Director of South Korea’s FSS Discusses Crypto with SEC Chair Gary Gensler
The director of the Financial Supervisory Service (FSS) of South Korea, Lee Bok-hyun, reportedly intends to meet with the chair of the Securities and Exchange Commission (SEC) of the United States, Gary Gensler, to discuss crypto regulation. Chosunbiz, a South Korean news outlet, reported on December 18 that Lee intends to confer with Gensler during […]
IMF Calls for Crypto Regulations in Seoul, South Korea Seeks Balance
The IMF’s chief urges swift and robust crypto regulations at a digital currency conference in Seoul, while South Korea’s vice financial regulator chief highlights the need for a balanced approach. The International Monetary Fund (IMF) has warned of the dangers of unregulated cryptocurrencies for global financial stability. Speaking at a digital currency conference in Seoul, […]
GOP Candidate Vivek Ramaswamy Calls for Crypto Regulation Reform
Vivek Ramaswamy, a Republican presidential candidate, criticizes the SEC’s approach to crypto regulation and advocates for updated policies and economic freedom. Vivek Ramaswamy, a GOP candidate for the 2024 presidential election, has voiced his support for cryptocurrency and called for significant changes in the way the U.S. regulates the emerging sector. He argued that the […]
Brazil Central Bank to Tighten Crypto Regulation Following Surge
The governor of Banco Central do Brasil, Brazil’s central bank, stated that the institution has observed a significant increase in crypto adoption in the country and will respond by tightening the regulation of digital assets. Roberto Campos Neto reported an increase in “cryptocurrency imports” by Brazilians in a lecture to the Finance and Taxation Commission […]
Taiwan, El Salvador Partner to Enhance Crypto Regulation
Reports from Wu Blockchain suggest the Taiwan Cryptocurrency Association is partnering with El Salvador’s authorities to advocate for a Virtual Assets Bureau to enhance its crypto regulations. At a recent public hearing convened by Taiwanese lawmaker Kuo Kuo-wen on “Virtual Asset Supervision,” the cryptocurrency industry dominated the discussion. The prospective establishment of a “Financial Technology […]