In a shocking plot twist, India will ban all private cryptocurrencies bar a select few in a bill seeking to regulate digital currencies announced by parliament.
The Indian government will allow a limited number of cryptos to promote their underlying technology and uses, and the country is set to launch its own digital currency in December following “serious concerns” regarding private cryptos.....
On Wednesday, the European Council, which sets the EUs political agenda, adopted its position on the Markets in Crypto Assets (MiCA) framework, according to a statement on its website. This means that the Council and the European Parliament can now enter into negotiations on the proposal before it is formally adopted as law. This agreement also formed the Councils negotiating mandate for discussing MiCA with the European Parliament.
The MiCA framework broadly captures cryptocurrencies like bitcoin and promises to make it simpler for crypto firms to expand throughout the EU by facilitating a passportable license.
The chairman of Australias Securities and Investments Commission (ASIC) says crypto is being driven by extraordinary consumer and investor demand, noting that The implications for consumers are potentially huge. The securities regulator is currently working with lawmakers to develop rules for cryptocurrencies.
Regulator Sees Extraordinary Consumer and Investor Demand for Crypto
Australian Securities and Investments Commission (ASIC) Chair Joe Longo talked about cryptocurrency at the Australian Financial Reviews Super & Wealth Summit Monday.
there coming after us,,its obvious, they(gov)see that its doing better than the "ye olde"stock market (because its already regulated to the hilt) so its regulate regulate regulate..safe trading everyone
