Regulation

The regulator noted the importance of finalising the framework but added that the timeline was unclear at this stage.

Morocco has become the first country in North Africa to move toward a cryptocurrency regulation framework bill. 

Deep dive: US senators want to introduce a framework for responsible innovation and regulation in the cryptocurrency sector.

In an interview with CNBC’s Jim Cramer, SEC Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was prepared to publicly label a commodity.

The Responsible Financial Innovation Act bill introduces an overarching regulatory framework for cryptocurrency in the US. 

Cardano co-founder Charles Hoskinson pitched to congress that it should make regulations for crypto but leave compliance up to the software developers.

The SEC Chair says possibilty for crypto lenders to colloborate with regulators for consumer protections

A proposed law would grant Brazilian citizens the right to use cryptocurrency as a means of payment while protecting their private keys from being confiscated by the courts.

Germany’s federal finance ministry has issued guidance on income tax treatment for crypto as part of the first nationwide instructions on the topic.

The UK’s financial regulator and its finance ministry, the Treasury will consider the collapse of the Terra ecosystem’s crypto tokens while creating new rules for crypto assets.

There is now the potential to make the UK a crypto hub following enthusiastic comments from the UK treasury.

During an annual testimony in front of the Senate Banking Committee, U.S. Treasury Secretary Janet Yellen called for greater regulation of stablecoins.