Regulation news · Page 203
Kenya Faces Critical Choices on Crypto Tax That Could Impact Africa's Digital Future
Kenya's proposed 1.5% crypto tax may jeopardize its fintech leadership and hinder Africa's digital economy by pushing startups and users to less regulated areas.
Authorities Take Down $123 Million Money Laundering Network in Queensland, Arrest Four
Four individuals have been charged in Australia for their role in a $123 million crypto money laundering operation, linked to organized crime.
Ethiopia's Financial Intelligence Service Moves Towards Crypto Regulation Amid Ban
Ethiopia plans to regulate cryptocurrencies despite an ongoing ban, aiming to combat financial crimes linked to virtual currencies.
Malaysia's Cryptocurrency Mining Sector Faces Challenges Amidst Growth Potential
Illegal crypto mining in Malaysia is surging amid unclear policies, causing significant electricity theft and potential loss to the economy.
Ripple's CTO Shares Deep Insights on Roger Ver's Ongoing Legal Battles
Ripple CTO David Schwartz shares insights into the controversial legal case against Bitcoin's 'Jesus,' Roger Ver, highlighting systemic persecution and ideological…
Progress in Hong Kong's e-HKD+ Pilot Initiative: A Focus on Tokenization Technology
Explore Hong Kong's e-HKD+ pilot program focusing on tokenization technology to enhance payment infrastructure and reduce transaction risks.
Michelle Bowman Confirmed as New Vice Chair for Federal Reserve Supervision: A Shift in Crypto Regulation on the Horizon?
Michelle Bowman is now the Federal Reserve's vice chairman for supervision, leading crypto regulation and possibly shifting the Fed's cautious stance on digital…
XRP Joins Nasdaq Crypto US Settlement Price Index, Paving the Way for Institutional Investment
XRP's inclusion in the Nasdaq Crypto US Settlement Price Index signals a significant move towards institutional adoption and market growth for digital assets.
U.S. Government Moves to Reclaim $7.7 Million in Cryptocurrency Linked to North Korean Fraud Scheme
The DOJ is seeking a $7.7 million forfeiture in crypto from North Korean hackers who posed as IT workers to launder profits and evade sanctions.
Zebec Network's Acquisition of Gatenox: A Strategic Move Towards Compliance in the Crypto Space
Zebec Network's acquisition of Gatenox enhances compliance in response to upcoming EU crypto regulations, signaling a shift away from anonymous DeFi.
Spain Set to Enhance Cryptocurrency Regulation with New Tax Law by 2026
Spain's new law mandates crypto exchanges to report user data and enables tax authorities to seize digital assets for tax debts, aligning with EU DAC8 directives.
Paul Hui, Hong Kong's Treasury Secretary, Affirms Redemption of Stablecoins Must Occur Within One Business Day
Hong Kong Treasury Secretary Paul Hui emphasizes that stablecoin redemptions must occur within one working day, ensuring quick access for users.
Urgent Call for Congressional Action on Cryptocurrency Regulation: Behnam's Testimony Highlights Risks Ahead
Former CFTC Chair Rostin Behnam urges Congress for urgent crypto regulations to protect investors and ensure market stability before potential chaos.
Bit Global Terminates $1 Billion Lawsuit Against Coinbase Following Settlement
Bit Global drops its $1 billion lawsuit against Coinbase, concluding the dispute over WBTC delisting, with both parties bearing their own legal costs.
Reserve Bank of India Reaffirms Opposition to Cryptocurrencies Amid Regulatory Uncertainty
The RBI maintains a strict opposition to cryptocurrencies due to risks to financial stability, amid efforts for clearer regulations in India.
AUSTRAC Implements Stricter Regulations for Crypto ATMs Amid Rising Fraud Concerns
AUSTRAC tightens regulations on crypto ATMs in Australia amid rising scams, particularly impacting seniors aged 60-70. New limits introduced to enhance safety.
The End of Regulatory Evasion for Cryptocurrency Firms in Singapore
Singapore tightens regulations on unlicensed crypto firms, insisting they must get licensed or cease operations, amid a global compliance crackdown.
Jonathan Mann Shares Tax Struggles After Earning Millions from NFT Sales
Singer-songwriter Jonathan Mann shares insights on his taxing NFT sales experience, highlighting the urgent need for creators to convert crypto earnings to cash.
Federal Reserve Moves to Clarify Crypto Regulations, Paving Way for Financial Innovation
The Federal Reserve is set to clarify crypto regulations, aiming to boost innovation in digital assets and financial technologies with precise guidance.
Advocacy Groups Rally for Dismissal of Legal Charges Against Samourai Wallet
Crypto advocacy groups advocate for the dismissal of charges against Samourai Wallet, arguing it doesn't function as an illegal money transmitter.
