Regulation news · Page 128
Shiba Inu Secures Green List Status in Japan, Potential Tax Relief on the Horizon
Japan green-lists Shiba Inu (SHIB) as a crypto asset, proposing a tax cut on profits from 55% to 20%, enhancing its market position and attractiveness.
Rapper Razzlekhan Prepares for Release from Custody with New Single "Turki$h Martha"
Heather Morgan, aka Razzlekhan, is set to release new music after her prison sentence for laundering stolen Bitcoin from the Bitfinex hack.
Iran’s Cryptocurrency Initiative: A Strategy to Navigate Sanctions and Engage with Global Markets
Iran is developing a cryptocurrency strategy with BRICS to bypass international sanctions, emphasizing its necessity for economic survival and trade.
Legal Battle Over CZ's Presidential Pardon Intensifies Amid Corruption Allegations
Changpeng Zhao's lawyer refutes claims that his presidential pardon was influenced by alleged corruption, citing misunderstandings of blockchain technology.
Latam Insights: Brazil's Central Bank Finishes Tough Stablecoin Regulations, Libra Investigation Progresses in Argentina
Brazil's Central Bank finalizes strict regulations for stablecoin transactions, requiring VASPs to obtain authorization, treating them as foreign currency.
Japan's Financial Services Agency to Revamp Crypto Regulations and Tax Framework
Japan's FSA plans to classify crypto as financial products, introduce mandatory disclosures, and implement a 20% tax rate on crypto gains.
Dunamu, operator of Upbit, achieves $165 million profit in Q3, marking 300% year-on-year growth
Dunamu, the operator of Upbit, reports a 300% profit increase in Q3 2023, posting $165M. Discover the factors behind this surge.
China's Criminal Networks Embrace Cryptocurrency for Money Laundering
New research reveals how China's Money Laundering Organisations are increasingly using cryptocurrencies like Bitcoin to bypass capital flight restrictions.
Ripple's Schwartz Clarifies XRP Ledger's No-Tax Policy Amid Utility Concerns
Ripple CTO David Schwartz clarifies that there's no tax on XRP Ledger, highlighting its public good status and minimal transaction fees.
Thai and U.S. Authorities Team Up to Seize $12 Million in Cryptocurrency Linked to Fraud Network
Tether aids global law enforcement in a $12M crypto crime bust, securing USDT linked to a Southeast Asian scam and arresting 73 suspects.
Singapore Strengthens Tokenized Finance as MAS Sets Stablecoin Guidelines and Initiates Trials for Digital Settlements
Singapore's Monetary Authority finalizes stablecoin standards and initiates tokenized trial settlements, enhancing digital asset reliability and cross-border activities.
DOJ Takes Action to Recover $15.1 Million in Stolen USDT Linked to North Korean Hackers
The U.S. DOJ aims to forfeit $15.1 million in USDT stolen by North Korean hackers, tied to the Lazarus Group's cryptocurrency thefts.
CFTC's Role in Regulating Cryptocurrency Seen as Beneficial by ProCap BTC's Jeff Park
Jeff Park argues that CFTC oversight over crypto is correct, emphasizing its role in innovation and capital efficiency amidst complex regulatory discussions.
Oklahoma Resident Sentenced to Five Years for Leading $9.4 Million Crypto Fraud Scheme
An Oklahoma man was sentenced to five years for running a $9.4 million crypto Ponzi scheme, securing investments through false promises.
Alibaba Considers Launching Deposit Token While China Strengthens Stablecoin Regulations
Alibaba explores a blockchain-based deposit token to enhance overseas transactions amid China's tightening grip on stablecoins.
Detroit Resident Sentenced to Nine Years for Financing ISIS through Cryptocurrency
A Detroit man was sentenced to nine years in prison for attempting to finance ISIS through Bitcoin donations, highlighting federal efforts against digital terrorism…
R25, backed by Ant Financial, launches yield-generating stablecoin rcUSD+ on Polygon
R25, backed by Ant Financial, launches rcUSD+, a yield-bearing stablecoin on Polygon, generating returns from conservative real-world assets.
US Banking Association Pushes Against Sony Bank's Cryptocurrency Initiative
Sony Bank's plan for a dollar-pegged stablecoin faces opposition from US banking groups, citing concerns over regulation and consumer protection.
Global Adoption of Blockchain: Insights from Sign CEO Xin Yan
Discover how global governments, led by Sign's CEO, are rapidly adopting blockchain tech for financial modernization and asset tokenization.
Coinbase Decries Banking Lobbyists' Opposition to Stablecoin Payment Incentives as Un-American
Coinbase criticizes US banking groups' push to ban rewards for stablecoin payments, calling it un-American and harmful to consumer choice.
