Crypto Regulation
Senator Lummis to Introduce Bill Making Bitcoin a U.S. Reserve Asset
Senator Cynthia Lummis plans to introduce new crypto-friendly legislation. The bill requires the Federal Reserve to buy and hold Bitcoin as the country’s strategic reserve.…
Bitcoin Kimchi Premium Collapses as Korean Crypto Market Cools
Korean crypto exchanges saw a sharp decline in trading volume. Bitcoin Kimchi Premium plummeted, indicating cooling demand. Bithumb retained market share despite the overall downturn.…
SEC’s Crypto Power Grab Challenged by Iowa-Led State Lawsuit
Seven US States filed an amicus brief against the regulatory overreach of the SEC. The amicus brief argues that the SEC’s autocratic power thwarts US…
FATF Pressure Prompts Argentina’s Crypto Tax Amnesty and Regulatory Overhaul
Argentina announces a new regulatory policy involving a fiscal package of tax amnesty. The tax amnesty is meant for traders who own up to $100,000…
Putin’s Take on Crypto: Balancing Innovation and Control in Russia
Vladimir Putin plans to swiftly develop a framework to regulate crypto. Putin also seeks to roll out the digital ruble on a larger scale soon.…
Russia Launches Crypto Payments System to Circumvent Sanctions
Russia speculates that the implementation of new legislation should include crypto in international payments. The regulators identify the necessity of launching regulatory measures to mitigate…
Decoding MiCAR: A Comprehensive Guide to the EU’s New Crypto Asset Rules
European Supervisory Authorities release new guidelines to standardize crypto-asset classification. MiCAR guidelines propose standardized templates and tests for crypto-asset regulatory clarity. Stakeholders are invited to…
Taiwan Tightens Crypto Regulations: VASPs Face AML Compliance
Legislative Yuan passed amendments in the country’s AML law to include crypto. The exchanges in the region will now have to implement an AML system.…
Inflation Eases, Job Market Strong: Will the Fed Cut Rates in 2024?
August rates are likely to remain steady. September may see a 25-50 basis point cut. Fed signals possible rate cuts delayed to 2025, with four…
Thailand Digital Wallet Registration Guide: How to Get Your 10,000 Baht
Registration for Thailand's 10,000 baht digital wallet opens August 1st. Applicants must be 16+ with income and assets below specified limits. The government aims to…
