Crypto and Laws
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RBI rejects MobiKwik`s payment aggregator license application on crypto association grounds
TL;DR Breakdown The Reserve Bank of India (RBI) turns down MobiKwik`s application to run Zaakpay. MobiKwik halts taking in more clients...
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Ukraine’s central bank bans purchasing cryptocurrency using local currency
Ukraine’s central bank has banned the purchase of cryptocurrencies using the country’s local currency, invoking martial law, which...
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The Bahamas government to allow residents to pay taxes with crypto in 2022
TL;DR Breakdown The Bahamas government intends to allow Bahamian residents to pay taxes using digital assets. The Bahamian nation works...
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Ukraine ban the purchase of crypto with fiat
TL; DR Breakdown Ukraine halts purchase of crypto with fiat The country plans to eliminate the outflow of capital Banks have previously...
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US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver
The U.S. has announced new sanctions against entities connected to Russia, and this time around, one of them is a crypto mining company,...
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India’s Finance Minister says crypto could be used for illicit activities
India’s Minister of Finance, Nirmala Sitharaman, believes crypto can help facilitate terrorist financing and money laundering. She said this...
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IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations
The International Monetary Fund (IMF) has released its quarterly Global Financial Stability Report , and there’s copious mention of...
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Ireland to bar political parties from accepting crypto donations
Ireland will prohibit political parties from accepting crypto donations under new political integrity laws. A report unveiled this news on April...
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Louisiana state Rep. proposes new bill that could favor Bitcoin mining
TL;DR Breakdown The representative from Louisiana State and crypto fanatic Mark Wright has proposed a Bill called “No. 1010,”...
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BitLicense firms to pay assessment fees in New York
TL; DR Breakdown BitLicense firms to pay assessment fee in New York Companies in the bracket will pay tens of thousands DFS to use the...
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Ireland to ban crypto donations to political parties citing foreign influence during elections
TL;DR Breakdown Ireland to introduce a crypto ban to counter alleged Russian cyber interference. Part of the crypto ban covers social...
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Polygon Network: Layer-2 Scaling For Ethereum
The post Polygon Network: Layer-2 Scaling For Ethereum appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide...
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BTC, ETH plummet amid US stock futures decline as investors prepare for Q1 earnings
The market price of bitcoin ( BTC ) dropped below $39,000 on April 18 in a declining trend during the Easter holidays. Meanwhile, ether (...
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President Biden to nominate former Ripple adviser as Fed Vice-Chair for Supervision
US President Joe Biden intends to nominate Michael Barr, who served as a Ripple advisor from 2015 to 2017, as the Vice-Chair for Supervision of...
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Russia publishes crypto regulation bill for crypto-mining and trading operarions
TL;DR Breakdown • Putin’s administration could cling to crypto-mining after facing economic problems. • Regulators in Russia mandate...