Crypto framework Financial News

03.05 / 14:15

Law regulation Taxes Bitcoin crypto framework Framework Uzbekistan's president issues decree to adopt special crypto framework

The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry.

21.04 / 07:25

NFT International Monetary Fund World Bank crypto framework Framework Crypto industry echoes Sitharaman's pitch for global crypto framework

Sitharaman pitched for a global framework to regulate the crytpo tokens, particularly their use in money laundering and terror financing. Speaking in a discussion hosted by the International Monetary Fund (IMF) in Washington DC, Sitharaman said, «I think the biggest risk for all countries across the board will be the money laundering aspect and the aspect of currency being used for financing terror.» The crypto industry is echoing the similar voices and said that global regulations are the need of the hour as no country can handle this alone. However, it will not be a cakewalk, they warned.

11.01 / 17:38

Adoption regulation crypto framework Framework FTX founder urges regulators to create a unified crypto framework

Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong's government to highlight new opportunities within the region's economic landscape.

20.12 / 14:15

UPS Progressive crypto framework Framework Ft Benoît Cœuré: regulators likely to agree on crypto framework in 2022 – FT

Cœuré commented that the boom of decentralised finance (DeFi) throughout 2021 has been something of a “wake up call.” The new avenues and opportunities presented by DeFi create new forms of systemic risk that can no longer be ignored by regulators, he continued. “These [new] services will be competing with traditional finance, and money will flow in and out from one universe to another.

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