Cryptocurrency Regulation
Coverage of Cryptocurrency Regulation in the Nexus archive.
- Key Democrat will oppose crypto bill absent stronger ethics language
Sen. Angela Alsobrooks will oppose the Senate’s crypto bill unless ethics provisions are strengthened, criticizing the GOP proposal for relying too heavily on the Justice Department. She argues state attorneys general should enforce ethics if the DOJ fails, as bipartisan negotiations face challenges over ethics language and concerns about President Donald Trump’s crypto ties.
- Bank of England governor would have put off Farage meeting had £5m gift been under investigation
Bank of England governor Andrew Bailey stated he would have postponed a meeting with Nigel Farage if the Reform UK leader’s £5m gift from crypto billionaire Christopher Harborne had been under investigation at the time. Bailey confirmed he does not regret the September meeting, which occurred before the donation was revealed by the Guardian in April.
- Three years after MiCA became law, Europe's crypto framework is undergoing a rethink
Three years after the Markets in Crypto-Assets (MiCA) regulation was enacted, Europe is reconsidering its approach to cryptocurrency regulation. The article highlights a potential shift in the framework governing crypto assets within the European Union.
- Crypto Long & Short: Asia’s regulated crypto future
The article discusses Asia's approach to regulating cryptocurrency, focusing on the future of a structured and compliant crypto market.
- EU Opens MiCA Review as Global Crypto Rules Race Heats Up
The European Union is opening a review of MiCA (Markets in Crypto-Assets Regulation) as global cryptocurrency regulatory frameworks intensify. This move reflects the EU's ongoing efforts to maintain its position as a regulatory leader in the emerging crypto industry amid international competition.
- Senate’s crypto drama comes to a head
The Senate Banking Committee is advancing a cryptocurrency regulation overhaul on Thursday after months of debate. Republicans have secured enough votes to move forward without Democratic support, though industry leaders like Coinbase CEO Brian Armstrong hope for bipartisan backing. Key sticking points include ethics language that would restrict the White House's ability to profit from crypto.
- Bithumb’s six-month suspension in South Korea is overturned by local judge
A local judge in South Korea has overturned Bithumb's six-month suspension, allowing the cryptocurrency exchange to resume operations. The decision reverses regulatory restrictions imposed earlier this year.
- The US froze 344 million USDT to punish Iran but they could not freeze BTC
The US government froze 344 million USDT (Tether) as part of sanctions against Iran but was unable to freeze Bitcoin (BTC) holdings. The action highlights challenges in regulating cryptocurrencies for geopolitical enforcement.
- The US Froze $344 Million in Tether to Punish Iran. It Could Not Touch a Single Bitcoin
The US government froze $344 million in Tether holdings to penalize Iran for sanctions violations, but could not target Bitcoin due to its decentralized nature and lack of traceability. The action highlights challenges in regulating cryptocurrencies compared to traditional financial systems.