Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make […]
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a consultation on taxation of activities conducted using crypto assets in DeFi. The new changes are […]
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). […]
Key takeaways Crypto exchange Coinbase has filed a lawsuit against the Securities and Exchange Commission (SEC). Coinbase wants the agency to provide a yes or no to Coinbase’s request for the commission to draft and […]
The Internal Revenue Service (IRS) is planning to send investigators to four countries where they are expected to tackle the use of crypto and decentralized finance products in global financial and tax crimes. According to […]
The MiCA Act was first introduced in 2020. The European Parliament had previously postponed voting on legislation two consecutive times. The MiCA act now awaits approval from the European Council to be published as an […]
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped […]
The European Parliament’s approval of the Markets in Crypto Act, MiCA regulation continues to be hailed as a watershed moment for the crypto space, particularly for Europe. Commenting on the development, Philipp Pieper, co-founder of […]
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the […]
Key takeaways Andrew Griffith has estimated that the UK could roll out its crypto regulation within a year. He pointed out that the UK is working hard to become a crypto hub, promoting innovation while […]
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