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IRS Seeks to Tax NFTs Like Other Collectibles
21.3.2023
Digital proofs of ownership will be taxed like the underlying assets until rules on how to treat assets in retirement accounts are finalized
India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users
21.3.2023
India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions in order to maintain anonymity
UK Crypto ‘Whitelist’ Needed to Solve Debanking, Lobby Group Says
21.3.2023
British banks have said they keep people away from crypto for their customers' own protection
EU Crypto Banking License Procedures Are too Inconsistent, ECB Says
21.3.2023
The eurozone supervisor is seeking to smooth out a process dominated by German and Luxembourgish banks
Circle Seeks to Register in France, Ramping Up European Play
21.3.2023
The stablecoin issuer wants to expand European operations and prepare for new reserve requirements under the EU’s MiCA law
U.S. Supreme Court to Hear First Crypto Case Tuesday
20.3.2023
The U.S. Supreme Court will hear arguments in its first ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class action lawsuits against the exchange
It’s ‘Critical’ Crypto Innovation Stays in U.S., Former White House Adviser Says
20.3.2023
If crypto and financial developments move overseas, it could be a threat to U.S. national security, Carole House, co-author of President Biden’s executive order on crypto, said
Florida Governor Ron DeSantis Proposes Law to Ban CBDCs
20.3.2023
The Biden Administration is currently studying the possibility of introducing a central bank digital currency
No Crypto Banking Port Has Really Opened Up in This U.S. Storm
20.3.2023
The biggest U.S. banks have not stepped forward to welcome homeless crypto businesses scrambling for banking services after fleeing the wreckage of Silvergate Bank, Signature Bank and Silicon Valley Bank
Belgian Crypto Ads Must Warn of Risks Under New Rules
20.3.2023
The Financial Services and Markets Authority will have to be notified of major ad campaigns, as a survey reveals crypto investors are often trying to get rich quick
Crypto.com Gets Closer to an Operational License in Dubai
20.3.2023
Singapore-based digital asset trading platform Crypto.com has received a preparatory license from Dubai's Virtual Digital Assets regulator
EU’s MiCA Crypto Law Debate Scheduled for April 18
20.3.2023
A final vote on the bloc’s Markets in Crypto Assets Regulation, which brings in a new licensing regime, is due April 19
FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings
20.3.2023
The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, the company alleged
Taiwan’s Crypto Industry Welcomes Regulatory Announcement
20.3.2023
FSC chairman confirms that the island’s top financial watchdog will regulate crypto
Signature Bank Non-Crypto Related Deposits to Be Assumed by New York Community Bancorp Unit: FDIC
20.3.2023
The 40 former branches of Signature Bank will operate under New York Community Bancorp's Flagstar Bank, N.A., as of Monday
Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos
18.3.2023
Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank...
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change
17.3.2023
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets...
Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed
17.3.2023
But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”
Netherlands Will Take Tough Line Enforcing MiCA, Dutch Regulator Says
17.3.2023
Laura van Geest said she won’t undercut new EU crypto laws even if that drives business from the country
Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis
17.3.2023
Johan van Overtveldt, economic spokesperson for the right-wing ECR political party in the European Parliament, compared crypto to drugs