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.

20.04 / 05:47

World Bank Framework India bats for global crypto regulation framework

India has pitched for a global framework to regulate crypto currencies identifying their use in money laundering and terror financing as the biggest risks for all countries. «I think the biggest risk for all countries across the board will be the money laundering aspect and also the aspect of currency being used for financing terror,» finance minister Nirmala Sitharaman said at a discussion on “Money at a Crossroad” hosted by the International Monetary Fund (IMF) in Washington DC. The minister added that no country could handle these alone and they can be only regulated when countries come on board together.

20.04 / 01:07

business Gaming Funding Venture Capital Framework Framework Ventures allocates half of $400M fund to Web3 gaming

Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain gaming and decentralized finance (DeFi) industries.

07.04 / 19:47

Government Law Stablecoin Framework regulatory Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets

United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for regulators, currently subject to “inconsistent and fragmented oversight.”

04.04 / 20:11

Stablecoin Payments regulation Framework regulatory UK government moves forward with regulatory framework on stablecoins for payments

The United Kingdom's Economic and Finance Ministry has said it intends to amend its existing regulatory framework to incorporate stablecoins used as a means of payment.

29.03 / 16:17

regulation Central Bank Framework Vietnamese deputy PM calls for building legal framework for digital assets

Le Minh Khai, the deputy prime minister of Vietnam has issued a notification to the finance ministry, asking them to explore and amend laws to build a legal framework for the digital asset market.

25.03 / 20:11

Government regulation Taxes lawmakers Framework Crypto tax policy framework passes India's parliament despite pushback from lawmakers

A tax framework on cryptocurrencies introduced by India’s Finance Minister Nirmala Sitharaman will become law in the country after being passed as an amendment to the Finance Bill.

25.03 / 17:01

Blockchain Law Europe POW European Commission Framework regulatory European crypto regulatory framework goes to three-way consideration without PoW ban

The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown over.

22.03 / 22:01

Law regulation Taxes OECD Framework OECD opens proposal on tax transparency framework for crypto to public comment

The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency for global tax authorities.

17.03 / 13:23

Provident BTC Digital Bitcoin Framework regulatory Ukrainian President Signs Law to Establish Regulatory Framework for Crypto

Amidst the ongoing war on its shores, President Volodymyr Zelenskyy has signed into law the bill that will legalize digital currencies in Ukraine.

16.03 / 19:33

Government Law regulation Framework regulatory Ukraine's president signs law establishing regulatory framework for crypto

Volodymyr Zelenskyy, the President of Ukraine currently based in Kyiv, has signed a law establishing a legal framework for the country to operate a regulated crypto market.

27.01 / 15:31

Government Law Ban Framework regulatory Russian Finance Ministry submits crypto regulatory framework for review

In a new twist of the Russian crypto regulation saga, the country’s Ministry of Finance has come forward with an initiative that stands in stark contrast with the central bank’s hardline position.

15.01 / 09:35

Blockchain Stablecoin Usd Coin Framework regulatory Hong Kong begins discussions to introduce stablecoin regulatory framework

Hong Kong's central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-backed regulator intends to establish a regulatory framework by 2023-24.

13.01 / 19:55

cryptocurrency Digital Bitcoin Framework regulatory IMF Staff Suggests The Need For Global Regulatory Framework For Crypto Assets

IMF has called for a global framework for guiding regulation of crypto assets

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.

05.01 / 07:21

Adoption Investments Bitcoin Framework El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds

El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to provide a legal framework for them.

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.

11.12 / 00:22

regulation Central Bank Framework Financial South Africa's financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report

Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority has reportedly said the government’s rollout of a crypto framework would be aimed at mitigating any potential risks.

10.12 / 19:45

RBI crypto ban modi Framework regulatory PM Modi to take final call on cryptocurrency regulatory framework

Modi will take a final decision on the regulatory framework for cryptocurrencies amid conflicting views among stakeholders, two persons familiar with the development said. A high-level meeting was held on Thursday to consider all the options as also stakeholder views including the concerns voiced by the Reserve Bank of India.

10.12 / 10:45

business cryptocurrency Framework regulatory PM Modi to take final call on crypto regulatory framework: Report

India's Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies, amid conflicting views, financial newspaper the Economic Times reported on Friday.

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