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PortuguêsFramed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. The Israeli government is…
Continue ReadingDemocratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks. Senator and former United States presidential candidate Elizabeth Warren believes that the digital…
Continue ReadingA new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally. The Kazakhstan government is reportedly planning to officially authorize local banking institutions to…
Continue ReadingThe Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued. Blockchain Australia, a major association…
Continue Reading“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said. Securities and Exchange Commissioner (SEC)…
Continue ReadingGovernment and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using…
Continue ReadingRBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo. The Reserve Bank of India, or RBI, continues to investigate…
Continue ReadingMost transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution. Way back in 2014, the United States Internal Revenue Service (IRS) ruled…
Continue ReadingThe Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce…
Continue ReadingThe European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity. The European Commission has submitted a new proposal which would require…
Continue ReadingConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X. The central bank of South Korea has chosen a blockchain subsidiary…
Continue ReadingThe Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land. Mumbai-based crypto exchange WazirX has…
Continue ReadingThe legal draft places a minimum capital requirement for crypto businesses operating in Turkey. The Turkish Ministry of Treasury and Finance announced that a draft bill to establish a legal…
Continue ReadingJapanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins. Japan is strengthening its efforts to regulate digital currencies on a…
Continue ReadingJackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation. United States’ city of Jackson, Tennessee, continues exploring a potential dive…
Continue ReadingThe Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments. The U.S. Department of State has announced it will be taking a seemingly more active role in…
Continue ReadingIndia’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV. Amid the ongoing regulatory uncertainty…
Continue ReadingThe Anhui government is addressing growing electricity demand by shutting down local crypto mining operations. The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining…
Continue ReadingWhat would it look like if governments were to embrace and support the Bitcoin network? Investing In Hope You know the New Deal — a massive and unprecedented effort the…
Continue ReadingOK Group will start working with Chinese authorities to combat money laundering using distributed ledger technology. OK Group, a blockchain technology firm formerly behind cryptocurrency exchange OKEx, will start working…
Continue ReadingWu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as “a hub for crypto innovations.” Jihan Wu, crypto billionaire and the co-founder…
Continue ReadingThe new investment aims to explore blockchain’s capability to expand the competitiveness of Australia’s critical minerals and food and beverage industries. Australia’s Minister for Industry, Science and Technology announced 5.6 million…
Continue ReadingAs a part of the 2023-2026 strategy, CBUAE intends to be among the world’s top 10 regulators. The United Arab Emirates becomes the latest country to join the race for…
Continue ReadingThe United Kingdom’s Advertising Standards Authority is increasing its capacity to track misleading crypto ads using AI and scraping. Amid the United Kingdom taking a tougher regulatory stance on the…
Continue ReadingThe central banks of France and Singapore are working on a digital currency interoperability system supporting multiple global CBDCs. Financial authorities in France and Singapore are actively exploring the cross-border…
Continue ReadingWhile Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. The Chinese central bank is…
Continue ReadingRussia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime. Russian lawmakers…
Continue ReadingMonobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month. As the Ukrainian government progresses with cryptocurrency-related legislation, a major local…
Continue ReadingVietnamese news outlets have reported that the country’s prime minister, Phạm Minh Chính, has tasked the State Bank with studying and conducting a pilot for a digital currency. The State…
Continue ReadingThe digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued. Japan will have more clarity on the design of its…
Continue ReadingHere’s what crypto and blockchain experts think about Salvadoran President Nayib Bukele’s announcement that Bitcoin is now legal tender. Wouter Witvoet, CEO of DeFi Technologies: “In the past, El Salvador…
Continue ReadingThai SEC and the Cayman Islands Monetary Authority are the latest regulators to join the global scrutiny against Binance. Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny…
Continue ReadingVictoria Nuland said the United States was taking a “tough look at Bitcoin” following a major ransomware attack and suggested El Salvador take a similar approach. The U.S. Department of…
Continue ReadingThe Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship. The Monetary Authority of Singapore, the…
Continue ReadingBTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com. BTCChina, the operator of China’s oldest Bitcoin (BTC) exchange, is no longer in the crypto business, according to…
Continue ReadingHow can nation states capitalize on this major technological advancement? The exciting thing about predicting a Bitcoin future is there is very little direct history to draw on. Everything is…
Continue ReadingAn exploration into the country’s crypto landscape today and what it means for the future of the digital asset industry in Canada. Digital currencies are quickly becoming more mainstream within…
Continue ReadingGlobal economists continue to question the implications of blockchain implementation for central bank digital currencies. Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), is not the right solution for…
Continue ReadingThe process leading Bitcoin to the status of world reserve currency could take a decade, according to Kraken’s growth lead. Bitcoin has a good chance of becoming the world reserve…
Continue ReadingBlockchain development is one of four major programs in Bogotá’s new tech innovation fund. Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in…
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