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Nalezeno "Rules": 1217

USD 1.8M Worth of Crypto & Fiat Remains in Limbo in South Korea


s of exchanges were forced to close on September 25 after the nation imposed some of the strictest rules in the world on trading platforms. They were forced to obtain information security management system (ISMS) certification from the government’s IT agency in order to offer crypto-to-crypto tradin

Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments


Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes as the South Asian country intensifies efforts to adopt legislation tailored to regulate its blockchain space and attract investments from the crypto industry....

Writing Your Own Code Rules


There comes a time on a project when it’s worth investing in tooling to protect the codebase. I’m not sure how to articulate when, but it’s somewhere after the project has proven to be something long-term and rough edges … The post Writing Your Own Code Rules appeared first...

SEC Kicks the Bitcoin ETF Down the Road Again, Legal NFT Battle + More News


f="https://www.sec.gov/rules/sro/nasdaq/2021/34-93172.pdf">citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of the ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust, and Kryptoin Bitcoin ETF - ha

Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations


Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...

US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule


A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts...

Deathloop Players All Agree: The Dedicated Kick Button Rules


There I was, creeping along a cliff on the outside of a big castle-like structure when I saw a single enemy, completely alone. He was standing on the edge of the cliff with his back to me. This setup ranked high on my “kickable moment meter,” a situation which routinely leads to disappointment....

Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market


The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...

Bithumb to Ban Foreign Traders Failing Mobile Phone Identification


South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb...

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency


The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify...

ECB Vice President States Crypto Should Be Regulated Like Other Assets


European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared...

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