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US Senators Push Bill to Make Small Crypto Transactions Tax-Free
26.7.2022
Prominent U.S. senators are trying to free Americans from tracking taxes every time cryptocurrencies change hands, introducing a bill that would exempt them from reporting any transactions up to $50 or any trade in which they earn less than $50
SEC Probing Coinbase for Allegedly Listing Securities: Report
26.7.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly probing crypto exchange Coinbase, a publicly-traded company it oversees, on suspicion it allowed U.S. persons to trade unregistered securities
Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’
26.7.2022
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe...
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
25.7.2022
A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input
US Rep. Josh Gottheimer Proposes $3M Boost to Treasury’s Crypto Crime-Fighting Unit
25.7.2022
U.S. Congressman Josh Gottheimer (D-N.J.) has proposed an amendment to a federal budget bill that would give the Treasury Department an additional $3 million to fight crypto-related crime in 2023
European Crypto Exchange Bitstamp Registers to Operate in Italy
25.7.2022
Bitstamp is the latest crypto exchange to register with Italy's financial regulator
Fed policy and crumbling market sentiment could send the total crypto market cap back under $1T
25.7.2022
Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making
US CFTC to Intensify Crypto Work With New Tech Innovation Office
25.7.2022
One of the top U.S. crypto regulators, the Commodity Futures Trading Commission, is adding firepower to its oversight by creating a new Office of Technology Innovation, said agency chief Rostin Behnam
Taiwan Set to Ban Crypto Purchases Using Credit Cards: Report
22.7.2022
The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants
SEC Calls 9 Cryptos 'Securities' in Insider Trading Case
21.7.2022
The SEC and DOJ brought insider trading charges against three people Thursday, but assertions that nine cryptocurrencies are securities may hold greater implications
Ex-Coinbase Manager Among 3 Arrested on Crypto Insider Trading Charges
21.7.2022
The U.S. Department of Justice arrested former Coinbase product manager Ishan Wahi and charged two others on charges of insider trading
ECB Exits Negative Interest Rate Policy With 50 Basis Point Hike; Bitcoin Steady
21.7.2022
The ECB's first rate hike comes four months after the Fed kicked off its tightening cycle, sending risk assets lower
South Korea Postpones 20% Crypto Tax to 2025
21.7.2022
The government announced its 2022 Tax Reform Bill on Thursday, which states the planned virtual asset tax, already delayed by a year, will be postponed further
Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor
21.7.2022
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable...
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
20.7.2022
Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks
UK Markets Bill Extends Banking Rules to Crypto Assets
20.7.2022
The U.K. introduced the bill to parliament earlier Wednesday, but lawmakers won’t take up the measure until later in the week
UK Regulators to Introduce Rules for Stablecoins in New Markets Bill
20.7.2022
The much-anticipated financial services and markets bill presented to the country’s parliament includes rules for stablecoins as a means of payment
Japan's Self Regulatory Project in Peril as Financial Regulator Reprimands Crypto Advocacy Group: Report
20.7.2022
The country's crypto self-regulatory body has received an “extremely stern warning” from financial regulators over delays in anti-money laundering rules and poor governance
Crypto Custodian BitGo Cleared to Operate in Italy
19.7.2022
Despite regulatory uncertainty, the crypto custody provider isn’t the only firm that has recently entered the European nation
FTX's Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry
19.7.2022
FTX co-founder and CEO Sam Bankman-Fried said he is unbothered by losing a certain amount of money if his bailouts keep the crypto infrastructure humming