Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News…
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Spanish authorities will force crypto owners to declare their crypto-related operations and coin holdings. The nation’s finance chief also stated that crypto exchanges will be forced to report on their customers’ activities from next year – and warned that similar European Union-wide measures were now in the pipelines….Read More: Spanish Government Wants Crypto Holders to Report their Transactions & Holdings from 2023…
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European Central Bank president Christine Lagarde argued for more regulation of the crypto space, covering lending and staking….
Continue reading on https://decrypt.co/103565/ecb-president-lagarde-crypto-staking-and-lending-must-be-regulated
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At Brussels Blockchain Week, crypto enthusiasts met in the shadow of impending regulation—but the regulators themselves were few and far between….
Continue reading on https://decrypt.co/103518/european-commission-advisor-were-currently-not-on-track-to-regulate-defi
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While the 19 euro-using European Union countries face a gloomy economic outlook, European decision-makers are worried about the potential negative impact of cryptoassets and decentralized finance (DeFi) on the bloc’s financial stability – and per Christine Lagarde, President of the European Central Bank (ECB), they should intensify their work on a controversial regulation draft….
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El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender. Per ElSalvador.com, the website of the newspaper El Diario de Hoy, the state is unperturbed by the current “difficult scenario for digital assets,” and has teamed up with a Canadian company called Astro Babies to launch a new coin called the Salvadoran Crypto Initiative (SCI).
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As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges. In a statement, the country’s government said that the exchanges that are registered with the Astana International Financial Centre (AIFC), a financial hub based in Kazakhstan’s capital Nur-Sultan, are eligible to open accounts with a number of local banks….
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Russia’s Central Bank chief Elvira Nabiullina has stated that she is prepared to allow the nation to do business in crypto – as long as it does not enter the Russian financial system and is only used in international settlements. But the country’s finance ministry, which favors legalization and regulation, is hopeful of reaching a compromise with the bank….
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