Panama advances on its way to regulate the use of cryptocurrencies in the country. The Legislative Assembly approved the cryptocurrency bill, which regulates the “commercialization and use of crypto assets, the issuance of digital value, the tokenization of precious metals and other assets, payment…
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Russia submits bill for cryptocurrency payments
The Russian Ministry of Finance presented a bill called "On Digital News", which aims to regulate the use of cryptocurrencies as an alternative means of payment to the monetary unit of the Russian Federation.
The document addresses issues…
Japan to strengthen regulation of cryptocurrency trading
Hirokazu Matsuno, Chief Cabinet Secretary of the Japanese government, reported during a press conference that his government is working on a bill that allows reviewing the legal regulations on currencies that allow the inclusion of…
Joe Biden could sign executive order on cryptocurrencies
US President Joe Biden will probably sign a long-awaited executive order during the week aimed at promoting the regulation of cryptocurrencies in the country, according to information published by specialized sources.
The information from…
Panama debates regulating cryptocurrencies as a payment method
The Trade Commission for Economic Affairs of the Parliament of Panama resumed the debate of the two bills that aim to regulate cryptocurrencies in the country. The proposals were presented by deputy Cenobia Vargas, last August, and…
The regulatory process of cryptocurrencies in Latin America
Cryptocurrencies registered significant global growth during 2021 and international organizations, as well as countries, carried out various actions to promote the regulatory process for the use of cryptocurrencies. Latin American countries…
European Union differs application of law on crypto assets
The application of the MiCA (markets in crypto assets) regulation that legally supports the service of crypto assets in the market was deferred by the European Union for 2024 and referred to the Council of Europe, which groups the 27…
BoE says a regulatory regime for cryptocurrencies is needed
The executive director of strategy and financial risk of the Bank of England (BoE), Sarah Breeden, assured that in the world a comprehensive regime is needed to protect the global financial system for cryptocurrencies.
One of the key…
IMF raises principles to regulate cryptocurrencies
The International Monetary Fund (IMF) considers it essential to create a regulatory framework for cryptocurrencies. That is why he published on his official blog some considerations that can serve as a reference to establish laws and…
Central Bank of China proposes to regulate the metaverse
Non-fungible tokens (NFTs) and the metaverse should be regulated to avoid the risks associated with money laundering or other illicit activities. Gou Wenjun, director of the Anti-Money Laundering (AML) unit of the People's Bank of China…
The price of cryptocurrencies plummets in India
Cryptocurrencies price plummets in India following the announcement of a bill that aims to ban all private crypto.
The greatest impact was received by the WazirX exchange, which channeled panic sales as a consequence of the debates about…
Caracas court annuls confiscation of equipment from bitcoin miners
The Supreme Court of Justice, on its official website, published the measure executed by the First National Contentious Administrative Court of the Capital District, on an appeal for protection in favor of the company Sierramoros C.A. Their…