Thursday Jul 04, 2024
Global Crypto Regulations: SEC Actions, EU Stablecoin Rules, and More
In this episode, we dive into the latest developments in cryptocurrency regulations worldwide. From the SEC's actions against crypto companies to the EU's new stablecoin rules, we cover the most significant changes. We also discuss how countries like Hong Kong, Japan, and Russia are adapting to the evolving digital asset landscape and what the future may hold for crypto taxation and cross-border transactions.
Sources:
https://www.pymnts.com/cryptocurrency/2024/cryptos-three-priorities-for-2024-interoperability-acceptance-regulation/
https://coinpedia.org/news/coinbase-vs-sec-gary-gensler-under-attack-to-produce-relevant-documents-regarding-his-stance-on-exchanges-and-crypto-regulations/
https://bitcoinist.com/regulatory-reboot-hong-kong-to-adjust-crypto-laws/
https://www.blockhead.co/2024/07/04/hong-kong-reviews-excessively-stringent-crypto-regulation/
https://dailyhodl.com/2024/07/03/japan-is-on-a-web-3-0-hot-streak-and-the-world-should-take-notes/
https://theprint.in/tech/russian-regulator-encourages-use-of-crypto-to-counter-sanctions/2159524/
https://crypto.news/2025-is-the-year-for-crypto-stablecoin-regulation/
https://www.forbes.com/sites/matthewerskine/2024/07/03/treasury-issues-final-regulations-0n-digital-asset-reporting-a-mixed-bag-for-the-crypto-industry/
https://crypto.news/russias-central-bank-might-legalize-stablecoins-for-trades-with-china-report/
https://ambcrypto.com/circles-usdc-gets-approved-under-mica-crypto-rules-game-changer-for-europe/
Outline:
(00:00:00) Introduction
(00:00:34) SEC takes regulatory actions against crypto companies
(00:03:12) Hong Kong adapts cryptocurrency regulations
(00:05:57) Japan embraces digital assets and blockchain technology
(00:07:34) Russia advises businesses to use cryptocurrencies for international payments
(00:10:16) EU introduces stablecoin regulations
(00:11:55) Treasury Department and IRS release crypto tax regulations
(00:13:35) Bank of Russia considers legalizing stablecoins for cross-border transactions
(00:14:59) Circle secures EU approval for USDC under MiCA framework