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Nalezeno "Crypto assets": 1769

UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites


The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines....

Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets


Denmark’s Financial Supervisory Authority (FSA) has directed Saxo Bank, a Copenhagen-based multi-asset broker, to dump its cryptocurrency holdings. The bank’s trading in crypto assets for its own account is found to be “outside the legal business area of financial institutions,” the regulator...

Africa’s Crypto Market Grew by 1,200% Between 2020 and 2021 — Study


Between the years 2020 and 2021, Africa’s cryptocurrency market grew by more than 1,200% while Kenya, Nigeria, South Africa, and Tanzania now all feature in the global top 20 for crypto adoption, according to the latest Emurgo State of Web 3.0 in Africa report. Africa’s Share of Global...

Slovakia to Lower Tax on Income From Crypto Holdings


Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...

European Banks to Disclose Exposure to Crypto Assets


Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...

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