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Regulation
Binance Gains Bahrain Approval to Become Crypto Asset Service Provider, Registers in Canada
Bahrain’s “in principle” approval still requires the crypto exchange to complete the application process for a license from the central bank.
India’s Crypto Law Might Not Be Ready Before May, Sources Say
The country’s draft cryptocurrency bill probably won’t become law until after next year’s Budget Session ends in April, adding to uncertainty about the state of crypto regulation in the nation.
OSL Hires Senior Execs to Support Rising Volumes, New Products and Global Expansion
Hong Kong’s first licensed cryptocurrency exchange adds the positions following a June hiring spree and recent expansions in North and Latin America and the U.K.
Another Crypto All-Time High in 2021: Regulatory Handwringing
A lot happened this year. How does it stack up to what we expected in January?
Fitch Says Improved Regulation Could Moderate Stablecoin Credit Risks
The approach taken by the U.S. would be key to medium-term development of stablecoins, Fitch notes.
Financial Stability Group Warns of Stablecoin, DeFi Risks in Annual Report
Top U.S. financial system regulators highlighted crypto’s growing risk in their annual stability annual report.
Paraguay’s Senate Approves Proposal Regulating Crypto Mining and Trading
The bill, which seeks to take advantage of the Latin American country’s energy surplus, will be discussed by the Chamber of Deputies in 2022.
Federal Regulator Says Credit Unions Can Partner With Crypto Providers
The new guidance will allow them to support the buying and selling of cryptocurrencies.
Russian Central Bank Seeks Ban on Crypto Investment: Report
The central bank is looking at a complete ban on future crypto investments in the country.
‘Avoid Ban on Private Cryptocurrencies,’ Indian Technology Think Tank CIS Recommends
The recommendations include classifying crypto in a way that allows it to be regulated by either the central bank or the markets regulator.
