Hong Kong's Financial Services and the Treasury Bureau will introduce a bill imposing license obligation on crypto exchanges which is scheduled to catch up to the 2021/2022 season meeting.
Australian Senator Asks Comprehensive Regulations on Crypto Assets
Australian Senator Andrew Bragg has stated that they have to make more clear and comprehensive regulations if Australia wants to be a pioneering country in the crypto world.
Russia Will Launch Digital Currency Prototype by End of Year
A senior Russian official confirmed that the Central Bank of Russia is preparing to launch a prototype of its digital currency towards the end of 2021.
Greenpeace Stops Accepting Bitcoin Donations
Greenpeace USA was accepting Bitcoin donations. However, it announced lately that it will stop accepting Bitcoin donations as it is harmful to the ecosystem and is not environmentally friendly.
Canadian Central Bank Warns Against Crypto Assets
The report of Canadian Central Bank has stated that although crypto assets like BTC are commonly accepted by institutional investors, they are still risky. Accordingly, the volatility of the cryptocurrency is a vulnerability to Canada's financial system and stable coins pose a risk to the country's monetary system.
China State Council's Crypto Statements
While the State Council of the People's Republic of China has suggested bringing an end to Bitcoin mining and trading, the Vice President Liu He has stated that they will introduce strict Bitcoin mining regulations.
Larry Summers Thinks Bitcoin is the Digital Gold
Former U.S. Treasury Secretary and Chief Economist at the World Bank Larry Summers has stated that crypto assets will be permanent and Bitcoin will remain digital gold.
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