REGULATION
Hong Kong Regulator SFC Warns ICOs as Unauthorized Investment Schemes
The Hong Kong Securities and Financial Commission have issued a warning to the public to beware of unregulated investment schemes, such as digital tokens and initial coin offerings (ICO).
Cuba's Central Bank Moves to Legalize Use of Cryptocurrencies
The Central Bank of Cuba has recently announced that it will legalize and regulate cryptocurrencies. Cuba has been rising interest in cryptocurrencies like Bitcoin partly under toughened American embargo rules on the nation.
Bitcoin ATM Operators Joins Forces to Float New Compliance Cooperative
A group of crypto industry Bitcoin ATM operators and firms have floated the Cryptocurrency Compliance Cooperative to bolster regulatory compliance.
US SEC Boss Gary Gensler Calls to Regulate DeFi Projects
The US Securities and Exchange Commission Chairman Gary Gensler is pushing to regulate the decentralized finance (DeFi) landscape. He recently said that DeFi is adequately organized and therefore needs regulatory compliance.
South Korea Crypto Sector Face Headwind over Stricter Legal Regulations Challenges ahead
Crypto sectors and retail investors face a tough time as the finical regulators in South Korea are about implementing tougher and stricter administrative measurements to supervise the crypto industry.
Dutch Central Bank Challenges Binance's Legality against its Operation
Binance faces another legal challenge for its operation. Dutch Central Bank says Binance is not legally registered and is operating illegally in the country.
DBS Bank Gets Approval from the Monetary Authority of Singapore to Provide Crypto Payment Services
Singapore-based DBS Bank has officially received approval from the Monetary Authority of Singapore (MAS) to provide cryptocurrency payment services, starting from next Monday.
Crypto Tax Accounting Software Provider TaxBit Raises $130M From Investors
TaxBit has raised a $130 Million from investors to boost its tax reporting tools
Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?
US Treasury Sec is opposed to the pro-Bitcoin amendments to the infrastructure bill. Here are some insights behind the story.
U.S. Intends to Impose Tax on Crypto to Support Infrastructure Construction Amid Musk and Dorsey Express Strong Dissatisfaction
As the bipartisan Senate began to vote on President Joe Biden's infrastructure package, the taxation of cryptocurrency transactions in this infrastructure plan cited Tesla CEO Elon Musk, Jack Dorsey, Senator Criticism by Ted Cruz, and others.