Blog
Global Crypto Regulatory News - 1 January 2024
Matthew Warner
January 06, 2024
Whilst Blockpass monitors and adapts to regulatory changes around the world, we only cover some of the news and developments in articles on the Blockpass blog. However, to showcase more information around what is going on in the blockchain and crypto regulatory scene around the world, we’ve selected some prominent or interesting news and articles that feature relevant crypto regulatory and compliance developments.
- SEC Denies New Crypto Rules Petition
At the end of a year where the SEC has both taken others to task on regulations and been taken to task on its rulings by others, it denies a petition by Coinbase to implement new regulations.
https://www.reuters.com/technology/us-sec-denies-coinbase-petition-crypto-rulemaking-2023-12-15/
- NJ Bill Proposing Crypto as Securities
New Jersey has introduced a bill that would see all crypto which is sold to institutional investors as a security.
https://beincrypto.com/us-state-mulling-stringent-crypto-law/
- China Pushes Crypto Regulation
A move by the People’s Bank of China in its recent report has called for global regulations to be implemented for crypto and DeFi.
https://cointelegraph.com/news/china-pboc-crypto-defi-stability-report
- Germany Focuses on Crypto Securities
Following the introduction of the Act on Financing of the Future, Germany is set to permit the creation of crypto shares.
https://www.lexology.com/library/detail.aspx?g=5d5215f3-e47d-430f-9c8d-07f43a33f0d1
- Russia Seeks Cross-Border Crypto
Russia is set to legalize cross-border crypto transactions as early as Spring 2024 which would come alongside regulations, and penalties for illicit uses.
https://www.cryptopolitan.com/russia-plans-to-legalize-cross-border-crypto/
- El Salvador Regulates Bitcoin Bonds
Approval for Bitcoin bonds has been given by El Salvaor’s Digital Assets Commission (CNAD) and the first are due to be issued in Q1 2024.
Matthew Warner is a content producer and researcher at Blockpass, focusing on writing and community engagement while exploring the potential of blockchain, AI, and IoT technologies.