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UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules
19.4.2022
A new regulatory package for crypto could clear up some gray areas for digital asset companies around which regulations they should comply with
Iran to Increase Penalties for Unauthorized Cryptocurrency Mining
19.4.2022
Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment. “Any use of subsidized electricity intended for households, industrial, agricultural, and commercial subscribers for mining cryptocurrency...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News
8.4.2022
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: UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services...
Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
8.4.2022
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors
Crypto Rules Should Match Traditional Financial System, Yellen to Say Thursday
7.4.2022
Treasury Secretary Janet Yellen will deliver her first speech focusing on cryptocurrencies and the digital assets industry on Thursday. Excerpts of Yellen's remarks reveal her views on how to oversee the industry according to guidelines set forth in a recent executive order from President Joe Biden
Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says
5.4.2022
Mairead McGuinness promised a role for banks in distributing the CBDC, as a consultation presages legislation earlier next year
Georgia Central Bank Plans to Introduce New Crypto Rules: Report
5.4.2022
The eastern European nation will follow international guidance as it sets out anti-money laundering and licensing regime
Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms
5.4.2022
In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.
The latest development extends the country’s regulations on anti-money laundering and countering...
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force
2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...
EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space
1.4.2022
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions...
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
EU Parliament Votes on Privacy-Busting Crypto Rules as Industry Rails Against Proposals
31.3.2022
The move by lawmakers Thursday is set to end even the smallest anonymous crypto transactions, and could see unregulated exchanges cut off from the financial system
Crypto Industry Mobilizes Against Proposed EU Transparency Rules
31.3.2022
Europe’s Landmark Crypto Regulation Is Advancing, but New Privacy Rules May Be More Important
29.3.2022
Dubai Attracts Crypto.com, Bybit as Friendly Rules Bear Fruit
29.3.2022
Both exchanges plan to establish hubs in Dubai after the UAE moved to create a crypto-friendly regulatory regime
Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
28.3.2022
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023
Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules
28.3.2022
The proposal also seeks to expand the DOJ’s budget by $52 million to fight ransomware and combat the “misuse of cryptocurrency.”
Making a crypto fortune is easy, but here are 5 rules to follow to keep it
25.3.2022
Investing in cryptocurrency doesn’t have to be difficult, especially if traders keep these five key rules in mind
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720
24.3.2022
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules...