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Reserve Bank of India mulls first steps toward an eventual CBDC
22.7.2021
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo
Get a passport, pay crypto, live tax-free?
22.7.2021
Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution
SEC Chairman says cryptocurrency falls under security-based swaps rules
21.7.2021
More rules are coming for the cryptocurrency space, according to SEC Chairman Gary Gensler
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The 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 taxation for crypto holdings and specific capital requirements for companies operating with digital...
Georgian Government Embraces Blockchain to Promote Its Wines Globally
21.7.2021
As Georgia seeks to bring its millennia-old wine industry into the 21st century, it is collaborating with blockchain platform Wiv to put the nation’s winemakers in front of a global audience of wine collectors, producers, and merchants. Move Brings Wines and Accompanying Provenance...
New EU proposal looks to tighten regulations for sending cryptocurrency
20.7.2021
The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity
Bank of Korea selects Kakao’s blockchain arm for digital won tests
20.7.2021
ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
20.7.2021
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via...
French government pushes for one agency to regulate crypto across the EU
19.7.2021
The proposal would result in uniform regulations for digital currency across the EU
Indian regulator probes crypto exchange for alleged forex law violations
19.7.2021
The 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
Turkey’s crypto bill ready for parliament, says Deputy Minister of Finance
19.7.2021
The legal draft places a minimum capital requirement for crypto businesses operating in Turkey
Report Claims Nayib Bukele’s Regime May Issue a Salvadoran Stablecoin
18.7.2021
According to regional reports, El Salvador’s current leadership is in the midst of developing a stablecoin backed by the U.S. dollar. Meanwhile, others believe the stablecoin idea was scrapped now that Nayib Bukele’s government chose to leverage bitcoin. Some Say the Colón-Dollar...
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program
16.7.2021
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information on foreign malicious cyber activity against U.S. critical infrastructure.” The department further said that “Reward payments may include payments...
Japan to reportedly take action to scrutinize crypto globally
16.7.2021
Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins
Tennessee city wants to accept property tax payments in Bitcoin
16.7.2021
Jackson Mayor Scott Conger believes that Bitcoin is the only solution to fix inflation and the U.S. dollar devaluation
Michael Saylor doesn't think Bitcoin is ‘going to be currency in the US ever’
16.7.2021
The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
15.7.2021
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s...
US government delves deeper into crypto accountability with $10M bounty
15.7.2021
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments
Indian high court seeks ad disclaimers from crypto exchanges
15.7.2021
India’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
Tanzania Announces Plans to Create Blockchain Advisory Team as Country Moves to Adopt Crypto
14.7.2021
In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Communication Technology (ICT) minister Faustine Ndugulile, will consist...