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Bitcoin is 'not regulated' — Honduras' central bank pushes back against legal tender rumors
23.3.2022
The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC
Thailand Adopts Rules Restricting Cryptocurrency Payments From April
23.3.2022
Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues...
Time to Legalize and Tax Bitcoin Mining in Russia, Say Deputy PM, Academic & Think Tank
23.3.2022
The voices calling for Russia to legalize Bitcoin (BTC) and crypto mining are continuing to grow louder, with the Deputy Prime Minister, prominent academics, and a leading economic think tank all suggesting that legislation should be rolled out in the near future.
RBC reported that the Russian...
Proposal for crypto tax policy in India will go to parliament on March 24
23.3.2022
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions
4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
23.3.2022
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: 4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
Crypto Banned as a Payment Method in Thailand, Trading Intact
23.3.2022
Thailand has banned the use of cryptocurrencies as a means of payment for goods and services in the country, saying that their use could threaten financial stability and the national economy.
According to a notice published on the website of Thailand’s Securities and Exchange Commission (SEC)...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
23.3.2022
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group...
S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates’
23.3.2022
South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed...
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’
23.3.2022
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor for compliance and implement sanctions if we do not see improvements,” said the regulator. British Advertising Regulator’s...
Ireland’s central bank follows UK's example in warning of crypto advertisements
22.3.2022
The central bank warned people to be mindful of "the risks of misleading advertisements, particularly on social media, where influencers are being paid to advertise crypto assets."
OECD opens proposal on tax transparency framework for crypto to public comment
22.3.2022
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards
Florida's Crypto Plan, NFL's Blockchain Move, Grayscale's Ex-Ethereum Fund + More News
22.3.2022
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: Florida's Crypto Plan, NFL's Blockchain Move, Grayscale's Ex-Ethereum Fund + More News
Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS
22.3.2022
The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for...
Ombudsman Receives Complaints About Crypto Investments in Spain
22.3.2022
The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees...
Abu Dhabi rolls out draft recommendations for NFT trading
22.3.2022
The emirate’s special economic zone might grant licensed exchanges the right to trade nonfungible tokens
Japan’s Crypto Exchanges Set to Speed Up and Simplify Crypto Listing Process
22.3.2022
Japanese crypto exchanges could be set to broaden the selection of coins they offer on their platforms – after a self-governing industry body unveiled plans to “streamline” the listing process for trading platforms....
Read More: Japan’s Crypto Exchanges Set to Speed Up and Simplify Crypto...
Crypto Donations To 'Freedom Convoy' Evade Government Seizure - Report
22.3.2022
Despite the efforts by the Canadian government, most of the CAD 1.1m (USD 874,000) worth of cryptoasset donations made to the trucker protests (aka "Freedom Convoy"), an initiative that evolved out of the anti-COVID-19 health mandate protests, have reportedly dodged seizure by...
UK Ad Regulator Sends 'Enforcement Notice' to Crypto Promoters
22.3.2022
The Advertising Standards Authority (ASA), the self-regulatory organization of the advertising industry in the United Kingdom, has sent an "Enforcement Notice" to over 50 companies that promote digital assets, asking them to review their ads.
The notice mandates crypto companies to comply with...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
22.3.2022
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry...
Gemini receives license to provide electronic money services in Ireland
21.3.2022
The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA