches forward with plans for wholesale CBDC
The European Central Bank explores blockchain technology for CBDC settlements, plans trial in 2024 while progressing toward digital euro with focus on user privacy, inclusion, and commercial bank concerns.
Patrick McHenry pushes stablecoin legislation as US narrowly avoids shutdown
House Financial Services Chair McHenry reiterates commitment to stablecoin regulation amid shutdown threat, highlighting bipartisan support for 2023's Clarity for Payment Stablecoins Act.
India, Australia to collaborate on blockchain and AI regulatory approaches
India and Australia unite to shape global blockchain and AI regulations, focusing on ethical frameworks and uniform standards for 6G and Big Data, fostering safe technology innovations.
Taiwan unveils new guidelines for regulating digital asset firms
Taiwan’s FSC announced a much-anticipated set of guidelines on September 26 for VASPs, emphasizing increased oversight and customer protections.
OpenAI faces probe in Poland over alleged breach of data protection rules
Poland's Personal Data Protection Office (UODO) has launched an investigation into OpenAI's data handling practices for ChatGPT, following complaints of privacy law breaches.