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Japan plans to loosen crypto rules & token listings
20.10.2022
What Japan is doing could soon be followed by other countries that have resented cryptocurrency till now. To revitalize the crypto sector, Japan has announced to further loosen the listing of cryptocurrencies by enabling crypto exchange platforms to conclude the listing process within 30 days....
EU Commissioner Urges US Lawmakers to Establish New Crypto Rules
19.10.2022
Mairead McGuinness, the European Commission’s commissioner for financial services, warned about the dangers that digital assets could pose to financial stability and called for US politicians to draw up new rules to govern the crypto industry....
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EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
UK Law Commission to review international laws on crypto to consider legal reforms
18.10.2022
The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023
Japan Greenlights Tougher AML Rules for Crypto
17.10.2022
A cabinet decision to revise six foreign exchange laws closely follows a government plan to introduce new rules for remittances, all aimed at tightening anti-money laundering measures for crypto
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules
16.10.2022
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s...
US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’
16.10.2022
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may be commodities, and others may subject to...
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
13.10.2022
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM defines different classifications for existing cryptocurrency assets, specifies which...
Kazakhstan Legislature Pushes New Crypto Rules Forward: Report
12.10.2022
The lower house of the country's parliament has passed five bills relating to digital assets on the first reading as the government tightens its grip on crypto mining
Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto
12.10.2022
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto...
Portugal proposes 28% tax on annual crypto trading profits next year
11.10.2022
The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition
‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog
11.10.2022
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up
Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
7.10.2022
The report’s findings may affect the court’s decisions about custodial accounts and preference claims
EU Council Endorses Markets in Crypto Assets (MiCA) Legislation
6.10.2022
Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation...
Discounting your games: 7 clear rules!
6.10.2022
Players like buying games when they're cheaper, we hear
EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
5.10.2022
The text of the two laws was agreed to by national diplomats after political deals struck in June
Court Rules CFTC Legally Served Ooki DAO Through Help Bot
4.10.2022
The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC's case against Ooki DAO
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...
Don’t Penalize Crypto in Banking Rules, Futures Industry Group Says
30.9.2022
Planned capital requirements for bitcoin could make it harder to curb risks and undermine financial reforms, the industry group is to tell the Basel Committee on Banking Supervision
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange
30.9.2022
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...