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National Bank of Georgia to Regulate Country’s Crypto Sector
8.4.2022
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related...
First Mover Asia: DBS Bank's Ditching Retail Crypto Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Cryptos Rise Late Sunday
4.4.2022
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%
EU Draft Regulation Threatens Crypto Industry But the Fight Is Not Over Yet
1.4.2022
Yesterday’s decision by lawmakers to approve controversial amendments to the Transfer of Funds Regulation (TFR) could put many crypto exchanges in jeopardy in the European Union. However, the crypto sector is determined to keep fighting against the looming clampdown, as indicated by recent...
Crypto industry fires back after EU vote to block ‘unhosted’ wallets
1.4.2022
"Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO Brian Armstrong
First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge
1.4.2022
The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline
Crypto Industry Mobilizes Against Proposed EU Transparency Rules
31.3.2022
Crypto Industry Rallies Ahead of Vote on Controversial EU Crypto Regulation
30.3.2022
As the European Union institutions are advancing their discussions on the controversial Transfer of Funds Regulation (TFR), crypto industry representatives are looking to hamper the proposal’s potentially harmful impact on the sector’s future development....
Read More: Crypto Industry Rallies...
Crypto Industry Fights Back Against EU 'Unhosted Wallet' Propaganda
28.3.2022
The global crypto industry is increasingly fighting back in response to regulatory proposals they consider harmful to the sector’s future development.
Following the unsuccessful campaign by some European Parliament members to ban proof-of-work (PoW) consensus protocol-powered cryptoassets,...
US Senators Working on Broad-Based Crypto Regulation
28.3.2022
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators to Introduce...
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
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
23.3.2022
The expected passage of a finance bill will include a steep crypto tax the industry says will discourage innovation and cost the country some of its technology talent
India’s Crypto Industry Fears Proposed Tax Rules Will Increase ‘Brain Drain’
23.3.2022
The new tax proposals are set to formally become law on Thursday amidst little hope that the government may soften the tax blow
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
22.3.2022
The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains have all but disappeared
Metria Network: Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps
21.3.2022
PRESS RELEASE. Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic decentralized infrastructure is designed to meet the needs of new-age DeFi and NFT applications by overcoming the issues of scalability, interoperability,...
Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals
21.3.2022
With a war raging in their homeland, thousands of Ukrainians, including many involved in the crypto space, have chosen Portugal as their new home. The country is an attractive destination, not only because of its warmer climate but also its relatively affordable cost of living and crypto-friendly...
Biden’s executive order promises great things for the crypto industry — Eventually
16.3.2022
A flurry of research and reporting is the first step toward a coherent crypto policy, while action remains months or years in the future
NCA wants regulation for coin mixers, but the crypto industry is already one step ahead
15.3.2022
The chief of NCA claimed that coin mixing services offer a layer of anonymity and protection to criminals looking to launder and wash their “dirty” funds
European Parliament votes against PoW ban, providing huge relief to the crypto industry
14.3.2022
The moderate version of the regulatory framework's draft prevailed in the ECON committee voting
EU Crypto Industry Calls to Arms as Bitcoin & Ethereum Ban In Cards Again
12.3.2022
France-based hardware wallet manufacturer Ledger sounded an alarm about a possible EU-wide ban on cryptoassets that are using the proof-of-work (PoW) consensus mechanism, calling people to contact members of the European Parliament (MEPs) and oppose the move....
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Ally or suspect? The war in Ukraine as a stress test for the crypto industry
12.3.2022
Crypto execs signal their readiness to comply with sanctions, but decentralization itself puts crypto in a vulnerable position