Bitcoin (BTC) Surges Above $41K Amid Joe Biden’s Crypto Executive Order
Bitcoin (BTC) surges above $41K on Wednesday morning, March 9, amid the news that US President Joe Biden has signed an executive order which supports crypto innovation.
Crypto regulations (Latest Publications)
The European Parliament Wants Ban PoW Cryptocurrencies in EU by 2025
The European parliament has reportedly drafted legislation to ban Bitcoin (BTC) and other Proof-of-Work (PoW) crypto assets in the European Union (EU) by 2025.
New Russian Crypto Law will Consider Crypto Assets as Currencies
The crypto sector can enjoy a piece of good news as reports suggest that the new Russian crypto law will consider crypto assets as currencies that can be used within regulated organizations in the country.
Atomyze Becomes the First Regulated Digital Asset Issuer in Russia
Atomyze, a Russian tokenization platform, has become the first registered digital assets issuer in the country after receiving a license from the Central Bank of Russia.
Thailand rectifies and removes its proposal for a 15% withholding tax on cryptocurrency transactions
Thailand has shelved plans to levy a 15 percent withholding tax on cryptocurrency transactions after receiving strong opposition from traders. The country is one of the
Thailand Adding Controls on Digital Assets
Thailand is adding regulations about the use of digital assets for product and service payments. Government authorities kind of fear that cryptocurrencies could jeopardize the country’s
IMF Advises El Salvador to Eliminate Bitcoin as Legal Currency
IMF Advises El Salvador to drop the legal status of the world’s largest cryptocurrency in the country citing volatility and other stability concerns.
SEC has issued $2.35 billion in penalties against crypto participants since 2013
America’s SEC is still enforcing strict regulations over cryptocurrencies. Even the new administration hasn’t changed much.
SoFi cannot engage in any crypto activities or services if it launches bank: OCC
To establish SoFi Bank, National Association (SoFi Bank, N.A.), the Office of the Comptroller of the Currency (OCC) conditionally authorized applications from Social Finance Inc. (SoFi)
State Bank of Pakistan Recommends Outright Ban on Cryptocurrencies
The State Bank of Pakistan (SBP), the central bank of the country, has recommended an outright ban on cryptocurrencies in a report submitted to the court.
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