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New Kenyan Digital Tax to Affect Crypto Platforms
8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...
Why Ukraine Is Ripe for Cryptocurrency Adoption
5.8.2020
A relatively unstable state – with a technically sophisticated population – creates a fertile ground for crypto adoption
Is Bitcoin Mining Legal in India? Miners Still Don’t Know
28.7.2020
Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal
Malaysian Watchdog Plans to Extend Crypto Regulations to Wallet Providers
24.7.2020
The nation's Securities Commission is seeking feedback before finalizing new rules to be applied to digital asset wallet services
Uncertain Regulations Block Indian Banks’ Entry Into Crypto, Says Expert
24.7.2020
Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space
Korean Exchanges Struggle With Expansion Amid Uncertain Regulations
20.7.2020
Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity
South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards
15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....
Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’
14.7.2020
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class
Bitcoin Prize For Winners Of South Africa Mountain Bike Race
11.7.2020
About 150 mountain bikers will compete at this year’s edition of the Munga MTB race in South Africa. The race will commence in the first week of December. The top three finishers in each category will share the 1.5 bitcoin in prize money. The Bitstamp sponsored race was launched in 2015....
Chances of Indian Crypto Ban Low Compared to 2019, Says Crypto Veteran
29.6.2020
The CEO of CoinSwitch shares his insights about the possibility of a cryptocurrency blanket ban in India
BitLicense at 5: Despite Architect Lawsky’s Hopes, Few States Copied NY Rules
24.6.2020
Few states have developed their own cryptocurrency regulations – and none that did build a regulatory regime have followed the New York model
New York Moves to Lure Crypto Startups as BitLicense Turns Five
24.6.2020
Five years after erecting a wall around its market few crypto startups could scale – a wall known as the BitLicense – New York is handing down a ladder
Spain’s Crypto Firms to Face New Registration Requirements Under EU-Driven Bill
23.6.2020
Spain is finally getting around to amending its AML laws six months after EU deadline for compliance. The public comment period on that amendment ends today
Stellar Proposes Changes Allowing Exchanges to Better Enforce Regulations
17.6.2020
If approved, a new Stellar upgrade means exchanges can prevent investors purchasing more than they are legally allowed to
Spanish Parliament Set to Decide Fate of Crypto Exchanges Regulations
16.6.2020
Soure: Adobe/AlekseyIvanov
The Spanish parliament is set to vote on a new crypto exchange regulation law in the “second half of 2020” – after the country’s Ministry of Economic Affairs and Digital Transformation announced it was preparing to police the nation’s trading platforms.
Per an official...
Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization
14.6.2020
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking...
Turkish Stablecoin Issuer Predicts New Blockchain Regulations
14.6.2020
The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
3.6.2020
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On...
Bitcoin ATMs Face Tighter Regulations Over Money Laundering
3.6.2020
The global regulatory landscape is tightening for crypto ATM operators
Libra Exec Hirings Suggest Commitment to Anti-Crypto Regulations
25.5.2020
Most crypto pundits believe that Libra’s revised white paper and recent hirings signify a major shift in the company’s willingness to adhere to the SEC’s existing monetary framework