REGULATION
Japan to Introduce Legislation Governing Banks and Crypto Exchanges
The Japanese government is pushing for new legislation that will request cryptocurrency trading platforms operating in the country become governed by the same rules that apply to banks.
UK to Unveil Plans for Crypto Regulation, Eyeing Stablecoins
According to CNBC, the U.K. government will announce a cryptocurrency regulatory regime in the next few weeks, with a focus on stablecoins, and the details of the plan are still being actively discussed.
Rio de Janeiro to Accept Crypto Property Tax Payment from 2023
Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.
UK Regulator Issues Fresh Warning to Crypto Firms amid Key Deadline Approaches
FCA issued a release with an even more direct message notifying crypto firms that they must bring their operations into compliance within the law or face potential regulatory action.
Bank of England Outlines Framework for Regulating Crypto Assets
The Bank of England has announced a notice outlining securities law requirements that apply to cryptocurrency trading and how they may be tailored for the crypto’s business model.
India's Proposed Crypto Tax Rules May Become Law
India's proposed crypto tax rules may become law tomorrow through parliament.
BIS Identifies Three Key Factors as Challenges of Wholesale CBDC
The Central Bank Digital Currency (CBDC) project of the Bank for International Settlements (BIS) is generating more questions than answers as the multinational banking institution weighs in the technical and governance challenges that embody the attempt to create a multi-platform CBDC product.
Malaysian Communications Minister to Propose Crypto Legalization
Datuk Zahidi Zainul Abidin, the deputy minister of the Malaysian Ministry of Communications and Multimedia, is rallying the government to legalize cryptocurrencies to benefit the tech and crypto-savvy population.
Three EU Regulators Warn Crypto Investors of Potential Losses
Three European Union regulators have warned investors of the potential loss in the digital currency ecosystem.
Ukrainian President Signs Law to Establish Regulatory Framework for Crypto
Amidst the ongoing war on its shores, Ukraine President Volodymyr Zelenskyy has signed into law the bill that will legalize digital currencies in the country.