The Biden White House has officially unveiled its first-ever regulatory framework for cryptocurrencies in the United States. The framework explains how the financial services sector should change to facilitate borderless transactions and how to combat fraud in the digital asset market. The new regulations come in response to an executive order signed by President Joe […]
Tag: crypto laws
September 16, 2022
September 8, 2022
Australia Creates Federal Cryptocurrency Police Force
The Australian Financial Review (AFR) announced on Monday that the Australian Federal Police (AFP) has established a cryptocurrency crime squad that will track down and recover illegal cryptocurrencies connected to money laundering and other criminal behavior. According to Stefan Jerga, national manager of the AFP’s criminal asset confiscation command, the unit which was established in […]
September 8, 2022
US Fed Vice Chair Michael Barr Favors More Regulation on Crypto, OCC Acting Head Complies
On September 7, two financial representatives of the US government, Michael Barr and Michale Hsu made speeches outlining their views on cryptocurrency legislation. Michael Barr gave his first speech in his new role as vice chair for supervision of the US Federal Reserve Board at the Brookings Institute. Barr talked about his strategies in order […]
