Tag: Regulation

Poland Fails to Override Crypto Bill Veto, Delaying Regulation

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The lower house of Poland’s parliament failed to secure the required three-fifths majority to override President Karol Nawrocki’s veto of the Crypto-Asset Market Act, pushing the country further away from regulating its digital-asset sector at a moment when lawmakers argue that oversight is increasingly urgent. As Bloomberg reported Friday, the legislation — advanced by Prime Minister Donald Tusk’s government — was intended to align Poland with the European Union’s MiCA framework for crypto markets. The bill was introduced in June but did not survive the president’s veto. Nawrocki blocked the…

Australia Unveils Comprehensive Crypto Regulation Bill, Demanding Financial Licenses for Exchanges – SuperCryptoNews

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Australia’s Parliament is advancing landmark legislation designed to impose strict regulatory oversight on cryptocurrency exchanges and digital asset custody providers, introducing a comprehensive framework aimed at boosting investor protection and unlocking significant economic gains. Treasurer Jim Chalmers and Financial Services Minister Daniel Mulino on Wednesday introduced the Corporations Amendment (Digital Assets Framework) Bill 2025, which establishes the nation’s first full regulatory structure for companies that hold crypto on behalf of customers. The bill has already passed its first reading and moved immediately to a second reading for debate. At the…

Prospective CFTC chair Addresses DeFi Regulation at Nomination Hearing

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Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate Agriculture Committee for his nomination to be the next chair of the Commodity Futures Trading Commission. On Wednesday, Selig appeared before the committee and addressed questions and concerns from lawmakers on both sides of the aisle regarding his potential conflicts of interest, policy views and experience as the next CFTC chair, succeeding Caroline Pham. Michael Selig addressing lawmakers on Wednesday’s confirmation hearing. Source: US…

FSB Flags Gaps In Cross-Border Crypto Regulation

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Privacy of data is among the key legal challenges to cross-border cooperation in regulating cryptocurrencies like Bitcoin and stablecoins, according to the G20’s risk watchdog. The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements (BIS), has identified persistent gaps in how governments worldwide regulate the cryptocurrency market. “This inconsistency creates challenges such as regulatory arbitrage, data gaps, and market fragmentation,” the FSB wrote in a 107-page peer review report released on Thursday. Among the key issues in cross-border cooperation, the regulator highlighted divided…

Ghana Moves Toward Crypto Regulation Amid Rising User Adoption

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Ghana’s central bank aims to have crypto regulations in place by the end of the year, with the West African country advancing a bill to parliament just a week after Kenya passed its own bill regulating the industry. Johnson Asiama, the governor of the Bank of Ghana (BoG), said at the International Monetary Fund’s meetings in Washington on Thursday that the country had “done a lot of work in the past four months to put together the regulatory environment,” and create legislation.   “That bill is on its way to parliament,…

Uganda to Launch CBDC Pilot, Kenya Close to Regulation

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Uganda has launched a central bank digital currency (CBDC) pilot as part of a broader tokenization effort across the African nation, while its neighbour Kenya is on the verge of enacting a crypto regulation bill.  Blockchain financial infrastructure company the Global Settlement Network (GSN) has partnered with Ugandan developer Diacente Group in an initiative to tokenize $5.5 billion of real-world assets, which also includes a CBDC pilot, the companies announced on Wednesday.  It comes as Kenya’s Virtual Asset Service Providers (VASP) Bill passed through the country’s parliament on Tuesday and…

Vitalik Defends Base Against SEC Exchange Regulation Threat

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Ethereum co-founder Vitalik Buterin has praised Ethereum layer-2 Base’s approach to decentralization in response to recent concerns over Base’s sequencer and whether it should be treated as an exchange. “Base is doing things the right way: an L2 on top of Ethereum, that uses its centralized features to provide stronger UX features, while still being tied into Ethereum’s decentralized base layer for security,” Vitalik Buterin said on Tuesday.  He added that the Coinbase layer-2 does not have custody over your funds, “they cannot steal funds or stop you from withdrawing…

Crypto Can’t Afford To Wait For Perfect Regulation

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Opinion by: Kevin de Patoul, co-founder and CEO of Keyrock There’s a certain déjà vu in crypto right now. Real-world assets (RWAs), tokenized funds and onchain treasuries are all buzzwords we’ve spoken about for years. In 2022, when hype far outpaced real adoption, a report by BCG projected that the total size of tokenized assets could reach $16 trillion by 2030. The current market cap is sitting at $50 billion in 2025.  This time, it feels slightly different, and it’s not just because giants like BlackRock are launching tokenized money…

Japanese Regulator Proposes Deep Rework of Crypto Regulation

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Japan’s Financial Services Agency (FSA) presented a proposal that would significantly tighten crypto regulation. A Tuesday FSA report recommends regulating cryptocurrencies under the Financial Instruments and Exchange Act (FIEA), moving them from under the Payment Services Act. This aims to strengthen investor protection and align crypto oversight with securities regulation. The regulator said that many issues within crypto resemble those traditionally addressed under the FIEA, so it may be appropriate to apply similar mechanisms and enforcement. Key problems in crypto investment highlighted in the report include unclear white papers, inaccurate…

Permissionless Finance Will Triumph Over Government Regulation: Fold CEO

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Decentralized finance (DeFi) protocols will survive government and corporate efforts to impose traditional financial regulations designed to create a walled garden of permissioned digital systems, according to Will Reeves, CEO and co-founder of Bitcoin (BTC) rewards company Fold.  Reeves told Cointelegraph that regulatory proposals requiring DeFi protocols to embed biometric identity checks within smart contracts, or other similar traditional financial (TradFi) regulations, will backfire, as did efforts to control the spread of information on the internet.  Policy proposals to implement identity checks into digital asset systems in the White House’s…