Crypto and Laws
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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...
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Op-Ed: How have recent geopolitical tensions affected the cryptocurrency market
The recent geopolitical tensions in Russia and Ukraine have dramatically affected the prices of cryptocurrencies . When Russian...
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Senator proposes criminalization of crypto frauds in New York
TL; DR Breakdown Senator wants to criminalize crypto frauds in New York Senator Thomas wants a clear and strict guideline The bill is...
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New York could ban crypto mining, according to the state parliament
TL;DR Breakdown • Parliamentarians will meet on April 25 to discuss cryptocurrencies. • New York Mayor seemingly against the regulatory law...
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RBI rejects MobiKwik`s payment aggregator license application on crypto association grounds
TL;DR Breakdown The Reserve Bank of India (RBI) turns down MobiKwik`s application to run Zaakpay. MobiKwik halts taking in more clients...
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Ukraine’s central bank bans purchasing cryptocurrency using local currency
Ukraine’s central bank has banned the purchase of cryptocurrencies using the country’s local currency, invoking martial law, which...
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The Bahamas government to allow residents to pay taxes with crypto in 2022
TL;DR Breakdown The Bahamas government intends to allow Bahamian residents to pay taxes using digital assets. The Bahamian nation works...
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Ukraine ban the purchase of crypto with fiat
TL; DR Breakdown Ukraine halts purchase of crypto with fiat The country plans to eliminate the outflow of capital Banks have previously...
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US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver
The U.S. has announced new sanctions against entities connected to Russia, and this time around, one of them is a crypto mining company,...
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India’s Finance Minister says crypto could be used for illicit activities
India’s Minister of Finance, Nirmala Sitharaman, believes crypto can help facilitate terrorist financing and money laundering. She said this...
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IMF releases financial stability report, identifies risks of crypto and calls for uniform regulations
The International Monetary Fund (IMF) has released its quarterly Global Financial Stability Report , and there’s copious mention of...
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Ireland to bar political parties from accepting crypto donations
Ireland will prohibit political parties from accepting crypto donations under new political integrity laws. A report unveiled this news on April...