Crypto and Laws
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Solana Labs hit with a class-action lawsuit
Solana Labs has been hit with a lawsuit claiming its SOL token, is unregistered. The firm is one of the few that is in cold waters as there have...
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US bars crypto holders from contributing to crypto policies
The United States Office of Government Ethics on July 5 issued a legal advisory warning that banned government employees holding crypto assets...
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Crypto owners banned by the U.S. ethics watchdog from working on crypto policies
In the United States, crypto owners have been left out of the process of drafting cryptocurrency rules. The U.S. Office of Government Ethics now...
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Belgium starts consultation on classification of crypto as securities and investment instruments
Belgium is holding an open consultation to determine if it should classify certain crypto assets as securities, investment instruments, or...
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India is investigating crypto exchanges compliance to foreign exchange laws
India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign...
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India’s crypto tax impacted trading frequency of 83% of traders, says survey
A survey conducted by crypto exchanges WazirX and Zebpay found that 83% of traders believe India’s 30% tax on all cryptocurrency and...
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BoE calls for tougher rules as crypto market plunges $2 trillion
Bank of England’s (BoE) Financial Policy Committee believes the crypto industry needs more stringent regulations as the crypto market...
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U.K. tax authorities seek public consultation on DeFi tax treatment
U.K. tax authority H.M. Revenue and Customs (HMRC) opened a public consultation on the tax treatment of DeFi lending and staking on July 5....
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Singapore eyes more regulation to protect retail investors from crypto winter fallout
The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the...
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Argentinians turn to crypto after economy minister resigns
Argentina’s Economy Minister Martin Guzman announced his resignation on June 3, pushing citizens to seek hedges in crypto and causing the...
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Bits.media: Russian media watchdog, Roskomnadzor, blocks crypto site
Roskomnadzor , a Russsian Media watchdog, blocked Bits.media from working for the vast majority of its audience in Russia this week. Bits.media...
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Crypto tax: Romania’s financial watchdog introduces new regulations
Cryptocurrency trading is risky , but it’s also one of the most profitable ways to make money. Unfortunately, with the volatile nature of...
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CFTC drags South African to court over $1.7 billion scam
The Commodities Futures Trading Commission (CFTC) has dragged a South African and his company to court over breaching some regulations. According...
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Stablecoins put on notice as EU lawmakers agree on landmark MiCA framework
European Union (EU) lawmakers reached a political agreement on June 30 for crypto-asset regulation. The final trialogue covered supervisory...
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European Union council agrees to adopt MiCA
The European Union chiefs now have an agreement to establish a new law, MiCA, to ensure stricter monitoring of crypto exchanges in the region....