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Lessons From the Turkish Government's Hasty Attempt to Regulate Cryptocurrencies

3.8.2022

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies

3.8.2022
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been...

Brazil Might Approve Its Cryptocurrency Law This Week

3.8.2022
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is...

Blockchain.com wins registration next to parent firm on the Cayman Islands

2.8.2022
Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and cities like Dubai

FCA cracks down on the ads of high-risk assets, but not crypto

1.8.2022
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors

Israel puts the brakes on cash to spur digital payments

1.8.2022
It's believed that Israel will neither be the first nor last country to impose such measures

Indonesian Government Blocks Steam, Epic & Nintendo For 270 Million People

1.8.2022
Over the weekend the Indonesian government began the task of blocking any website or service that had failed to register as part of new “internet control” laws. That ended up being a lot, including everything from Steam to the Epic Games Store to Nintendo Online to EA and Ubisoft’s platforms.Read...

Dubai permits full operation to FTX subsidiary FZE via first MVP license

30.7.2022
According to Dubai officials, the subsidiary’s operations will serve as a regulatory trial for future commercial services using virtual assets

Deposits at non-bank entities, including crypto firms, are not insured — FDIC

29.7.2022
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies

US Government Bodies Blast Voyager’s 'False and Misleading Statements' On Deposit Insurance

29.7.2022
In another sign of dark clouds gathering over troubled crypto platform Voyager Digital, the US Federal Deposit Insurance Corporation (FDIC) and the board of the Federal Reserve (Fed), America’s central bank, have issued a joint letter in which they demand that the company cease and desist from...

Final candidates for next UK prime minister have made pro-crypto statements

28.7.2022
The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the next party leader by Sept. 5, at which point Johnson will officially step down

US lawmaker calls for Apple and Google to provide info on fake crypto apps

28.7.2022
"Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams

Report: Terror Groups Using South African Financial System to Move Funds

28.7.2022
Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States government has so far sanctioned four South Africa-based individuals it accused...

Cuban NFT artists say they face censorship within the crypto market

27.7.2022
“Blockchain is decentralised and doesn’t obey any governments, so no embargo affects us there”, NFT artist Gabriel Bianchini explained

European banking regulator sees 'major concern' in retaining staff to handle crypto: Report

27.7.2022
José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space

Chainalysis Courts US Government With New 'Solutions' Subsidiary

27.7.2022
The largest crypto tracing firm is spinning up a “Government Solutions” subsidiary for U.S. agencies

Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

27.7.2022
Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police...