The Hungary central bank governor Gyorgy Matolcsy urged the country to impose a ban on bitcoin mining and trading, seeking help from the EU as well so let’s find out more in our latest cryptocurrency news today. The Central bank of Hungary joined the growing number of central monetary entities which think that BTC tradign […]

According to a local news report, the controversy around the status of cryptocurrency in Russia is about to come to an end.  The Russian newspaper Kommersant reported that the Bank of Russia and the government have now reached an agreement on crypto regulations.  Russia to recognize crypto as currency Following this agreement, authorities in Russia […]

The post Russia to recognize Bitcoin as currency appeared first on CryptoSlate.

The head of Wall Street’s top derivatives regulator urged lawmakers to give his agency more authority and a bigger budget to oversee trading in the fast-growing cryptocurrency market. Commodity Futures Trading Commission Chairman Rostin Behnam said on Wednesday that an increase of at least a $100 million to the regulator’s annual budget of about $300 […]

Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from the news surrounding Russia. BTC/USD rose to an intraday high of $44,312.45 during today’s session, […]

The data from LocalBitcoins and Paxful show that peer-to-peer trading of bitcoin in Nigeria has increased by over 15% year-over-year since the country’s central bank enforced a crypto ban. Current weekly bitcoin trading volumes are at a slight lull, probably because of the downturn in the market. As reported earlier, the Central Bank of Nigeria enforced a […]

Read full post Nigeria sees a major spike in P2P Bitcoin trading volume. on Chaintimes.com.

In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the space, and is even planning to launch a virtual version of the country’s currency called the digital rupee. India...

The post India Will Regulate Crypto and Unveil the Digital Rupee appeared first on Live Bitcoin News.

Listen to the most important stories in Bitcoin and crypto covered by our newsroom in the past week. Cryptoland: Fiji island won’t be crypto’s Fyre Festival after all Cryptoland joins other dumb crypto-themed fundraising endeavours in failing recently, alongside DAO efforts Spice and Constitution. Read more Biden wants US to regulate crypto as matter of […]

The post PODCAST: Cryptoland failure, Biden order, YouTuber rugpull appeared first on Protos.

A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry, Commissioner Peirce Cautions U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has […]

Hester Peirce, popularly known in the digital currency ecosystem as “Crypto Mom” has issued a note of warning that a new proposal from the commission can significantly hurt the Decentralized Finance (DeFi) ecosystem. (Read More)

Following the stock market crash of 1929, FDR called on the then notorious stock speculator Joseph Kennedy to draft legislation to form the Securities Exchange Commission. The “Securities Acts” were designed to officially form the agency and adopt rules that required issuers of securities to transmit information through the mail to investors containing financial and…

The post The Crypto User Protection Act of 2022 appeared first on Bitcoin News Miner.

India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto Is Not Illegal in India, Official Confirms Following the announcement on cryptocurrency taxation by Indian Finance…

The post India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation appeared first on Bitcoin News Miner.

Here is our pick of the 3 most important Stablecoin news stories during the week. Facebook exits the stablecoin business, or has it? This week the news was dominated by the news that Facebook has exited the stablecoin arena.  Or has it?    Certainly on the face of it (no pun intended) it looks like a clean […]

The post Stablecoin News for the week ending Wednesday 2nd February. appeared first on Daily Fintech.