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Regulation
The CFTC’s Ooki Dao action is a bad omen for American crypto developers
Considerable anxiety exists in the world of Web3 related to regulation and the legal status of cryptocurrency projects. It’s particularly apparent in the United States, where the Commodity Futures Trading Commission (CFTC) fueled…
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US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is…
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may…
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The SEC should be aiming at Do Kwon — But it’s getting distracted by Kim Kardashian
In less than a week, Terraform Labs founder Do Kwon’s passport will expire. Interpol issued a red notice for Kwon last month, and this month, his assets were reportedly frozen by the South Korean government. Kwon has been tweeting freely…
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Portugal working on new crypto tax legislation to levy 28% capital gains tax
An official report released by the Portuguese government shows that the country is working on a new cryptocurrency tax legislation scheduled for enacting in 2023.
The…
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Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto – Regulation Bitcoin News
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest…
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City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
The city notice effectively stops the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion is in compliance with local zoning ordinances.
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EU bans crypto wallets in new sanctions against Russia
EU regulators have announced new cross-border crypto sanctions against Russia, banning crypto wallet accounts and custody services.
The European Commission has…
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India’s Central Bank RBI Publishes Digital Currency Details — Confirms Digital Rupee Pilot…
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple…
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EU Council approves MiCA text, proposal moves to Parliament for a vote
The Council’s Permanent Representatives Committee chair confirmed that the MiCA framework would go through “should the European Parliament adopt its position at first reading.”
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Binance obtains a licence to operate in Kazakhstan
Binance received a licence to operate its crypto exchange in Kazakhstan a few days after signing a Memorandum of Understanding with the country’s financial regulator.…
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