Regulation

The post Bitstamp Enhances Its Offerings Ahead Of MiCA Regulation appeared first on Coinpedia Fintech News Bitstamp has confirmed its enhancements in offerings ahead of the Markets in Crypto-Assets Regulation (MiCA) coming into force in the European Union on June 30. EUR-denominated stablecoin EURT will be delisted ahead of the June 30 deadline. EMTs that are not Euro-denominated and are already available on the exchange but not within MiCA regulation, will not be delisted, although their availability to European customers…

Carole House returns as Special Advisor, potentially steering U.S. crypto regulation towards stability. The crypto community anticipates the impact of House’s policies on Bitcoin (BTC) and Ripple (XRP) valuations. Reversing from the previous CNF update where Ron DeSantis claimed that Bitcoin Will Die if Joe Biden is Reelected, the Biden administration has welcomed back Carole House as a pivotal crypto adviser. House announced her return through a LinkedIn post, signaling a potential shift in the trajectory of U.S. cryptocurrency regulation.…

The government of Zimbabwe is actively seeking feedback on digital asset regulation as it embarks on creating its crypto framework while grappling with an inflation crisis.  The country hopes to create a regulatory structure tailored to its specific needs and market conditions.  Zimbabwe Consulting Crypto Firms According to reports, the government of Zimbabwe has already established a committee to engage with and gather information from crypto companies offering their services in the country. The deadline for comments on its policy…

XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and Elliott Wave Theory, Defender forecasts a significant price increase for XRP before July. This technical prediction coincides with potential regulatory developments that could reshape the cryptocurrency landscape.…

The post What’s Next for Crypto Regulation After FIT21 Passes in the House? appeared first on Coinpedia Fintech News The U.S. House of Representatives made history on Wednesday by passing the Financial Innovation and Technology for the 21st Century Act (FIT21) with a vote of 279 to 136.  The Republicans led this landmark bill, representing the first comprehensive legislation to regulate the crypto market. Speaker Nancy Pelosi and 71 other Democrats supported the bill. In addition, the importance of the…

The post FIT21 Act Passes House: A Milestone for US Digital Asset Regulation appeared first on Coinpedia Fintech News The United States House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) with substantial bipartisan support. This crucial legislation aims to provide regulatory clarity and consumer protection for the fast-growing digital asset market in the United States. Bipartisan Support for FIT21 FIT21 passes the House 279 – 136 House Democrats voting in favor of this…

The post SEBI vs. RBI: Diverging Views on Crypto Regulation in India appeared first on Coinpedia Fintech News In contrast to the RBI, India’s market watchdog, SEBI, is open to overseeing crypto trading. However, the RBI maintains that private digital currencies pose a macroeconomic risk. In 2021, the government had prepared a bill that would have banned cryptos, although the bill has not yet been introduced. Just last year, India called for a global framework to regulate such assets. SEBI…

The post UK Elections Unlikely to Impact Crypto Regulation appeared first on Coinpedia Fintech News Industry stakeholders believe that the approaching UK elections will not affect the country’s progress in regulating the crypto sector. The UK became a crypto hub in 2022 with the introduction of the markets bill by the Conservative party, which enabled crypto to be regulated by the Financial Conduct Authority (FCA). The ruling Conservative party has promised to introduce legislation for stablecoins and staking in the…

The post Global Central Banks Extend Crypto Regulation Deadline: The Real Reason Behind the Delay appeared first on Coinpedia Fintech News The Group of Central Bank Governors and Heads of Supervision (GHOS) has decided to extend the deadline for implementing its prudential standard regarding banks’ exposure to crypto-assets. Previously, it was expected to be enforced by January 2025. However, the new deadline is set for January 1, 2026. This adjustment results from the requirement for a cohesive global regulatory framework…