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South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
17.7.2022
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services....
‘Robust’ Regulations Needed in Crypto & Stablecoin Sector, Says G20 Advisory Body Ahead of Its Report in October
11.7.2022
One of the world’s leading financial policy-making organizations said that it will tell governments to step up their supervision of stablecoins later this year – against a “backdrop of the recent turmoil” in the crypto sector.
In a press release from the Financial Stability Board (FSB), which...
Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4
13.6.2022
The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO Predicts a Bull Run in Q4 for Bitcoin Financial advisory and asset management firm Devere...
Accenture Sees Strong Demand for Digital Assets Among Asian Investors, but Hesitancy Among Advisory Firms
7.6.2022
There is a strong demand for digital assets among investors in Asia, but wealth management firms remain hesitant to support them, according to a new report from consulting giant Accenture.
The report, titled The Future of Asia Wealth Management, stated that, although a large number of Asian...
Commissioner Kristin Johnson to sponsor CFTC Market Risk Advisory Committee
17.5.2022
The crypto hawk Biden appointee will sponsor a panel of 36 financial industry executives, thought leaders and other prominent figures
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
19.4.2022
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S....
FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency
9.3.2022
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns...
Aussie advisory committee lists key factors for easing crypto adoption
2.3.2022
The federal advisory suggests exploring four key areas to support a safer adoption for crypto in Australia and dampen cybersecurity threats
Custom NFT Marketplace Creaticles Bolsters Advisory Board Ahead of Multi-Chain Expansion
10.2.2022
PRESS RELEASE. Boston, 10 February 2022 – Creaticles, the world’s first NFT Requests Marketplace, has today announced new signature additions to its Advisory Board, Jeff Jiho Zirlin, Co-Founder of Axie Infinity; Sébastien Borget, COO and Co-founder of Sandbox; Joe Zhou –...
PayPal establishes advisory council for crypto and blockchain
8.2.2022
“We believe it is crucial to engage with the world’s best leaders to better understand the industry's most compelling opportunities and complex challenges,” said Jose Fernandez da Ponte
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
3.2.2022
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms FTX and Bybit. The FSCA alleges that neither entity has been licensed to trade in Contracts for Difference (CFD) or to provide financial advisory...
SEC Advisory Committee member calls agency to open for public comment on crypto regulation
19.1.2022
"This open call for comment is the only way to appropriately crowd source this issue and appropriately develop a digital asset regulation Genesis Block," said J.W. Verret
Business Advisory Firm Expects Criminal Cryptocurrency Transactions to Fall by 30% by 2024
17.1.2022
Gartner, an advisory firm, has predicted that criminal cryptocurrency transactions or transfers will fall by 30% by 2024. The firm says factors such as the transparency of the blockchain, as well as the democratization of fraud prevention tools, will contribute to this decline in such transactions....
Devere Group CEO Predicts 3 Countries Will Adopt Bitcoin as Legal Tender This Year
7.1.2022
The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their national currency. 3 Countries Will...
Report: Pakistan Likely to Earn Billions From Cryptocurrency
6.1.2022
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves...
Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
5.1.2022
Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals....
Read More: Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
Crypto Complaints Have Increased Significantly Says South Africa Financial Sector Ombud
21.12.2021
Nonkumbulo Tshombe, an advocate with the Financial Advisory and Intermediary Services (FAIS) Ombud, recently revealed that her office has noted a significant increase in the number of cryptocurrency-related complaints during the 2020/21 financial year. Cryptocurrency Not yet Regulated An advocate...
Vitalik Buterin outlines path to ETH 2.0, Visa launches crypto advisory, Biden’s anti-crypto nominee for Comptroller withdraws: Hodler’s Digest, Dec. 5-11
11.12.2021
Visa Launches Crypto Advisory Services Helping Partners with New Era of Money Transaction
9.12.2021
Visa, the most prominent digital payment company, announced the introduction of Visa’s Global Crypto Advisory Practice, a new product under Visa Consulting & Analytics (VCA) aimed at assisting customers and partners in their crypto use. According to a Visa study released today, the launch...
Visa Launches Crypto Advisory Services — Says ‘Digital Currencies Are Taking Greater Hold in Popular Consciousness’
9.12.2021
Payments giant Visa has launched global crypto advisory services. The company’s executive says: “We’ve seen a material shift in our clients’ mindset in the last year, from a desire to explore and experiment with crypto, to actually building a strategy and product...