regulation

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One Step Closer to Regulation of the Crypto Ecosystem

1 Feb 2023 6 minute read 2 comments ulriklykke

The regulation of the crypto ecosystem is a rapidly evolving and diverse landscape. Anyone with any knowledge about the space knows how challenging it is to regulate. Nonetheless a lot of efforts are being made by regulators to tango with the cryptos...

What is the SVGFSA License, and why is regulation so important for crypto?

29 Jan 2023 2 minute read 0 comments WEEX

St. Vincent and the Grenadines, a member of the Commonwealth of Nations, is a major offshore financial center in the West Indies and an important offshore regulatory jurisdiction worldwide. With the SVGFSA (St. Vincent Financial Services Authority) a...

Why are governments against cryptocurrencies

25 Jan 2023 2 minute read 0 comments Bala

Cryptocurrencies have lots of gray areas and not all people understand what cryptocurrencies are all about. This also includes legal bodies and governments as well. In addition to that, there are several reasons why governments may be against cryptoc...

WEEX is applying for SVGFSA License, the next step in global regulatory compliance

24 Jan 2023 2 minute read 0 comments WEEX

The crypto industry has experienced a bitter crypto winter since the second half of 2022, with a number of large institutions and well-known platforms crashing and collapsing. This not only drew the attention of the regulators, but also made the ind...

New Year New Congress: What is Going On

6 Jan 2023 3 minute read 6 comments Cje95

As many know currently things are not going smoothly in Washington, DC. As someone who works on a Committee in the House of Representatives, it is an extremely challenging time. Congress is broken up into two different chambers the Senate with 100 Me...

ARTIFICIAL INTELLIGENCE - TO BE FEARED OR NOT?

28 Dec 2022 13 minute read 2 comments naykdhodlr

  Interesting, as the conversation and publication centered on the future prospects for Artificial Intelligence becomes more mainstream, it is not surprising that some take advantage of the moment to cast a negative light upon the technology's poten...

2022 is Over, Good Riddance

27 Dec 2022 2 minute read 0 comments WinterYeti

What a year it has been. We've seen the final nail in the coffin (we hope) to the continually falling crypto slope, we got through an ugly election here in the U.S., and we've sized up inflation, met it face on, and survived so far by adjusting every...

Gensler's Oversight Strategy Called into Question by Congressman Emmer

27 Nov 2022 1 minute read 4 comments kev_nag

In that one of the main purposes of regulation is the protection of the public from the effects of bad actors, clearly the relative effectiveness of crypto regulations in the U.S. as administered by the S.E.C. requires scrutiny. Of equal clarity is t...

Sens. Stabenow and Boozman Double Down on the Digital Commodities Consumer Protection Act 2022 (DCCPA) in FTX Wake

11 Nov 2022 2 minute read 0 comments kev_nag

So…this week has brought us the announcement by FTX CEO Sam Bankman-Fried (hereinafter ‘SBF’) that oops, his exchange is experiencing ‘liquidity crunches’. And then, thereafter, fessing up that FTX and SBF founded Alameda Research comingled customer...

Are cryptocurrency payments legal in India?

8 Nov 2022 3 minute read 20 comments NOWPayments

Accept crypto payments NOW The mainstream interest in cryptocurrencies has been growing in the past few years. Questions about its legality linger as new cryptocurrency users enter the market from all over the world.  India has been one of the c...