IMF Teams up with India to Formulate Global Level Crypto Laws Under G20 Framework

India has welcomed the International Monetary Fund (IMF)’s aid in its quest to formulate crypto laws that would work on an international level. The development has been confirmed by Ajay Seth, Secretary of India’s Department of Economic Affairs. India took over the presidency of the G20 group of nations in December last year. The countries … Read more

Here’s How Australia Plans to Protect Crypto Investors From Market Risk

Australia, in a bid to protect its crypto investors from financial risks, has devised a three-stage plan. Australian government’s new plan aims to bring laws to govern crypto token mapping, strengthen legal oversight on crypto transactions, and ensure crypto user protection. The three-point plan seeks to further regulate the cryptocurrency sector in the country. The … Read more

Israel Opens Proposed Crypto Rulebook for Public Comments: Details

The first week of 2023 has already seen several nations make strides in formulating laws to oversee the crypto sector. After the UK, Italy, and Morocco — Israel has moved a step closer to finalising a regulatory framework for cryptocurrencies and other sorts of virtual digital assets. The authorities there have opened the drafted crypto rules … Read more

Brazil Gets Crypto Laws, Industry Players Get 180 Days to Comply: Details

Brazil has emerged among the first nations now, that has officially outlined the rules and laws to govern the virtual digital assets sector. Jair Bolsonaro, the President of Brazil has signed the previously proposed crypto bill into a law. The parliament of Brazil had given this draft crypto ruleset a nod of approval in November. … Read more