Crypto Regulation

Vitalik Butern says crypto must mature to be in sync with regulatory policies. He suggested the use of zero-knowledge proofs to satisfy regulatory needs. Buterin has also touted Bitcoin as...

OECD publishes a framework to aid tax authorities to implement tax regulations. The CARF addresses three phenomena prevalent in the industry. Exchanges or bodies related to crypto-asset transfer are required...

Today, Binance launches its Bahrain platform, binance.bh. Binance Bahrain platform will be a fully regulated platform by the CBB. Bahrain users can access Binance’s full range of regulated crypto-asset exchange...

Vietnam Prime Minister calls for new regulation to monitor crypto operations. “When I have not recognized it [crypto], but in fact, people still trade,” states the PM. Blockchain Association negotiates...

MAS proposed measures to reduce risks to consumers from crypto trading. The regulators also focus on enhancing stablecoin-related activities. The proposed measure will focus on consumer access, business conduct, and...

The UK Lawmakers vote in favor to regularize crypto assets as financial instruments. Andrew Griffith noted that the purpose of passing the law is to treat crypto like other forms...

The new Australian budget considers crypto as an asset class. Crypto trades will now be subject to capital gains tax. Regulators continue to push towards the eAUD CBDC. Under a...

The United Kingdom’s new Prime Minister pushes for CBDC support in the country. Rishi Sunak’s statement was shared by Bitcoin Magazine on Twitter. The PM has been vocal about supporting...

CEO of FTX thanks his critics for their invaluable insights. ‘Glorifying OFAC in proposed crypto-industry standards is a *non-starter,’ says Voorhees. SBF revises alteration and insists that this is not...

All South African crypto businesses must apply for a license to operate legally. Declaration quotes, crypto assets are financial products, not legal tender. The crypto Twitter community finds the move...

The CFTC may be redefining who a retail investor is to capture high and low earners. CFTC boss said the current definition is too broad to encompass below $50k and...

SEC Chairman requests whistleblowers’ help to detect, investigate and prosecute violators. 10%-30% of the money collected will be awarded to whistleblowers with legit information. Empower Oversight blames the former director...

Mairead McGuinness urged the US to create new rules to govern the crypto industry. The commissioner spoke during a trip to Washington DC to discuss the crypto industry regulation. McGuinness...

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...