Crypto and Laws
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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....
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Biden administration official hints at stablecoin legislation that could come into force this year
Coindesk reported that an official of the U.S federal government hinted that the government is working with Congress on a stablecoin legislation...
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Banks’ exposure to risky cryptocurrencies should be limited to 1%, Basel Committee proposes
Banks’ exposure to cryptocurrencies should be capped at 1% of Tier 1 capital, the Basel Committee on Banking Supervision of the Bank for...
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Coinbase reportedly has contract with ICE to provide users’ geo-location data
Cryptocurrency exchange Coinbase’s analytics program, Coinbase Tracer, is reportedly providing users’ data to the United States...
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Binance signs MoU with Cambodia`s SERC to aid in drafting crypto regulations
According to a 30 June 2022 press release , Binance has signed a memorandum of understanding (MoU) with the Securities and Exchange Regulator of...
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Three Arrows Capital gets a slap on the wrist from Singapore financial watchdog
Singapore’s financial regulator has reprimanded three Arrows Capital (3AC) for providing false information about its operations in the...
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First Spot Bitcoin ETF approved to launch in Europe in July
Jacobi Asset Management has announced it will launch a European spot bitcoin ETF this July. The exchange-traded fund will be named the Jacobi...
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E.U. moves further in its crypto regulation
The E.U. Parliament, Council, and Commission tripartite reached a provisional agreement in June 29 on the Transfer of Funds Regulation (TOFR). The...
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Crypto winter freezes into North Korea`s $2b stolen digital assets
Since the beginning of this year, the cryptocurrency market has been in a tailspin. The current crypto winter may be long and severe. On the other...
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CAR’s President announces crypto-hub “Sango” launch date
Central African Republic President Faustin-Archange Touadéra, on June 27, announced the country’s crypto hub “Sango” launch...
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French lawmaker calls for a review of Binance’s approval
A French lawmaker has called for a review of the approval granted by authorities which will see Binance operate across the country. Binance...
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France facing backlash for Binance regulatory approval, French MEP called the move “surprising and worrying”
Binance, last month on May 6, received the green light from French authorities to set up a significant presence in one of Europe’s top...
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Albania: Crypto-derived income tax in 2023
Albanian authorities are finalizing legislation that subjects crypto-related income to taxation. Currently, the public is scrutinizing the...
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Albania will charge tax rates for crypto transactions and technology-based mining
Albania Regulators recently spoke about the crypto future, where everything points to new laws being imposed. According to reports, the government...
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Singapore’s changed stance on crypto
As recently as last year, Singapore was positioning itself to become a global crypto hub. But with the downtrend and the liquidity crisis in the...