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Paraguay paves the way for crypto regulation despite internal opposition
30.5.2022
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project
Japanese Opposition Leader Urges Crypto Tax Reform to Provide Nation with Web3 Boost
23.5.2022
Japan could be set to overhaul its crypto tax system – with opposition leaders joining a chorus of MPs and business leaders calling for a change in tax law to stop an “outflow” of crypto-related talent and convince Japanese crypto firms not to relocate overseas....
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Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
23.4.2022
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion...
‘7 words is not a crypto policy': Aussie opposition under fire as election looms
8.4.2022
As a national election looms, focus is shifting towards crypto policy, which critics say the Opposition party is lacking
Report: Kenya Central Bank Governor Reiterates His Opposition to Cryptocurrencies
25.3.2022
The Kenyan central bank governor has once again told Kenyans to be wary of the risks that are associated with cryptocurrency transactions and trading. The governor also warned financial institutions supporting cryptocurrency transactions that they risk losing their licenses. Crypto Trading...
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
8.2.2022
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regulatory sandbox continues to garner interest. CBDC...
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal
30.1.2022
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy....
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government
25.1.2022
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank...
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
13.1.2022
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income...
Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints
19.12.2021
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists...
Bank of Russia Rejects Provision of Crypto-Related Financial Services
7.12.2021
Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial...
South Korean opposition set to tackle controversial crypto tax law
11.10.2021
Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders
Opposition mounts to Biden’s OCC pick, fears she could ‘regulate crypto into oblivion'
29.9.2021
Texas Senator Ted Cruz is among a number of politicians and bankers that are opposed to the nomination of Saule Omarova
El Salvador’s Bitcoin detractors: Opposition mounts despite crypto rollout
11.9.2021
Resistance against El Salvador’s move to make Bitcoin a legal tender persists even as the law comes into effect
Chilean Opposition Leader Owns Ethereum – But Is a Crypto-skeptic
16.8.2021
A Chilean opposition party leader has called for crypto to be officially recognized as an asset class and claimed he has ethereum (ETH) holdings – although he also calls himself a crypto “skeptic.”
Per a report from DF Mas, Giorgio Jackson, the founder of the Democratic Revolution political party...
Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI
4.8.2021
In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts...
Opposition poses constitutional challenge to El Salvador's Bitcoin law
22.6.2021
A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and harmful to the country
Head of South Korean Opposition Party Admits Crypto Trading Experience
17.6.2021
Lee Jun-seok. Another major political leader has come out as a crypto enthusiast – as the new leader of the biggest South Korean opposition party has admitted to trading tokens “for fun.”
Lee Jun-seok, aged just 36, stunned the political world last week when he won the leadership election for...
Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
21.4.2021
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the...