Crypto and Laws
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Nepal announces ban on crypto activities
TL; DR Breakdown Nepal clampdown on crypto activities Authorities lament increased crypto crimes Nepal shuts access to crypto websites...
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Russia’s Central Bank wants stock exchanges to support crypto trading
TL;DR Breakdown The Central Bank of Russia has recently proposed allowing traditional stock exchanges to trade in digital assets. The...
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Indian government to clarify crypto TDS regulation in two months
TL; DR Breakdown Indian government wants to clarify its TDS regulation for crypto traders in two months. TDS mechanism is employed to...
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Cambodia reaffirms its opposition to the unsanctioned crypto-related activity
Cambodia upholds its stance on the illegality of engaging in crypto-related activities without government approval. Asia is...
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Gibraltar introduces regulations to tackle crypto market manipulation
Gibraltar has unveiled new regulations to curb insider trading and market manipulation in the crypto industry. The British overseas territory...
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New York Assembly passes bill to temporarily ban Bitcoin mining
The New York State Assembly has passed a mining moratorium bill to pause all crypto mining development for two years. The essence of the...
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Buenos Aires will accept cryptocurrencies to pay taxes
TL;DR Breakdown • Capital city promotes the use of new technologies • Plan Buenos Aires + plan will seek to use the Blockchain network...
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BCC: Central Bank of Cuba to license VASPs come 16 May 2022
TL;DR Breakdown The Central Bank of Cuba (BCC) set to issue virtual asset service provider licenses. Cuba gazettes a detailed VASPs...
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Brazil approves bill to regulate crypto
TL; DR Breakdown Brazil approves crypto regulation bill The SEC might oversee the regulation Senators want to encourage high value...
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Crypto sector continues hiring lawyers to help with regulatory woes
The crypto industry is actively recruiting more talent as it inches closer to becoming an acceptable asset class in mainstream finance. Although...
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DoJ charges two Europeans with using crypto to aid North Korea evade sanctions
TL;DR Breakdown The United States Department of Justice (DoJ) charges two Europeans with conspiracy to help North Korea evade sanctions....
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Indian banks seek NPCI clarification on crypto UPI payments
TL;DR Breakdown Indian banks have written to the NPCI asking for clarification on UPI payments for cryptocurrency traders. The NPCI...
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Internal documents show EU policy makers want to push Ethereum over Bitcoin
EU policymakers are back in the spotlight less than a month after voting for stricter rules on unhosted crypto wallets. This time it’s...
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Op-Ed: South Korea’s new president aims to take crypto to the next level
The recent news that the incoming South Korean president is planning to boost the country’s crypto industry is welcome news, particularly in light...
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New York lawmaker proposes 2 year moratorium on power plants to stop growth of crypto mining
New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on...