Crypto Policy Financial News

In a July 25 interview with Moneycontrol, Indian Economic Affairs Secretary Ajay Seth announced that the country will release a discussion paper outlining its stance on cryptocurrencies before September 2024.

Messari CEO Ryan Selkis will step down from his role at the crypto research company after making inflammatory remarks regarding immigration and Donald Trump online, the crypto founder announced late Friday morning.

Staunch anti-crypto candidate Jamaal Bowman, a representative for New York’s 16th congressional district, lost his state’s primary election Tuesday night to Westchester County executive George Latimer amid growing political tensions over digital assets.

Dennis Porter, Co-founder and CEO of the Satoshi Action Fund, took to X yesterday to announce Louisiana’s passage of the “Blockchain Basics Act.” This “Bitcoin Rights” bill represents a concrete step in potentially limiting the influence of central bank digital currencies (CBDCs).

The government of Zimbabwe is looking for input on digital asset regulation as it begins to develop its own crypto framework while navigating a challenging inflation crisis, Bloomberg reported Wednesday.

Claudia Sheinbaum, former mayor of Mexico City, has been elected as the first female president of Mexico. She is anticipated to maintain the current administration’s approach to crypto regulation.

MoonPay confirmed to Cryptonews on Monday that it has donated $1 million to the digital advocacy group Stand With Crypto ahead of the 2024 elections.

Republican U.S. Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on November 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas.

King Charles II has approved the appointment of Member of Parliament Bim Afolami to the position of economic secretary to the Treasury of the United Kingdom.

A major candidate for the US Presidency is on the verge of releasing a “comprehensive crypto policy framework”.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

The Blockchain Association is moving out of New York.

As crypto exchange Coinbase makes a push toward a sensible regulatory environment for the crypto space, the exchange launched a nonfungible token (NFT) collection to gain the community’s support. However, not everyone is excited about the move, with some not even sure if it will have any impact at all. 

The United States Securites and Exchange Commission chief Gary Gensler is set to testify before the the House Financial Services Committee for the first time.

Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company.

The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed a framework of nine policy principles that addressed macrofinancial, legal and regulatory, and international coordination issues. 

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

JPMorgan, whose chief executive recently expressed scepticism of cryptocurrency, has hired a crypto policy head from bankrupt cryptocurrency lender Celsius Network.

Recently elected Conservative Party leader and prime minister of the United Kingdom Liz Truss has appointed Kwasi Kwarteng as the country’s newest chancellor of the exchequer, or chief financial minister.

United States Securities and Exchange (SEC) commissioner Hester Peirce said the newly released SEC Agency Rule List is full of “hot-button” topics implemented in an unreasonable hurry, while crypto was ignored.

Last week was the Paris Blockchain Week, and the epicenter of crypto policy and regulatory conversation moved to the French capital accordingly. Cointelegraph reported extensively from the ground and ran a series of interviews with some of the crypto industry’s captains who shared their thoughts on the state of regulatory affairs. For one, Binance’s Changpeng Zhao said that he was excited to see regulators embracing financial innovation and introducing crypto-friendly policies, calling it a major trend of 2022. Bertrand Perez, chief operating officer of the Web3 Foundation, opined that many policymakers, including some in the European Union, still tend to act too fast on crypto regulation without getting properly educated on the subject first. Ripple’s Brad Garlinghouse even filled in the Blockchain Week crowd on the latest developments in the company’s court struggle against the United States Securities and Exchange Commission, which indeed saw some upside for the issuer of Ripple’s XRP.