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Crypto’s Role in Terrorism Financing Overestimated, Chainalysis Shows
20.10.2023
Inaccurate methodologies have resulted in overstated metrics about the use of cryptocurrency by terror groups fighting Israel, according to Chainalysis. The analytics company has tried to “correct the record” on crypto’s role in terrorism financing amid ongoing hostilities in the Middle East....
Central Bank Group Unveils Data Project Mapping Crypto Transfers
4.10.2023
The new data source, which also maps off-chain flows, could underpin future crypto regulations, according to the German-Dutch central bank project
UK's Travel Rule comes into effect, could halt certain crypto transfers
1.9.2023
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain
Binance Launches Send Cash For Quick and Low-Cost Crypto Transfers in Nine Latin American Countries
30.8.2023
Following Binance's suspension of its cryptocurrency debit card services, Binance is introducing a new product in Latin America called "Send Cash," which enables users from 9 countries in the region to transfer crypto using Binance Pay.
In its statement on Tuesday, Binance ‘Send Cash’ will enable...
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
8.5.2023
Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
5.5.2023
Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year
Venmo will enable fiat-to-crypto payments in May
28.4.2023
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address
EU lawmakers push for stricter rules on anonymous crypto transfers
29.3.2023
The legislation was one of several laws designed to combat money laundering and terrorist financing, receiving 99 votes in favor, eight votes against, and six abstentions
Bahamas Regulator Takes Action to Seize FTX’s Cryptocurrencies to ‘Protect’ Clients and Creditors
19.11.2022
The Securities Commission of the Bahamas has ordered crypto exchange FTX to transfer its cryptocurrencies to a wallet controlled by the regulator. The “Urgent interim regulatory action was necessary to protect the interests” of FTX’s clients and creditors, said the regulator....
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...
Ethereum Wallet Metamask Adds Bank-to-Crypto Transfers via Sardine
16.10.2022
According to a Consensys blog post published on October 11, the Ethereum-based wallet Metamask has added instant bank-to-crypto transfers via the automated clearing house (ACH) settlement merchant Sardine. Metamask Users Can Swap Fiat for Over 30 Crypto Tokens On Tuesday, the crypto firm Consensys...
Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains
10.10.2022
The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end
Voyager Kept Taking Buy Orders after Freezing Crypto Transfers. Now, This Trader is Stuck
6.9.2022
Voyager kept processing crypto buys even after the now-bankrupt firm shut down withdrawals on July 1, creating a purgatory where clients could throw good money after bad
PayPal enables transfer of digital currencies to external wallets
7.6.2022
The move comes after nearly two years since PayPal enabled users to buy and sell crypto on its platform
Thailand Exempts Crypto Transfers From VAT Until End of 2023
25.5.2022
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...
Coinbase to track off-platform crypto transfers in Canada, Singapore, Japan
26.3.2022
Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets
Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan
25.3.2022
Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April
Regulators in Ukraine, Russia Tell Banks to Block Certain Types of Crypto Transfers
21.3.2022
Banks on both sides of the Russia-Ukraine war are taking measures to restrict the flow of crypto funds overseas, with central banks keen to limit private citizens from making crypto-related cross-border transactions through banks....
Read More: Regulators in Ukraine, Russia Tell Banks to Block...
Bitso Going All-in on Football Crypto Transfers, Sponsorships in LATM as World Cup Approaches
15.2.2022
The link between Latin American football and crypto is continuing to deepen this year – with a flurry of activity surrounding some of the region’s biggest football teams, star players, and its most heavily backed crypto exchanges.
Early this month, Tigres Femenil – the women’s football club...
Robinhood’s Crypto Wallet Plans May Spur Similar Moves By Competitors
21.9.2021
d beta version of the app’s version for Apple’s iOS operational system. The new software comprises a hidden image showing a waitlist page for customers signing up for a crypto wallet feature, as well as code related to crypto transfers, Bloomberg