Crypto Regulation

FTX CEO, Sam Bankman-Fried announced that FTX gains approval to operate in Dubai. FZE, a subsidiary of FTX received the license under VARA’s MVP program in July. SBF adds that...

Japan revises six laws related to the Foreign Exchange Act. The bill proposes an increase in penalties for crimes related to money laundering Crypto exchanges will now be required to...

Indian Finance minister announced plans to develop Crypto SOPs. Minister claims no single nation can regulate the crypto sector on its own. She emphasized the need for international cooperation. India‘s...

Sitharaman pointed out that G-20 or the World Bank, are assessing crypto assets. She said that no single country can effectively handle or regulate crypto assets. G20 countries have concerns...

Elon Musk was under investigation by federal authorities. The Investigation was based on his $44 billion deal with Twitter. The filing did not particularly mention the reason for the investigation....

New bill states miners will have to mandatorily trade on domestic crypto exchanges. The draft proposes to impose various taxes on miners’ earnings. The focus is on production and circulation...

Portugal’s government proposes a new crypto tax policy in its 2023 national budget. The government is planning to inflict a 28% capital tax on all crypto gains. Portugal also intends...

Former Treasury Secretary wants Bitcoin value to drop. The Federal Reserve continues to hike rates to curb inflation. BTC price has fallen by 2.42% in 24 hours. While the Federal...

California governor, Gavin Newsom vetoed a crypto licensing and regulations bill on Friday. The bill will create a licensing regime for those looking to streamline crypto transactions. If the bill...

South Korean authorities seize cryptocurrencies worth $184 million as tax debts. The seizures were executed over a time span of 2 years. Almost a third of the total cryptocurrency was...