Regulation
Regulation
20 Jan 2022
Indonesia Islamic Council Still Against Cryptocurrency
The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of Indonesia's major non-government Islamic organizations, have issued a new fatwa prohibiting Muslims from using cryptocurre
Regulation
20 Jan 2022
Ripple vs. SEC Lawsuit: Case Coming to An End
Ripple has won a tiny victory in its over-a-year-long legal battle with the Securities and Exchange Commission (SEC). Ripple has been granted access to emails within the SEC by a federal judge, whic
Regulation
13 Jan 2022
The Pakistani Government Still Want to Ban Crypto
The Pakistani government is pressing for a complete ban on cryptocurrency activities such as trading and mining, according to a report presented to the Sindh High Court (SHC) today and published by
Regulation
10 Jan 2022
Estonia and the US Partners to Regulate Crypto
“The U.S. is one of the most important partners in the field of security in Estonia, and also in financial matters. We highly value cooperation with the U.S. in the prevention of money laundering, i
Regulation
09 Jan 2022
Pakistan Investigating Binance in a $100 Million Crypto Scam
After receiving many complaints about an ongoing scam that involves investors being duped into transmitting funds from Binance wallets to unknown third-party wallets, Pakistan's federal authorities
Regulation
05 Jan 2022
Crypto.com Ads Banned By UK Regulator
As part of its ongoing fight against digital assets, the UK's advertising authority has banned two "misleading" commercials by Crypto.com.The first ad, which said "purchase Bitcoin with credit card
Regulation
04 Jan 2022
Estonia Has No Plans of Banning Crypto
The Estonia Ministry of Finance said on Sunday that new draft legislation for virtual asset service providers (VASPs) will not prohibit customers from owning or trading cryptocurrency, but the propo
Regulation
01 Jan 2022
Analysis: SEC vs. Ripple Lawsuit Could Come To An End In April
According to attorney Jeremy Hogan, the spectacular lawsuit between the US Securities Exchange Commission (SEC) and payments processor Ripple over the XRP cryptocurrency is now nearing its conclusio
Regulation
27 Dec 2021
Binance Gets Regulatory Nod From Bahrain and Canada
Binance, the world's largest cryptocurrency exchange, has received an MSB license from Canadian regulatory authorities to offer cryptocurrency services as the year draws to a close. The firm also ga
Regulation
26 Dec 2021
Binance Gets Fined $750k By Turkey
Binance Turkey was reportedly fined 8 million lira by the Financial Crimes Investigation Board (MASAK) for allegedly violating the Prevention of Laundering Proceeds of Crime monitoring system. Th
Regulation
17 Dec 2021
CBDC Pilot Project in Kazakhstan
Kazakhstan has published the outcomes of a pilot program for hits digital teng. This nation is responsible for one of the biggest sources of power for Bitcoin mining hash. A report published on Wedn
Regulation
15 Dec 2021
Cyprus Official Promotes Crypto
Like many other nations, Cyprus is making moves in the cryptocurrency space. The country is going towards regulating the cryptocurrency industry. To this effect, the nation’s ministry published the
Regulation
14 Dec 2021
Bank in Ukraine Using Stellar to Launch Project
A bank called Tascombank is commencing a pilot project. Tascombank is one of Ukraine’s longest-running banks in the commercial sector. The project that they will be piloting is on Stellar. The proje
Regulation
14 Dec 2021
USDT Stablecoin Becomes Legal Tender in Myanmar
Myanmar has made some breakthroughs in cryptocurrency adoption. Myanmar’s government has made the USDT (United States Dollar-based stablecoin Tether) an official currency. This is a development by t
Regulation
13 Dec 2021
South Africa’s Authorities plan on Protecting Investors in Crypto
In a bid to protect vulnerable investors of crypto in South Africa, the authorities have decided to make more efforts to ensure investors are exposed to less risk. The commissioner of South Africa’s
Regulation
11 Dec 2021
Puerto Rico: Fighting Corruption with Blockchain
More controversy erupted in Puerto Rico recently. This scandal has caused Puerto Rico’s government to consider blockchain technology to curb corruption. The speaker of the house of Puerto Rico’s leg
Regulation
11 Dec 2021
Greener Bitcoin Mining Possibilities in Brazil
Lawmakers in Brazil are considering a new proposal regarding green Bitcoin mining. The proposal is for taxation exemptions for mining that utilizes green energy sources. The proposal also calls for
Regulation
09 Dec 2021
Benefits found in Aussie Project Atom Project
Recently, the RBA (Reserve Bank of Australia) released a report on their 2-year long research project. This project was regarding wholesale CBDCs (central bank digital currencies). It focussed on th
Regulation
09 Dec 2021
Crypto Execs ask US Congress Clarity on Regulations
A number of executives of some leading crypto enterprises in the U.S. had the opportunity to present your concerns to the House Committee on Financial Services regarding cryptocurrency regulations.
Regulation
08 Dec 2021
CIA Working on Crypto Projects
The present head of the Central Intelligence Agency, William Burns said that the former director of the government organization started projects related to collecting insights on cryptocurrency. He
Regulation
08 Dec 2021
Australia Approves Crypto Reforms to Come
Australia is taking crypto matters head-on. At present, the Australian government is contemplating rolling out a central bank digital currency. It is also in support of a number of progressive regul
Regulation
03 Dec 2021
Indonesia Religious Council Declare Crypto Illegal For Muslims
Indonesia’s council of religious leaders has declared that Muslims are forbidden from using crypto due to the elements of uncertainty, wagering, and harm. Asrorun Niam Sholeh, the head of religious
Regulation
03 Dec 2021
Paraguay legislators Contemplating Crypto changes
Paraguay wants to make progress in the crypto sector. El Salvador legalized cryptocurrency as legal tender. Another government in the region that is considering the same is Paraguay. Paraguay is co
Regulation
02 Dec 2021
COINBASE CEO THINKS THERE ARE TOO MANY REGULATORS
CEO of Coinbase, Brian Armstrong, recently revealed his feelings towards the number of regulators in th U.S. hinting that they are simply just too many. The crypto exchange company went into a me
Regulation
01 Dec 2021
Are Emerging Concerns and Regulations Fitting?
When it comes to sanctions, regulators can not enforce regulations, when it comes to crypto. For this reason, organizations like the International Monetary Fund (IMF) and the World Bank have issues
Regulation
01 Dec 2021
India Crypto community misinterpreted private crypto ban, says crypto bill creator
A ban was recently announced in India. The creator of this cryptocurrency bill, Subhash Garg, the former Finance Secretary disagreed with the idea of banning private crypto. The Former Finance Secre
Regulation
01 Dec 2021
India Chooses to Regulate Crypto Instead of Banning It
India has shared its plans to regulate cryptocurrency instead of banning it altogether like it previously intended. The Prime Minister of India, Narendra Modi, led a meeting in which officials, w
Regulation
29 Nov 2021
Thailand Encouraged to Allow Crypto-Tourism
Local Thai media says a drive for economic growth by focusing on digital nomads is coming closer to reality for Thailand. The body responsible for the matter, the Tourism Authority of Thailand (TAT)
Regulation
28 Nov 2021
Tough Rules Proposed by South Korea Regulator
A report was released recently by South Korea’s Financial Services Commission (FSC), relating to crypto investment in South Korea. This report outlined a new definition of cryptocurrencies. It also
Regulation
28 Nov 2021
German Coalition Customizing law to fit Cryptocurrency
In a coalition agreement, Germany’s new government has noted cryptocurrency and is advocating for a fair means of doing business for both traditional finance and the innovative fintech industry.
Regulation
26 Nov 2021
India Announces Crypto bill and Crypto prices Tank
Cryptocurrency prices on WazirX’s stock exchange in India plummeted after it was announced that it would ban all private cryptocurrencies. Panic selling ensued after regulatory discussions broke
Regulation
24 Nov 2021
The Relevance of Barbados’ Metaverse
Recently one government purchased virtual land and “erected” a metaverse embassy. Some think it’s Barbados is doing a little bit of a PR stunt. However, most of us would agree that governments gener
Regulation
24 Nov 2021
An Unlikely Leader: El Salvador in Technology Adoption
There is only one country in the whole world that has accepted bitcoin as legal tender and that country is El Salvador. This is certainly a bold and progressive move. Not only have they accepted thi
Regulation
24 Nov 2021
China’s Ban on CryptoCurrency
China has made international waves on its ban on cryptocurrencies and blockchain technology. They have cracked down on some other technologies as well. Several companies have felt the repercussions.
Regulation
28 Oct 2021
Joseph Stiglitz Wants Regulators To Ban Cryptocurrencies
Joseph Eugene Stiglitz, an American economist and public policy analyst, has called on global regulators to ban cryptocurrencies for their role in destroying the existing financial system. Accor
Regulation
06 Oct 2021
The United States Doesn’t Support China’s Decision To Ban Bitcoin
Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), stated during a conference with members of Congress that the commission has no plans to ban Bitcoin an
Regulation
06 Oct 2021
SEC Investigating USDC Issuer Circle
Only four months since its first announcement to go public at $4.5 billion valuations via a special purpose acquisition(SPAC) merger, stablecoin USDC issuer, Circle has revealed that the company has
Regulation
02 Oct 2021
Bitcoin Mining Ban Finally Lifted In Iran
The Iranian government has officially lifted the ban on bitcoin mining after the country’s former president, Hassan Rouhani, suspended all mining activities three months ago, local media Iran Intern
Regulation
07 Sep 2021
NFL Imposing Crypto Restrictions on Teams
We have all seen cryptocurrency adoption becoming rampant throughout the years due to its huge success. But even with all of that, there are still those who see it as a bad development or a scam sch
Regulation
04 Sep 2021
Vast Bank is The First U.S Bank To Offer Crypto Services
Vast Bank just became the first bank in the United States with FDIC insurance and a Federal Reserve charter to offer Bitcoin services. The announcement came after it was approved by the OCC (Off
Regulation
31 Aug 2021
Countries That Have Banned/Restricted Crypto
Ever since its creation in 2009, Bitcoin has been controversial; so have have the subsequent cryptocurrencies that followed in its wake. Bitcoin is widely criticized for its fickleness, its use in f
Regulation
30 Aug 2021
Tax Reporting Proposal Creates A Defining Moment For The Crypto Industry
A little segment of the $1 trillion infrastructure bill has produced a flurry of campaigning from the cryptocurrency industry, making a pivotal turning point for the sector's quality in Washington.
Regulation
27 Aug 2021
Cuba Becomes The Latest Country to Regulate Crypto for Payments
Starting today, Cuba has regulated cryptocurrencies for payments on the country in a move that could help to circumvent American sanctions. In a resolution published in the Official Gazette on Thurs
Regulation
13 Aug 2021
Most Recent Cryptocurrency Tax Moves in the U.S. Clarified
The Internal Revenue Service in the US is again playing an acceptable and awful cop with Americans. These vague tax bills proposed by senators got mixed reactions from the digital currency community.
Regulation
26 Jul 2021
Amazon ‘certainly’ arranging Bitcoin usability and token, affirms insider
Amazon involved on digital currency Amazon is hoping to acknowledge Bitcoin usability'before the year's over', and is exploring its own token for 2022, says an insider. The web behemo
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