Crypto and Laws
-
Crypto miners strike gold in Oklahoma as state introduces new tax incentives
Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the U.S....
-
UK begins campaign to become crypto “world leader” with an NFT
The UK announced plans to mint an NFT and said it want to bring stablecoins into the country’s payments framework to enable issuers...
-
Indian crypto exchanges record 15%–55% drop in volume amid new tax regime
TL;DR Breakdown Local crypto exchanges have seen a sharp decrease in volumes over the first three days of April. Aditya Singh, the...
-
ASIC announces new guidelines on financial influencing
TL; DR Breakdown ASIC rolls out new guidelines on financial influencing ASIC says offenders could spend years in prison Crypto community...
-
Scammer connected to $160 million crypto fraud arrested
TL; DR Breakdown Scammer incarcerated in $160 million crypto fraud The scammer was connected to the Morris scam India records a high...
-
Russia will not clampdown on residential crypto miners
TL; DR Breakdown Russia will not ban residential crypto mining The country plans to monitor energy consumption Russian ministries...
-
Will Indonesia’s decision to tax crypto stifle local adoption?
Indonesia is the latest Asian country to announce intentions to impose a tax scheme on all crypto transactions and income tax on capital gains...
-
Former Indian chief minister likens crypto to gambling, calls for higher taxation
A former Indian chief minister said “crypto is gambling” and urged the government to raise the taxes imposed on virtual assets....
-
Turkish regulators seek life penalty for crypto scammers
TL; DR Breakdown Turkish regulators want scammers incarcerated for life The regulators used the Thodex scam as a benchmark The crypto...
-
Thodex indictment demands over 40,000 years of prison time for the missing crypto CEO
TL;DR Breakdown The Turkish prosecutor has called for a 40,000-year sentence for Thodex Rugpull’s founder. Faruk Fatih Özer, the...
-
The SEC requires crypto exchanges to expose their customers’ assets
This year, a crackdown on digital assets has been at the top of the US Securities and Exchange Commission’s (SEC) plan. This was made clear by...
-
EU blunder on unhosted crypto wallets will cost the region dearly
EU lawmakers voted in favor of stricter rules on the transfer of funds to unhosted crypto wallets on Thursday. Unhosted crypto wallets are...
-
Bitcoin drops to $45.5k as Europe votes to ban cold wallets in attack on decentralization
Bitcoin dropped $2,000 from $47,500 to $45,500 in four hours after news broke that the EU is set to cripple innovation in the blockchain...
-
China’s strict crypto policy continues as WeChat bans NFT accounts
China’s social media and messaging app, WeChat, has banned more than 12 public accounts linked to non-fungible token, or NFT, trading....
-
New funding round values Blockchain.com at $14 Billion
Led by venture capital firm Lightspeed Venture Partners with major participation from Baillie Gifford & Co, wallet provider and exchange...