Regulation

Fed Vice Chair Michelle Bowman’s recent remarks signal a potential shift towards deregulation to boost credit flow. Analysts believe this preparation for a softer economy could increase liquidity, benefiting Bitcoin in the medium term, though short-term volatility is likely.

China’s central bank has reaffirmed its total ban on all cryptocurrency activities, announcing stricter enforcement measures. The news has contributed to a sharp drop in Bitcoin’s price, which fell towards $86,000 amid broader market uncertainty.

KuCoin has secured a MiCA license from Austrian regulators, allowing it to resume operations across 27 European countries, including the Netherlands, after ceasing services last year due to a lack of proper licensing.

A Spanish political party, Sumar, has proposed a plan to tax crypto profits as regular income, which could push the tax rate as high as 47%. The controversial plan has drawn criticism for potentially driving investors away, while also reflecting a global trend of governments implementing stricter crypto regulations.

Grayscale has filed to convert its Zcash Trust into an ETF, potentially creating the first fund dedicated to the privacy coin. However, regulatory approval remains uncertain given authorities’ general skepticism toward privacy-focused cryptocurrencies.

Dutch Bitcoin startup Blockrise has secured a MiCA license, allowing it to offer regulated Bitcoin services across the EU. The company plans to expand with a €15 million funding round and introduce Bitcoin-backed loans, aiming to become a major European player despite Bitcoin’s recent price volatility.

The European Central Bank has issued a stark warning about the risks posed by the rapidly growing stablecoin market, citing potential capital flight from eurozone banks and the threat of a ‘digital bank run’ that could trigger a global financial crisis. However, industry figures counter that stablecoins, with their full reserve requirements, could actually enhance financial stability.

The Dutch Authority for the Financial Markets (AFM) is warning about the rise of AI-powered financial fraud. Criminals are using deepfakes and hyper-personalized scams to deceive investors on a massive scale, making fraudulent schemes more convincing than ever.

Despite the global rise of digital assets, the top 10 online casinos in the Netherlands do not accept cryptocurrency payments. This article explores the strict regulatory oversight from the Kansspelautoriteit (Ksa), concerns over transaction transparency, and the volatility of crypto as key reasons for this exclusion.

Firas Isa and his company Crypto Dispensers have been charged with laundering at least €9 million through cryptocurrency ATMs, highlighting regulatory concerns over crypto infrastructure vulnerabilities.