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Polygon's Supernet, Stripe's Crypto Move, Ulbricht's Bitcoin Deal, Macron on Crypto Regulation + More News
22.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon's Supernet, Stripe's Crypto Move, Ulbricht's Bitcoin Deal, Macron on Crypto Regulation + More News
National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia
22.4.2022
The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens...
Ukrainian Central Bank’s ‘Quasi-Cash Transaction’ Restrictions Could Affect Crypto Users
22.4.2022
Ukraine’s central bank, the National Bank of Ukraine (NBU), has placed additional restrictions on its citizens’ cross-border money and asset transfers, a measure that will affect crypto transactions....
Read More: Ukrainian Central Bank’s ‘Quasi-Cash Transaction’ Restrictions Could Affect Crypto...
Russian Tax Body Suggests Allowing Crypto Pay in Trade Deals, Digital Ruble May Be Ready by 2023
22.4.2022
The Russian tax agency reportedly wants to allow companies involved in cross-border trade to accept crypto as a form of payment – and pay foreign exporters in cryptoassets. And the Central Bank has claimed that its digital ruble could be ready as soon as next year....
Read More: Russian Tax Body...
IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...
Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto
22.4.2022
The regulator says it’s “committed to keeping pace” with the risks of “the growth of crypto assets”, upping its budget by $31 million in preparation
EU officials considered Bitcoin trading ban to enforce proposed mining ban
22.4.2022
Previously unseen documents detailing the EU’s conversations around banning Bitcoin have come to light following a freedom of information request
OCC issues order against Anchorage Digital over AML compliance
22.4.2022
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks
US lawmakers sound alarm to EPA over environment concerns of crypto mining
21.4.2022
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities
Australian Regulator Develops New Policy Roadmap for Crypto
21.4.2022
The Australian Prudential Regulation Authority (APRA) released a set of initial risk management expectations for all regulated entities involved in activities related to cryptoassets. The regulator also issued a policy roadmap until 2025....
Read More: Australian Regulator Develops New Policy...
The Bahamian government hopes to allow residents to pay taxes with digital assets in 2022
21.4.2022
“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas
Australia's Financial Regulator Aims to Implement Crypto Regulation by 2025
21.4.2022
The Australian Prudential Regulation Authority (APRA) has set out its expectations for financial institutions engaging in activities related to crypto and a roadmap for their implementation
Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency
21.4.2022
Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry...
German banking giant Commerzbank applies for crypto license
21.4.2022
A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year in a first for a major bank in Germany
Argentina Launches Regulatory Sandbox for Crypto Innovators & Investors
21.4.2022
Argentina is edging toward crypto regulation – as well as further adoption – with a new “innovation hub” that will allow regulators, investors, and crypto startups to work together....
Read More: Argentina Launches Regulatory Sandbox for Crypto Innovators & Investors
Simplify files with SEC for Bitcoin Strategy Risk-Managed Income ETF
20.4.2022
The asset manager said it would purchase “exchange-traded protective put options" and write "exchange-traded call options on Bitcoin futures and/or a Bitcoin related ETF or ETFs.”
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
20.4.2022
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury
FCA veteran becomes interim head of financial regulator's digital assets unit
20.4.2022
Victoria McLoughlin will be responsible for supervising crypto firms based in the U.K. as well as supporting development of a regulatory framework in line with government policy
'Let’s build a Europe where Web3 can flourish:' Crypto companies sign an open letter to EU regulators
20.4.2022
Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation
Russian tax authority proposes using crypto as a foreign trade payment tool
20.4.2022
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration