CryptoSlate
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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...
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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...
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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....
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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...
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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...
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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...
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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....
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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...
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Barriers to mass adoption: How can the crypto industry attract retail investors?
Since March 2020, the global crypto market has skyrocketed by a phenomenal 900%, with no sign of slowing down anytime soon. When looking at...
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FCA angers lawmakers by extending crypto compliance deadlines
The UK’s Financial Conduct Authority (FCA) released a notice in 2019 , condemning all crypto businesses to comply with their AML/CFT rules...
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US warns crypto firms against helping Russia
Anyone who seeks to help Russia bypass economic sanctions will be held accountable by the US government, says Deputy U.S. Treasury Secretary...
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Confirmed: Russians do not evade sanctions using crypto, Chainalysis
As Russia’s war in Ukraine continues, cryptocurrencies are taking on an important role in the conflict, but not in the capacity of evading...
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Regulators concerned about retail investors’ involvement with “complex crypto products”
Retail investors’ involvement in crypto and traditional finance within the past few years has grown to new heights, which is now giving...
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Exchanges in the Emirates: Crypto.com and Bybit to set up shop in Dubai
Crypto.com and Bybit announced plans to set up offices in Dubai at the World Government Summit on March 28th. The two companies...
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U.S. Treasury wants to include crypto in foreign accounts reporting rules
A new proposal published by the U.S. Treasury suggests that cryptocurrencies such as Bitcoin and Ethereum should be added to the Internal...