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Digital currency may be an answer to help the unbanked, Sen. Warren says
28.7.2021
Democratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...
CBDCs ‘concocted in hell by Satan himself’ says ASI president Rich Checkan
28.7.2021
Rich Checkan described CBDCs as the spawn of Satan, and thinks that Bitcoin is still a speculative asset and not a currency alternative yet
Kazakhstan to reportedly allow banks to process crypto purchases
27.7.2021
A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally
India to use Ethereum blockchain to verify diploma certificates
27.7.2021
A new partnership with LegitDoc places India among early adopters to implement an e-governance system for higher education
Blockchain Australia calls the state for crypto safe harbor
26.7.2021
The Australian crypto industry “cannot afford to wait years for regulatory clarity,” and consumers require confidence to access crypto services, the Australian blockchain association argued
Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners
24.7.2021
The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic in the South Caucasus is now planning to legalize the industry and source sufficient power supplies from its energy-rich northern neighbor. Abkhazia...
SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs
23.7.2021
“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
23.7.2021
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by...
Reserve Bank of India mulls first steps toward an eventual CBDC
22.7.2021
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo
Get a passport, pay crypto, live tax-free?
22.7.2021
Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution
SEC Chairman says cryptocurrency falls under security-based swaps rules
21.7.2021
More rules are coming for the cryptocurrency space, according to SEC Chairman Gary Gensler
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...
Georgian Government Embraces Blockchain to Promote Its Wines Globally
21.7.2021
As Georgia seeks to bring its millennia-old wine industry into the 21st century, it is collaborating with blockchain platform Wiv to put the nation’s winemakers in front of a global audience of wine collectors, producers, and merchants. Move Brings Wines and Accompanying Provenance...
New EU proposal looks to tighten regulations for sending cryptocurrency
20.7.2021
The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity
Bank of Korea selects Kakao’s blockchain arm for digital won tests
20.7.2021
ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X
Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’
20.7.2021
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of defined securities will be made possible via...
French government pushes for one agency to regulate crypto across the EU
19.7.2021
The proposal would result in uniform regulations for digital currency across the EU
Indian regulator probes crypto exchange for alleged forex law violations
19.7.2021
The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land
Turkey’s crypto bill ready for parliament, says Deputy Minister of Finance
19.7.2021
The legal draft places a minimum capital requirement for crypto businesses operating in Turkey