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Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
19.12.2022
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets and stablecoins in one, and other cryptocurrencies...
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
19.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition, the U.S. Treasury Department’s Financial Stability Oversight Council (FSOC)...
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
19.12.2022
Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court
Basel Committee Endorses Global Crypto Banking Rules to be Implemented by 2025
16.12.2022
The rules suggested that a banks exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%
EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot
16.12.2022
Requirements to test people's knowledge of distributed technology could deter the average retail investor, some worry
Apple to allow third-party app stores in windfall for NFTs and crypto
14.12.2022
In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store
Thai SEC to tighten up rules for crypto, focus on investor protection
13.12.2022
Thailand's chief regulator highlights the importance of tighter control over the cryptocurrency-related advertisements
Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says
11.12.2022
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intelligence agency. At the same time, the regulator supports prohibiting payments with digital coins...
Brussels Wants All Crypto Service Providers to Report Transactions of Europeans
9.12.2022
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
8.12.2022
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate...
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
3.12.2022
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan...
US CFTC Commissioner Cites Latest Crypto Sanction in Call for New Rules
1.12.2022
CFTC Commissioner Kristin Johnson is pushing for her agency to work on policies to further tighten custody of customer assets as the CFTC sanctions another crypto Ponzi scheme
Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules
25.11.2022
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve papers on Cobra as he sought a declaration of his ownership of the copyright to the Bitcoin white paper
Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says
24.11.2022
Officials hope to fend off a rising number of questions about how crypto should be regulated and when they should be treated as securities
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations
21.11.2022
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of various crypto activities and adjustments to the applicable legislation. Advisory Board to Take...
Warzone 2.0 Lets You Join Up With Your Enemies, And It Rules
17.11.2022
Multiplayer shooters are inherently hostile environments, and battle royales, even more so. But with Warzone 2.0’s new proximity chat feature, and its ability to squad up with enemy teams in select battle royale game modes, the latest Call of Duty BR is shaking up the flow of the game, allowing...
Hong Kong Regulator Calls for Tough Rules Despite Crypto Hub Ambitions
17.11.2022
Julia Leung, deputy CEO of Hong Kong’s Securities and Futures Commission highlighted DeFi as an area in need of regulatory solutions
Crypto Users Want to Pay Taxes, but We Need Clearer Rules
17.11.2022
The need for comprehensive crypto tax reform will only become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing
How To Become A Beer Pong Champion, According To The Pros
14.11.2022
The Aztecs had spiritual ballgames, games with physical displays of devotion and a struggle for collective triumph that remains central to our notions of sport. In the 3,000 years since, we’ve streamlined these fundamental concepts into FIFA 23 and beer pong. But I’m not complaining. I think it’s...
Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation
9.11.2022
Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into the development of crypto assets and policy responses. ‘Proper Regulation...