Tag: financial policy

US Crypto Bill a Mistake? Why Global Rules Are Needed Now More Than Ever

US Crypto Bill a Mistake? Why Global Rules Are Needed Now More Than Ever

• Commentary

The US GENIUS Act. Sounds impressive, right? A big, likely commendable, step forward in the Wild West of crypto regulation, to finally tame the stablecoin beast. But what if this “brilliant” move ends up spawning a global regulatory nightmare? Now that’s something to chew on! But what if, in its...

Senate Approves GENIUS Act, Setting Stage for Stablecoin Regulation Amidst Opposition

Senate Approves GENIUS Act, Setting Stage for Stablecoin Regulation Amidst Opposition

• Regulation

The Senate has passed the GENIUS Act by a vote of 68-30, marking a significant step toward regulating cryptocurrencies, particularly stablecoins. This bill aims to establish a regulatory framework for the burgeoning digital currency market, offering consumer safeguards and paving the way for traditional financial firms to enter the space....

Senate Advances GENIUS Act, Aiming to Regulate Stablecoins and Secure U.S. Dollar Dominance

Senate Advances GENIUS Act, Aiming to Regulate Stablecoins and Secure U.S. Dollar Dominance

• Regulation

The U.S. Senate is moving closer to regulating the burgeoning stablecoin market with the "Guaranteeing National Integrity and Undermining Russian (GENIUS) Aggression Act" (GENIUS Act). A new bipartisan competition bill has been introduced, largely at the instigation of Republican Senator Bill Hagerty from Tennessee and Democrat Senator Kirsten Gillibrand from...

Bitcoin Regulation: Is the 'Clarity Act' Just a Wolf in Sheep's Clothing?

Bitcoin Regulation: Is the 'Clarity Act' Just a Wolf in Sheep's Clothing?

• Commentary

On the surface, Clarity for Digital Assets Act just sounds great, right? A shining light of stability in the chaotic landscape of cryptocurrency. But before we uncork the champagne and celebrate a regulatory utopia, let's ask ourselves a crucial question: are we mistaking a carefully crafted trap for a genuine...

El Salvador Doubles Down: Why They're Still Buying Bitcoin

El Salvador Doubles Down: Why They're Still Buying Bitcoin

• Facts

Despite multiple cautions from the International Monetary Fund (IMF), El Salvador doubles down on its Bitcoin (BTC) accumulation strategy. President Nayib Bukele is still committed to Bitcoin, maintaining that it helps the country as a long-term national reserve asset. This steadfast dedication begs many questions about the country’s economic plan...

Crypto Regulation Incoming? Decoding the House's New Draft Bill

Crypto Regulation Incoming? Decoding the House's New Draft Bill

• Facts

Cryptocurrency is on the cusp of transformative change. The U.S. House of Representatives is in the midst of negotiating new legislation that would more clearly and comprehensively establish a regulatory framework for digital assets. Here’s our breakdown of the major provisions included in this draft bill. It takes a close...

Oz Election: Crypto Laws Coming, No Matter Who Wins!

Oz Election: Crypto Laws Coming, No Matter Who Wins!

• Facts

Australia’s crypto landscape is poised for a drastic overhaul. Whether the ruling Australian Labor Party (ALP) or the opposition Liberal Party prevails in the next election, one thing is clear: comprehensive crypto regulations are on the horizon. DeliciousNFT.com is here to break down what these changes mean for investors and...

UK's Crypto U-Turn: Is Alignment With US a Mistake?

UK's Crypto U-Turn: Is Alignment With US a Mistake?

• Commentary

The UK Treasury’s borrowing of US crypto regulation is worth raising an eyebrow over, and frankly speaking, it should be a lot more than just that. That unspoken assumption, that what is good for Wall Street must be good for the UK, is very dangerous. So we’re not just talking...

UK-US Crypto Alliance: A Regulatory Power Grab or Global Standard?

UK-US Crypto Alliance: A Regulatory Power Grab or Global Standard?

• Commentary

Is this really the dawn of responsible crypto, or a velvet-gloved land grab by traditional finance. Meanwhile, the UK has just announced its own proposed regulatory framework for crypto. This step, combined with its eagerness to work with the US on digital asset policy, has created an important conversation. Or...

El Salvador Seeks Cross-Border Crypto Regulation with U.S. SEC

El Salvador Seeks Cross-Border Crypto Regulation with U.S. SEC

• Regulation

El Salvador’s digital asset regulator, the National Bitcoin Office, a media popular joint regulatory sandbox with the U.S. Securities and Exchange Commission (SEC). The Comisión Nacional de Activos Digitales (CNAD) is at the helm of this effort. Its purpose is to improve international collaboration in regulating digital assets. This move...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...