Bank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation #nft #crypto #bitcoin

Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank of England’s Analysts on the Metaverse, Crypto, and Regulation Bank of England’s economist Owen Lock and policy analyst … Read moreBank of England Analysts See Crypto Having Important Roles in the Metaverse — Discuss the Need for Regulation #nft #crypto #bitcoin

Indian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration #nft #crypto #bitcoin

India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala Sitharaman answered some … Read moreIndian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration #nft #crypto #bitcoin

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator #nft #crypto #bitcoin

Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen Collaboration … Read moreUS and UK to Deepen Ties on Crypto Regulation, Says British Regulator #nft #crypto #bitcoin