[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Russian government and central bank agree to treat Bitcoin as currency The Russian government and central bank made an agreement to regulate crypto as an “analogue of currencies” instead of “digital financial assets.” The updated regulation is part of a draft law that is…
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Why States Will Continue To Regulate Bitcoin Use
[ad_1] Regulators continue to debate how to define cryptocurrencies, such as bitcoin, and whether they are securities, commodities or properties, etc., which is critical for how regulators choose to enforce those regulations. At the recent National Association of Attorneys General Consumer Protection Conference in November 2021, Hester Peirce, commissioner of the U.S. Securities and Exchange Commission (SEC), commented on the issue, saying “the view we are taking these days is that pretty much everything is a security.” While the public has closely scrutinized nebulous and sometimes contrary statements made by…
Read MoreHillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China – Regulation Bitcoin News
[ad_1] Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all kinds of technology to their advantage and destabilize countries as well as the dollar as the world’s reserve currency. Hillary Clinton Stresses the Importance of Crypto Regulation Hillary Clinton, former Democratic presidential candidate, talked about cryptocurrency Tuesday in an interview with MSNBC. She elaborated on her crypto statement last week and warned that the technology may be…
Read MoreSurvey finds Europeans want home countries to regulate crypto, not EU
[ad_1] A large-scale poll across 12 European Union member states revealed that a majority of Europeans would prefer local governments to create and regulate cryptocurrencies. Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal and Spain. Against the backdrop of the new crypto laws proposed by the European Commission (EC), a lion’s share of respondents from all nations supported the creation of a national cryptocurrency. The main reason for an in-house token, however, is attributed to…
Read MoreCuba To Recognize And Regulate Bitcoin and Other Cryptos
[ad_1] On Thursday Cuba’s government said it would “recognize and regulate” Bitcoin and other cryptocurrencies for payments on the island, Bloomberg reported. The local Cuban Official Gazette has published a resolution which stated that the central bank will create rules for Bitcoin and other crypto assets to determine licensing laws for providers of crypto services on the island. The resolution stated the central bank has power to authorize the use of Bitcoin and other crypto for “reasons of socio-economic interest,” according to the report. The resolution also said the state…
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