Regulations

White House suspends environmental protection, citing coronavirus

Enlarge / A man and a woman, properly socially distanced from the rest of Los Angeles, take in a view of the city on a low air quality day in November, 2019. Mario Tama | Getty Images 2020 has a new motto: “Cancelled due to the coronavirus.” Businesses, schools, sports, travel, film, and TV production, …

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Regulatory Roundup: Crypto Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures

</header> <strong>In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South Korea, India, and Russia.</strong> Also read: Bitcoin Legal in India — Exchanges Resume …

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Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight

</header> <strong>In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making it easier on the financial sector. On March 22, the Federal …

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China’s Changing Perception of Bitcoin: Bitkan CEO Shares Insights After 7 Years in Crypto Industry

</header> <strong>Since the advent of bitcoin in 2009, cryptocurrencies have gone from being a niche topic for tech nerds to ubiquitously recognized — if not always understood — staples of modern finance. Bitkan CEO Liu Yang recently took some time out to give news.Bitcoin.com a peek into the Chinese bitcoin community and its changing ideas …

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Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks

</header> <strong>Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group, which has been in the business for some time, …

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6 Crypto Websites Blocked by Russia’s Media Watchdog, Including News Outlet

</header> <strong>In what seems to be another episode in a long-running campaign, the Russian telecom regulator has</strong><strong> restricted access to at least six websites posting content related to cryptocurrencies. </strong><strong>Тhe forum section of Bits.media, a leading crypto news outlet</strong><strong>, is among the internet pages that have been blacklisted this month. </strong> Also read: Russians Can …

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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions

</header> <strong>The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. </strong> Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive …

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Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online Gambling

</header> <strong>Turkish authorities will soon be going after crypto exchanges operating in the country, local media reported. Although the trading platforms are not the prime target of a new push to increase budget receipts, they will be placed under close examination. The news comes as a military escalation with Syria and the coronavirus outbreak in …

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