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Shanghai Man: Aping out of gorilla token, digital dollar Biden its time... and more
14.5.2021
An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance
SEC enforcement actions cost crypto firms and individuals $1.7B in penalties
12.5.2021
Of the 75 enforcement actions on crypto brought by the commission from 2013 to 2020, the majority involved allegations of fraud or unregistered securities offerings
SEC warns of Bitcoin futures risks in mutual funds
12.5.2021
The U.S. SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF
From cypherpunk to state contracts: the changing face of blockchain
12.5.2021
Three blockchain executives discuss their work with governments in fraught political contexts, and the questions it raises about blockchain’s claim to the libertarian banner
Indonesia considers capital gains tax on cryptocurrency trades
11.5.2021
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official
Kazakhstan’s government to create roadmap for developing crypto market
11.5.2021
Kazakhstani authorities plan to improve their regulatory approach in order to strengthen the country’s position in the global crypto market
Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
10.5.2021
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate...
Privacy-Centric Coins See Fresh Gains, Monero Captures All-Time Price High
9.5.2021
On May 7, the privacy-centric crypto asset monero captured an all-time high at $515 per unit, as demand for confidential transactions has increased in recent times. Monero has gained more than 190% during the last three months, while a number of other privacy coins like zcash, verge, horizen,...
South Korea to Impose a 20% Tax on Crypto Mining Activities
8.5.2021
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...
Turkish government to track crypto transactions over $1,200
7.5.2021
Turkey's Minister of Treasury and Finance sheds light on regulatory actions following an alleged $150 million crypto exchange scam
Tajik government taps blockchain firm for e-government infrastructure
7.5.2021
A new public-private partnership between the Fantom Foundation and the Tajik Ministry of Industry of New Technologies will see the two roll out a range of blockchain-based solutions across nationwide IT infrastructure
SEC chair hints at greater regulatory oversight for US crypto exchanges
6.5.2021
Gary Gensler said a regulatory framework for digital assets from the SEC or CFTC "could instill great confidence" for investors
Indian start-up organization proposes regulatory framework for crypto
6.5.2021
An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies
South Korean regulators tell banks to open the books on cryptocurrency exchanges
6.5.2021
Authorities are looking to tighten their grip on the cryptocurrency industry
Vietnam Plans to Regulate Digital Currencies After Commissioning a Crypto Research Group
6.5.2021
Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users...
Bahamas central bank prepares national Sand Dollar push this summer
5.5.2021
The Bahamas is beginning a push for national digital currency adoption this summer, the central bank's governor John Rolle said
South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes
4.5.2021
South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are disappointed by how parties are handling the issue, one of them has taken a step forward by talking about the forthcoming crypto tax....
Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges
2.5.2021
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered...
Europe awaits implementation of regulatory framework for crypto assets
1.5.2021
A deep dive into the EU’s Markets in Crypto-Assets regulatory proposal, which could provide a precedent for other countries
Uzbek presidential agency proposes legalizing domestic crypto trading
30.4.2021
Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019