Decentral Block Post

The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation.

Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself?

The Hong Kong-based company will join the likes of Binance, Crypto.com, OKX and FTS, who’ve also opened offices in the UAE.

The Yearn Finance founder suggested that several cracks have shown in the crypto sector this year, and that regulation is needed to “reign in irresponsible actors.”

Hayes says the next crypto bull run will be tied to when China embraces the crypto market again, and Hong Kong could be the gateway for this to happen.

The new federal budget states that Bitcoin will fall under the “current tax treatment of digital currencies, including the capital gains tax treatment, where they are held as an investment.”

The New York-based exchange will start with five digital assets on offer in its SEC compliant trading system, which will “seamlessly integrate with legacy securities trading systems.”

The proposal received 100% votes, establishing the DAO Foundation, the Panamanian Foundation, and the Panamanian Corporation.

Banks in the United Kingdom try to block businesses and individuals alike from investing in cryptocurrency. Regulators should fix the situation.

"It is necessary to study appropriate sanctions, and assign the government to make detailed regulations,” reportedly said Prime Minister Pham Minh Chinh.

The NPCC's Andy Gould said that the U.K. police had the capability to address illicit uses of crypto, but still faced challenges including incentives to join the private sector.

The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom.

Crypto service providers should not provide any credit facility or accept payments from credit cards from their customers, the MAS suggested.

The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters.

According to an analysis by crypto risk management firm Elliptic, two Chinese intelligence agents used Wasabi Wallet to conceal BTC transactions allegedly used for bribes.

“Americans should be confident that regulators are working on behalf of the public, rather than auditioning for a high-paid lobbying job,” said 5 senators and House members.

Industry insiders believe South Africa's move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector.

IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China.