Cryptopolitan
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Honduras special economic zone recognizes Bitcoin as legal tender
TL;DR Breakdown The Próspera ZEDE economic zone in Honduras to make Bitcoin a de facto currency. The Central Bank of Honduras expresses...
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Janet Yellen calls for crypto regulation based on risk and not technology
TL;DR Breakdown The United States Treasury Secretary, Janet Yellen, calls for crypto regulations that strike a balance between risk and...
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India’s Sushil Kumar Modi calls for 50% tax increase on cryptocurrency returns
TL; DR Breakdown India’s parliament member Modi called for a 50% tax increase on crypto profits. The government recently imposed a...
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UK government tables stablecoin regulation discussions
TL;DR Breakdown • National Secretary believes it is time for the crypto trade to move forward. • Major agents in the UK government could...
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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...
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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...
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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...
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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...
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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...
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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...
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Voyager slammed with desist order in New Jersey
TL; DR Breakdown Voyager slammed with cease and desist order The firm has over 52,000 users in NJ US regulators continue to clamp down...
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Cryptocurrency: Central Bank of Sudan Warns Citizen
TL;DR Breakdown Sudan Apex’s bank warn its citizen about Cryptocurrency. The Depreciation of Sudanese Pounds continues. The...
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US House Committee Chair proposes a bill to create “E-Cash” digital dollar
TL;DR Breakdown The chairman of the House Financial Services Committee’s fintech task force has introduced a bill to establish...
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Italian bank sued for $144 million by a crypto mining company
TL;DR Breakdown Italian bank fined $144 million for customer violation. Banks are under economic scrutiny amid the Russia-Ukraine war....
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Japan tightens crypto regulations to impose financial sanctions on Russia
TL;DR Breakdown Japan is planning to modify its Foreign Exchange and Foreign Trade Act to bring crypto exchanges under the bank-regulatory...