Crypto Regulation
Slovakia Eases Crypto Tax Burden with Clear Legislation
Slovakia has recently made headlines with the passing of a bill that significantly reduces the tax burden on cryptocurrencies. The new legislation, set to take effect on January 1, 2024,...
Do Kwon Sentenced to Jail and South Korea Tightens Crypto Laws
South Korea has recently approved its first independent digital-asset bill aimed at enhancing investor protection. In related news, Do Kwon has been sentenced to jail for four months after attempting...
South Korea Passes Landmark Crypto Bill Tackling Crypto Scandals
South Korea passes its first standalone digital-asset bill. The bill aims to safeguard investors and address crypto scandals. The legislation defines digital assets and imposes penalties for violations. South Korea...
Ripple Debunks 5 Common Crypto Myths, Stressing Real-world Utility
Ripple proactively addresses and debunks common crypto myths. The firm promotes a better understanding of crypto potential in the real-world. Major brands like PayPal and Visa already embrace crypto. Recently,...
Hong Kong To Introduce New Licensing for Crypto Exchanges This Month
Hong Kong is set to implement a new licensing system for virtual asset providers. It aims to regulate the virtual asset industry and protect investors comprehensively. Hong Kong’s regulation showcases...
Singapore Regulators Propose a Common Protocol for Cryptocurrencies
The Monetary Authority of Singapore (MAS), Singapore’s financial regulatory authority issued a proposal of a common protocol for the use of cryptocurrencies on a distributed ledger. The MAS released the...
SEC’s Proposal Threatens US Blockchain Industry, PolygonLabs Responds
Rebecca Rettig, Chief Policy Officer at PolygonLabs, has come out strongly against the U.S. Securities and Exchange Commission’s (SEC) proposed rule change redefining ‘exchange.’ In her response, Rettig declares this...
Hong Kong SFC Puts Crypto Exchanges on Notice With New Regulations
Hong Kong is strengthening control over its virtual asset trading platforms (VATPs), preparing for a 12-month transitional phase that began on June 1, 2023. The new regulatory system is focused...
Coinbase’s Legal Chief Testifies Before US Congressional Committee
Coinbase’s Chief Legal Officer Paul Grewal recently appeared on Capitol Hill to testify before the US House Committee on Agriculture. During his testimony, Grewal called out the SEC for its...
Crypto Lawyer Deaton Phone Hacked, False $LAW Token Announcement Made
The phone of prominent crypto advocate John Deaton was hacked. The compromised phone falsely unveiled $LAW as an official token of CryptoLawUS. Users are urged to disregard the fraudulent announcement...
Digital Outlook Shares His Thoughts on Whether Ripple XRP Case Is Really Over
YouTuber David from Digital Outlook speculates on why June 2023 could be a game-changing month for the ongoing Ripple vs. SEC lawsuit in one of his recent videos. David talks...
Hope Judge Addresses Issue of Whether XRP is Security: Crypto Lawyer
In a recent tweet, lawyer Bill Morgan says that in the Daubert motion decision, Judge Analisa Torres provided a clear stance on the specific matter she must resolve. The decision...
US Omits 30% Crypto Tax in New Debt Ceiling Bill; Crypto Twitter Celebrates
In a major victory for crypto miners in the United States, the Biden administration has decided against including the controversial Digital Asset Mining Energy (DAME) excise tax in its latest...
US Suspends Debt Ceiling: BTC and ETH Show Price Hikes
US President Joe Biden and the Republican member Kevin McCarthy decided to suspend the US debt ceiling. The announcement has been a solace to the crypto industry which was immersed...
Dubai Regulator Warns on Crypto Jurisdictional Regulatory Gaps
There is a need for crypto regulators across the world to talk to each other as it would help to check bad actors from exploiting regulatory gaps, according to Elisabeth...
IOSCO Unveils Global Crypto Regulation and Digital Markets Strategy
On Tuesday, the International Organization of Securities Commissions (IOSCO) introduced a groundbreaking worldwide strategy for overseeing crypto assets and digital markets, Reuters reported. This regulatory framework incorporates valuable insights from...
Hong Kong’s SFC Enacts Regulatory Framework for Virtual Asset Trading
The Securities and Futures Commission (SFC), an independent statutory body charged with regulating the securities and futures markets in Hong Kong, has released its consultation conclusions on the proposed regulatory...
Lack Of Clear Crypto Regulation Intentional: Michael Saylor
The co-founder of MicroStrategy and notorious Bitcoin (BTC) fan Michael Saylor, shared some of his thoughts relating to the crypto space in a recent interview at the Bitcoin 2023 conference...
Crypto Lawyers Say SEC v Ripple Judge May Find XRP a Non-Security
Crypto lawyer Jesse Hynes believes that the judge overseeing the Securities and Exchange Commission’s lawsuit against Ripple may rule XRP as a non-security digital asset if a clear distinction is...
South Korea Approves Bill Requiring Crypto Disclosure For Officials
On Monday, a Korean parliamentary subcommittee approved a bill that includes cryptocurrency and other virtual assets in the annual asset disclosure requirements for elected and high-ranking government officials, reported a...
Influencer Hints at Ripple’s Involvement in UK Crypto Regulation Report
Crypto analyst Cypress de Manincor claimed Ripple was involved in the UK lawmaker report on crypto that was published this week. “Isn’t Ripple being sued for selling unregistered securities? So...
Cryptocurrency Will Face Permanent Ban in Pakistan: Finance Minister
Where Europe and the UAE are embracing cryptocurrencies, Pakistan is deciding to do the opposite and ban them. Pakistan’s Senate Standing Committee on Finance spoke about the execution of legislation...
Lawyer Contests DOJ Skyrocketing Crypto Crime Claim, Demands Evidence
Lawyer questions DOJ’s claim of increased crypto crime, demanding evidence. US regulator emphasizes laser-focused mission to target crypto exchanges. The NCET intensifies efforts against crypto investment scams, recovering $112M. Renowned...
EU Spearheads Global Crypto Reform With MiCA Regulation Approval
EU approves groundbreaking legal framework on markets in crypto-assets (MiCA). MiCA sets out to regulate the crypto-assets sector, protecting investors and preventing further misuse of crypto. The new crypto regulation...
Crypto Insider on the SEC: “An Embarrassment to the United States”
Crypto Personality Adam Cochran calls the SEC’s slow-paced rule-making to be an embarrassment to the United States. Journalist Eleanor Terrett highlighted the SEC’s active filing and proposal of new rules...
