Category: Regulation
Cryptocurrency Regulation News
Russia Supplying Electricity For Crypto Miners In Kazakhstan
Amidst the war with Ukraine, Russia is catering to Kazakhstan’s energy needs after an amendment in the partnership between the two countries. The partnership will…
India Freezes More Bitcoin And Tether In Wazirx Investigation
The Directorate of Enforcement (ED) in India announced that it had frozen more crypto in its investigation, which includes bitcoin, the tether stablecoin and the…
US Lawmaker Hints At Calling For Vote Over Crypto Policies In 2022 Mid-Terms
Patrick McHenry, the North Carolina Representative, recently made a virtual appearance at a crypto conference. The US lawmaker may have used this as a soapbox…
US SEC Goes After Another Crypto Firm Alleging Solicitation Of Unregistered Securities
In recent years, the US Securities and Exchange Commission has shown a lot of aggression against cryptocurrency projects. It tends to take legal action against…
CFTC Commissioner Proposes Office For Retail Crypto Investors
Caroline Pham of the Commodity Futures Trading Commission (CFTC) in the US has proposed that a dedicated office be set up for focusing on retail…
Bank Of Ghana To Use CBDC Project To Foster Financial Inclusion
With a greater number of countries making progress in the development and implementation of their respective central bank digital currencies (CBDC), the central bank of…
Kenyan Central Bank Against Reserves’ Conversion Into Bitcoin
Patrick Njoroge, the governor of the Kenyan central bank, believes that it is ‘craziness’ to even think about converting the reserves of the country into…
Brazilian Federal Police Launches Operation Involving 6 Crypto Exchanges
Operation Colossus is a movement that was launched by the Brazilian Federal Police as well as the Brazilian tax authority, which has now entered its…
Binance Hires Former Obama Advisor For Global Advisory Board
The world’s largest crypto exchange announced that it is establishing a Global Advisory Board, essentially a strategic council of experts. Its purpose will be to…
Binance Opening Two Offices In Brazil And Gives Debit Card Hints
The biggest crypto exchange in the world in terms of its trading volumes is Binance and it is currently expanding its operations in Brazil. The…
Binance Sees Indian Users Increase After New Crypto Tax
Crypto exchange Binance has seen the number of users from Indian rise significantly, after taxes were levied on crypto transactions by the Indian government. However,…
Uruguay Introduces Cryptocurrency Law In Parliament
The executive power introduced a new crypto bill to the Parliament of Uruguay. The purpose of the bill is to seek clarification on the regulation…
US SEC Setting Up Dedicated Office For Reviewing Crypto Filings
The Securities and Exchange Commission (SEC) in the US has decided to set up a dedicated office that will review all filings related to cryptocurrencies….
Tax Authority In Brazil Registers High Number Of Crypto Statements
The tax authority in Brazil (RFB) recently disclosed the number of cryptocurrency statements that it received in the month of July. The month saw more…
Argentinian Tax Authority Wins Case For Confiscating Funds From Digital Account
A historic win was recorded by the tax authority in Argentina in regard to a case of seizing the funds from a digital account that…
President Of Paraguay Vetoes Crypto Bill
Mario Abdo, the President of Paraguay, vetoed a crypto bill that had recently received approval. According to the president’s veto degree, crypto mining is a…
People Using Crypto for Most Common Things Make Cryptocurrency Adoption Vast in Australia
For years, the cryptocurrency industry has sought mainstream and retail recognition in the real world. However, the cryptocurrency sector had to face many hurdles and…
Crypto.com to Carry Out Cryptocurrency Asset Activities in UK
Crypto.com recently shared a piece of exciting news with the cryptocurrency community-based in the United Kingdom. The digital asset exchange has announced it will be…
New Proposal May See Tax on Cryptocurrencies Reduced Significantly
The two most reputed entities advocating cryptocurrencies in Japan have recently submitted a request for tax reforms for cryptocurrencies. The entities Crypto-Asset Exchange Association (JVCEA)…
MicroStrategy CEO Asks Government for Crypto Regulation
MicroStrategy is one of the most renowned institutional holders of Bitcoin (BTC) in the industry. The company’s chief executive is urging the government to regulate…
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