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UK financial watchdog extends registration deadline for some crypto firms
30.3.2022
As of March 25, there were 12 firms permitted to “carry out cryptoasset activities” under FCA temporary registration status, including CEX.IO, Revolut, and Copper
Is China’s apprehension to ban NFTs a hopeful sign for investors?
30.3.2022
China’s mixed signals regarding its local NFT industry have investors confused about where the local market may be headed
Ukraine Pushes for Membership in European Blockchain Partnership
30.3.2022
Activists and lawmakers in Kyiv are urging the EU to accept Ukraine as a member of the European Blockchain Partnership. They believe the recently adopted law “On Virtual Assets” opens the way for the country to become a blockchain leader on the Old Continent. Kyiv Officials Hope...
CTFC looks at expanded authority to regulate crypto, for less than a 10% budget increase
29.3.2022
The agency’s $365 million proposed FY2023 budget includes significant allocation for CPAs and whistleblowers
Crypto donation startup launches IRS form as US tax season loom
29.3.2022
Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar
Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
29.3.2022
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains
From taxes to electricity, blockchain adoption is growing in Austria
28.3.2022
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech
An In-Depth Look at Satoshi Island — A Crypto-Centric Residential Community in Vanuatu Where Land Titles Are NFTs
28.3.2022
According to reports, there’s a 32 million square-foot island located in Vanuatu that’s in the midst of being constructed into a crypto-centric residential community by the island’s owners: Satoshi Island Holdings Limited. So far, more than 50,000 individuals have applied...
EU Parliament can outlaw transacting with 'unhosted' wallets, crypto advocate warns
28.3.2022
The proposed legislation would require exchanges to verify personal data behind any transaction
Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
27.3.2022
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global...
FATF Travel Rule Now Law in Sout Korea – But Crypto Exchanges Are Still Struggling with it
26.3.2022
The Financial Action Task Force (FATF)’s Travel Rule is now compulsory in South Korea – but critics have decried the nation’s lack of preparedness for the measure....
Read More: FATF Travel Rule Now Law in Sout Korea – But Crypto Exchanges Are Still Struggling with it
European crypto regulatory framework goes to three-way consideration without PoW ban
25.3.2022
The EU parliament didn’t use its option to block the current version of MiCA that does not contain the hostile clause
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
25.3.2022
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill
India’s Stiff Crypto Tax Legislation Becomes Law
25.3.2022
Amendments sought by the crypto industry were not accommodated and the policies will go into effect on April 1
EU Passes Law to 'Rein In' Big Tech’s Domination Over Smaller Players
25.3.2022
Companies such as Google, Apple, Amazon and Meta could face fines as high as 20% of turnover as the EU seeks to stop “gatekeepers” curbing competition from smaller players
Crypto Pyramid Busted in Russia, Losses Exceed $10 Million
24.3.2022
Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto...
Next 24 Hours Crucial for EU Crypto Law as Officials Debate Emissions, DeFi, NFTs
24.3.2022
A landmark law attempting to regulate crypto asset markets in Europe faces a key turning point, as lawmakers make a final call on banning Bitcoin-style validation and governments consider how to treat decentralized finance
‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
24.3.2022
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law
Colorado accepts tax payments in crypto: Was it just a matter of time?
24.3.2022
Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit
Tax man: India’s new tax policies could prove fatal for crypto industry
24.3.2022
India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry