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Binance tightens rules on NFT listings
19.1.2023
The exchange will delist NFTs with low trading volume and listed prior to new KYC rules starting February
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
19.1.2023
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto...
Thailand Issues New Regulations on Custodied Cryptocurrencies
19.1.2023
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys...
SEC of Thailand issues crypto custody provider rules
17.1.2023
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of occurrence of any unforeseen events
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
15.1.2023
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based...
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows
15.1.2023
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto...
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective
12.1.2023
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation...
FTX Creditor Names Can Remain Sealed for Now, Judge Rules
11.1.2023
A Delaware bankruptcy judge allowed a list of creditors for FTX to remain sealed for at least another three months on Wednesday
Gaming YouTube Is In Turmoil Thanks To New Violence And Profanity Rules
10.1.2023
Members of YouTube’s gaming community are calling out the video hosting site for adding new regulations regarding profanity usage and violent content, disproportionately affecting gaming creators who produce unscripted videos such as let’s plays of M-rated games. Worse, the policy is retroactively...
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies
8.1.2023
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration...
Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet
6.1.2023
Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore judge said that’s not okay
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
6.1.2023
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s...
Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
5.1.2023
Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit in October, a Puerto Rico judge said
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...
Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
5.1.2023
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate
Judge rules Celsius owns funds in Earn accounts, paving the way for stablecoin sale
4.1.2023
Judge Martin Glenn found the terms of use for the Earn program “unambiguous,” and besides that, treating account holders as unsecured creditors was more equitable
Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules: Research Study
4.1.2023
A research study found that Indians moved more than $3.8 billion in cumulative trading volume from local to international crypto exchanges after the nation announced stiff crypto tax rules last year
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto
26.12.2022
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment...
US Government Delays Tax Reporting Rules for Cryptocurrency Brokers
25.12.2022
The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto...