Under the leadership of US President Joe Biden, the White House is likely to release an executive order–assigning federal agencies to approach the cryptocurrency sector as a matter of national security.
The Biden Administration is reportedly planning a sweeping executive order aimed at the crypto industry. According to a report from Barron’s, President Biden will issue a memorandum that assigns certain government bodies to research and create a regulatory framework for crypto, non-fungible tokens (NFTs), and stablecoins. A source familiar with the situation said: “This is […]
The Biden Administration is expected to issue an order that would make government agencies begin conducting risk analysis on cryptocurrency as a national security threat.
Russian lawmakers and administration are locking horns over the fate of the country’s cryptocurrency sector, even as the threat of a blanket ban looms over its head. In the latest development, the Russian Finance Ministry has expressed outward support to the asset class by proposing a regulatory framework for cryptocurrencies. This comes in response to […]
FTX US has reached a value of $8 billion in its latest $400 million funding raise. According to the exchange’s press release, FTX.US locked in new funds from a group of blue chip investors to help it expand its U.S presence, and “further establish itself as the largest crypto exchange in the US” while adhering […]
Crypto exchange FTX has reached a staggering new valuation after it completed its latest round of fundraising. According to a press release, the company closed $400 million during its Series A round of funding today, which now has FTX valued at $8 billion. Brett Harrison, FTX’s president, says that the crypto exchange’s valuation reflects its […]
The Bank of Thailand (BOT), in association with Thailand’s Security And Exchange Commission (SEC) and Ministry of Finance (MOF), will jointly be spearheading the endeavor of regulating cryptocurrency as a payment method for the goods and services in the region. As per the official press release, the Thai authorities are planning to introduce a set […]
Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank in Moscow. Belarus to Keep Favorable Crypto Regulations Officials in Belarus do […]