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Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency
28.10.2021
A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice...
Slovenia Launches Public Consultations on Crypto Taxation Law
28.10.2021
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules...
Indian Crypto Regulation Is Planned for February: Report
28.10.2021
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....
Skyrim IRL TikTok Star Arrested, Charged With Murdering His Wife & Her Friend
28.10.2021
Ali Nassar Abulaban, aka JinnKid, is the actor behind Skyrim In Real Life, a series of incredibly popular TikTok videos. He was arrested last week and charged with murdering two people, including his wife.Read more
Privacy or policy? Why Facebook's crypto wallet Novi is facing resistance
27.10.2021
Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it
Putting a cap on decentralization: How regulation impacts DeFi adoption
27.10.2021
As legislation threatens to allow centralization to creep into the DeFi space, regulation could have complex effects on the adoption
Guilty Verdict For Death Threats Against Japanese Game Developer Arika
27.10.2021
Back in September 2019, threats insinuating murder were sent to Tokyo-based game developer Arika. The threats were made against the company as well as a corporate execute and sent through the Arika website’s contact form. Read more
Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware
27.10.2021
Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation carried out with the United States....
Slovenian finance ministry seeks public opinion on crypto tax laws
27.10.2021
Slovenia's crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies
Tether trials Notabene’s new travel rule technology to combat financial crimes
26.10.2021
The "Travel Rule" aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions
Dubai regulator announces new regulations for investment tokens
26.10.2021
The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry
Colombian Government Might Take Unused Funds From Bank Accounts Inactive for a Year
26.10.2021
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the...
Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
25.10.2021
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week
Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says
25.10.2021
The recent law "On Digital Financial Assets" has not gone far enough in the eyes of Russian crypto industry advocates
Feds Say Man Spent Covid Loan On $57,000 Pokémon Card
25.10.2021
Vinath Oudomsine, from Dublin, Georgia, has been accused by federal prosecutors of fraudulently applying for a an Economic Injury Disaster Loan (EIDL). The man claimed to be running a business, but reportedly spent most of the money on a rare Pokémon card instead.Read more
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....
Texas Ethics Commission seeks pro-crypto rule for political contributions
23.10.2021
If approved, cryptocurrency donations and contributions will need to be reported as in-kind contributions or as investments, not currency
Sony Patent Lets Viewers Vote and Pay to Boot Players From Games
20.10.2021
In 2020, Sony filed a patent for allowing livestream spectators and participants to remove players from a game. Yesterday, the United States Patent and Trademark Office approved the patent, which you can read in full here. Besides removing unskilled players, the system would allow spectators to...
Celsius responds to NYAG crackdown on crypto lending platforms
19.10.2021
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
19.10.2021
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...