Central Bank of Morocco completes its crypto regulatory framework
The Central Bank of Morocco has written the document for the first crypto bill, which will be discussed with key players in the sector. Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), the central bank of Morocco, launched a series of meetings between the BAM and the market participants on January 3 during a news […]
US senators intensify push for crypto bill following FTX collapse
U.S. Senators Debbie Stabenow and John Boozman have increased their effort toward the crypto bill with recent happenings surrounding the downfall of FTX exchange. In the wake of FTX’s unexpected collapse, two U.S. Senators Debbie Stabenow and John Boozman have redoubled their efforts to publish a final version of the Digital Commodities Consumer Protection Act […]
Hong Kong prepares 2023 crypto bill to support market expansion
The Hong Kong government is currently working on a crypto bill that would establish clear policies to facilitate the market’s expansion. According to Liang Hanjing, director of financial technology at InvestHK, the Hong Kong government department for foreign direct investments, the bill pertaining to the regulation of cryptocurrencies is indeed anticipated to be passed in […]
Sources: SEC Chair, CFTC will be scrutinized over crypto bill
The U.S. SEC Chairman, Gary Gensler, has come under fire for how he has handled the cryptocurrency industry. Many influential figures have spoken out in favor of clear restrictions on digital assets. According to Fox Business Journalist Eleanor Terrett, the SEC Chair will be subject to testimony. She did, however, add that according to her […]
Russian Security Agency Moves To Make Crypto Exchanges Share Data With Crime Investigators
The crypto bill is accompanied by a proposed Russia’s ban on advertising non-licensed cryptocurrency services. Russia’s Federal Security Service (FSB) and Ministry of Internal Affairs (MVD) have submitted review notes on the country’s Finance Ministry’s upcoming “crypto bill.” Law enforcement agencies advocate for crypto firms to share transaction data with investigators and for the terms […]