REGULATION
SEC Commissioner Elad Roisman Sets to Leave the Agency in next January
Elad Roisman, one of the Commissioners with the U.S. SEC has tendered his resignation with President Joe Biden in preparation for his exit from the agency by the end of January 2022.
South African Regulator to Unveil Consumer Protection Regulations in Early 2022
The South African Financial Sector Conduct Authority is on track to unveil an encompassing regulatory framework that is targeted at protecting consumers from scams emanating from the digital currency ecosystem.
Despite Clear Divide Amongst Lawmakers, Crypto CEOs Request Clear Regulations
Top executives representing the biggest companies in the American digital currency ecosystem appeared before Congress to testify on the state of the crypto industry.
Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks
Japan’s FSA is working on a legislation that is set to be introduced next year. The regulations seek to make it only wire transfer companies and banks can issue stablecoins.
India Sees a Step Backward as Lawmaker to Advocate Crypto Ban
An Indian Lok Sabha lawmaker, Nishikant Dubey, advocates that the nation should ban cryptocurrencies rather than embrace these nascent assets through regulation.
FTX Shares 10-Point Regulatory Proposals to American Congress
Cryptocurrency trading platform FTX Derivatives Exchange has published a 10-point regulatory proposal, aims at helping American regulators to provide better regulatory oversight of the broader cryptocurrency ecosystem.
Indian Government Affirms to Regulate Digital Currencies instead of Banning
Affirming the prior speculations on the concerted efforts of the Indian parliament and government to regulate the developing world of cryptocurrencies.
South Korea Plans to Suspend Crypto Taxation Until 2023
Crypto investors in South Korea might have a sigh of relief because the government intends to delay imposing crypto taxation until 2023.
Paytm CEO Doubles Down on Crypto, Says it Will Go Mainstream in 5 Years
Paytm's founder and Chief Executive Officer Vijay Shekhar Sharma has doubled down on his trust in crypto’s ability to go mainstream in the next 5 years.
India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos
Reportedly, the Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), according to local media outlets.