Crypto and Laws
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Russian Federation: New Bill Defines Cryptocurrency, Proposes Tax Regulations
(Jan. 11, 2021) On December 1, 2020, the government of the Russian Federation introduced to the State Duma (the country’s parliament) Bill...
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Egypt: New Crimes Added to Penal Code
(Jan. 11, 2021) On December 16, 2020, the Egyptian cabinet approved a proposed addition to the penal code concerning the criminalization of video...
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UK regulator tells unregistered crypto firms to shut down
The Financial Conduct Authority has told unregistered crypto firms to close down and return funds to investors, in line with a schedule laid out...
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$2.9 billion: Bitcoin liquidations kick up broader market headwinds
Bitcoin's historic rise came to a halt over the weekend — but the industry's largest trading desks aren't too concerned. After soaring to...
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Here’s why the UK financial regulator said crypto investors can “lose all their money”
The regulator issued the warning shortly after crypto markets took a hit on Monday. No getting rich quick U.K.’s Financial Conduct...
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Bakkt is going public on the New York Stock Exchange via a SPAC
Crypto firm Bakkt announced Monday that it is going public on the New York Stock Exchange via a SPAC deal, confirming Bloomberg's report from...
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Australia: Bill Banning Export of Unprocessed Waste Enacted
(Jan. 11, 2021) On December 15, 2020, Australia’s Recycling and Waste Reduction Act 2020 (Cth) received assent . The act implements an...
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Tether is launching on Hermez — an Ethereum Layer 2 scaling solution that uses ZK-Rollups
Stablecoin Tether (USDT) is launching on Hermez Network, an Ethereum Layer 2 scaling solution that uses ZK-Rollups. Sharing the news with The...
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NYDIG acquires Digital Assets Data as crypto M&A picks up
Bitcoin custody and trading services provider NYDIG announced Monday that it has acquired crypto data firm Digital Assets Data ahead of a bigger...
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Chinese state-owned bank tests digital yuan ATMs in Shenzhen
One of the four largest state-owned banks in China has been testing digital yuan on its ATMs in Shenzhen. According to local news reports on...
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Block.one CTO Daniel Larimer announces resignation
Daniel Larimer, the chief technology officer of crypto project Block.one, announced his resignation on Sunday. In a blog post , Larimer said...
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Crypto tax regulation: IRS working to make it clearer
TL;DR Breakdown Internal Revenue Service is looking to clarify all crypto tax regulations FinCEN alters FBAR rule to allow for...
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DeFi project offers new way to trade the entire $1 trillion crypto market
A decentralized finance (DeFi) project is gearing up to debut a token that aims to allow users to capture the value of the entire $1 trillion...
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When Binance IPO? CZ explains how his firm’s ‘path’ forward is different from that of rival Coinbase
Quick Take The world’s largest crypto exchange Binance doesn’t have IPO plans like rival Coinbase, CEO Changpeng “CZ”...
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A guide to The Block’s data dashboard
The Block's data dashboard is available via this link or the navigation bar under "Data" . Categories There are four major categories on...