Crypto and Laws
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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...
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Cardano founder steals the show at Congressional hearing on crypto regulation
At a U.S. Congressional Committee hearing on June 23, Cardano founder Charles Hoskinson gave his take on the future of crypto regulation. The...
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Coinbase introduces KYC rules for its Netherland users to comply with local legislation
Coinbase announced its Netherlands users would have to comply with KYC rules when making transfers to wallets off Coinbase. It stated that the...
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Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
The proposed Responsible Financial Innovation Act (RFIA) bill has been uploaded to GitHub for the crypto community to give their recommendations...
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Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF
Bitcoin-bull Max Keiser gave his take on the absence of a spot BTC Exchange-Traded Fund (ETF) in the U.S., saying it’s...
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US Senators call on OSTP to restrict PoW mining to zero-carbon energy sources
Five U.S. Senators have sent a letter to the White House’s Office of Science and Technology Policy (OSTP), requesting the entity to restrict...
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OSC issues sanctions against Bybit and KuCoin
Canadian regulatory body, Ontario Securities Commission (OSC), has announced financial sanctions against two crypto exchanges. According to the...
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India will consider 28% additional tax on crypto sales next week
Federal and Finance Ministers of India will join a panel on 28-29 June to decide whether to implement an additional 28% tax on cryptocurrency...
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Financial regulators should take more action to protect crypto investors, Swiss regulator says
The last six months have been a financial strain for crypto investors. The market appears to be deteriorating by the day. Financial regulators...
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Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures
The Ontario Securities Commission (OSC) has conducted two successful enforcement actions against Bybit and Kucoin. The market regulator said in...
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SEC commissioner criticizes crypto bailouts as ECB president calls for staking regulations
U.S. SEC Commissioner Hester Peirce criticized crypto bailouts in a recent Forbes interview and said the current market crash could set the...
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Qatar plans to launch its own CBDC “Qatari Riyal”
Recently Qatar announced the launch of its crypto, or CBDC, backed by the central bank. According to reports, the country is in the token creation...