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PortuguêsAuthorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they…
Continue ReadingCryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted…
Continue ReadingMembers of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards…
Continue ReadingThe recent addition to the infrastructure bill is an affront to the progression of the Bitcoin industry in the United States. The following article was previously published by Tax Notes,…
Continue ReadingCryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also…
Continue ReadingThe regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins…
Continue ReadingLeading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow…
Continue ReadingThe parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status…
Continue ReadingThe Celsius CEO is also seeking clarity for similar products while Mark Cuban advises going on the offensive. Support for Coinbase and its CEO, Brian Armstrong, has been pouring from…
Continue ReadingThe regulatory battle with DeFi is heating up. The SEC now seemingly has it’s eyes set on arguably the largest cryptocurrency exchange in the United States. The news comes after…
Continue ReadingRegulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair. Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal…
Continue ReadingSouth Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply…
Continue ReadingAn overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have…
Continue ReadingSEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term. Crypto assets will not last long outside of a…
Continue ReadingFTX CEO Sam Bankman-Fried says derivatives are necessary to bolster the liquidity and efficiency of markets. The chief executive of crypto derivatives exchange FTX, Sam Bankman-Fried (SBF), has argued that…
Continue ReadingCryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is…
Continue ReadingCoinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans. Coinbase’s Global VP of…
Continue ReadingFormer FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year. The United States Congress appears to…
Continue ReadingEl Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin. The central bank of El Salvador, Banco Central de Reserva (BCR), has published…
Continue ReadingBinance is currently the largest exchange in the world in terms of the daily trading volume. It is incorporated in the Cayman Islands and has an office in Singapore. It,…
Continue ReadingU.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary…
Continue ReadingWith bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The…
Continue ReadingOn August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations…
Continue ReadingThe Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing…
Continue ReadingThe Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the…
Continue ReadingResidents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly…
Continue ReadingThe cryptocurrency industry might soon be flooded with different kinds of rules to checkmate its operations. The recent developments in the sector point towards a new SEC rule that will…
Continue ReadingCurrent regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT…
Continue ReadingPresident Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new legislation, which aligns Ukrainian regulations with EU…
Continue ReadingSynthetic tokens and tokenized stocks have made it onto Uniswap Labs’ black list as regulatory concerns mount. The world’s leading decentralized exchange, Uniswap, has announced the delisting of a number…
Continue ReadingBanks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the…
Continue ReadingBinance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange…
Continue ReadingOverseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a…
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 ReadingLeading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South…
Continue ReadingRepresentatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was…
Continue ReadingThe U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of the…
Continue ReadingBinance.us has hired Manuel Alvarez, a former financial regulator from California, to work as its chief administrative officer. The San Francisco-based crypto exchange, which sources technology from Binance, is aiming…
Continue ReadingThe European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans…
Continue ReadingThere has been a lot of developments in the crypto space since its inception. But it seems that the regulatory authorities are wakening up to strengthen the system. Amid such…
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