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CRYPTOASSETS RISK
Can the post-G-20 roadmap for Indian Crypto Asset Regulation achieve greater financial inclusion?An important consensus from the New Delhi Declaration adopted by G20 leaders is that a global coordinated approach to crypto-asset regulati...
IMF and regulators set out roadmap to contain crypto risksRisks are exacerbated by noncompliance with existing laws in some instances, the G20's risk watchdog, the Financial Stability Board, and th...
Cryptoassets increase risk in developing economies, study saysThe report looks at what would happen if crypto and traditional financial markets become more integrated in the future, with a focus on pos...
Cryptoassets increase risk in developing economies, study saysAccording to a paper from the Bank for International Settlements, cryptoassets hold out the "illusory appeal of being a simple and quick so...
UK to curb crypto advertising with 'cooling off' periods, risk warningsThe Financial Conduct Authority (FCA) has introduced new rules for crypto buyers in the UK, including a mandatory 24-hour 'cooling-off' per...
EU watchdog calls for curbing leverage in crypto tradingIt was one of several recommendations made by the European Systemic Risk Board, which ranged from demanding regular reports from all compan...
Crypto should be regulated as gambling, UK lawmakers sayBitcoin, ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significan...
EU calls for fast-track crypto capital rules for banksThe global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing c...
Regulators propose first global rules before 'crypto winter' thawThe Financial Stability Board (FSB), which coordinates financial rulemaking among Group of 20 Economies (G20), made nine recommendations fo...
European Union to trace crypto assets to prevent money laundering, terror financingBefore making the crypto-assets available to beneficiaries, providers will have to verify that the source of the asset is not subject to re...
Cryptocurrencies a clear danger to financial systems: RBI GovernorThe central bank’s Financial Stability Report said the aggressive tightening of monetary policy in response to the inflationary pressure wa...
Be ready to lose all your money in crypto, EU regulators warnEU-CRYPTO-Be ready to lose all your money in crypto, EU regulators warn
Be ready to lose all your money in crypto, EU regulators warnIt marks a racheting up of direct warnings to consumers about cryptoassets by EU authorities, spelling out that consumers have no protectio...
BoE's Bailey tells banks to be 'especially cautious' with cryptoBank of England Governor Andrew Bailey warned banks and other regulated financial firms on Monday that they should be "especially cautious"...
Delhi High Court seeks Centre, Sebi replies on plea for guidelines on crypto-asset advertisements, proper disclaimersA bench of Chief Justice D N Patel and Justice Jyoti Singh issued notice to the Ministry of Information and Broadcasting, Security Exchange...
Global banking regulator in step closer to crypto capital rules"The committee agreed to publish a consultation paper to seek the views of external stakeholders on the design of prudential treatment of b...
Bank of Canada says cryptoassets' volatility is obstacle to payment acceptanceThe central bank said it is monitoring cryptoasset markets, which have surged in popularity in the last year as they have become easier for...