Regulation

Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency

Costa Rican Congresswoman Johana Obando proposed a bill titled  “Cryptoassets Market Law (MECA),” to regulate and recognize cryptocurrency in the...

US lawmakers express concern over crypto firms hiring former government officials

Five US Democratic lawmakers led by Senator Elizabeth Warren have written the heads of several financial regulators in the country,...

Australia confirms crypto transactions will be subject to capital gains tax

Australia confirmed cryptocurrency transactions would be taxed as an asset and no longer a foreign currency, according to budget papers...

Is China about to catalyze the crypto bull market through Hong Kong?

Former BitMEX CEO Arthur Hayes posted an extensive Medium article titled “Comeback.”It went into depth on the complicated relationship between...

Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins

The Monetary Authority of Singapore (MAS) published two consultation papers via its official website on Oct. 26, highlighting regulatory measures...

Stablecoin regulation could spell the beginning of the end for DeFi

Ever since the concept of decentralized finance (DeFi) came to the forefront of the crypto space back in 2020, critics...

UK lawmakers votes to recognize crypto as regulated financial instrument

UK lawmakers in the House of Commons have voted to recognize crypto as a regulated financial instrument in the country.The...

South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws

The Financial Services Commission (FSC), South Korea’s financial regulator, will monitor the country’s largest crypto holders after raising concerns about...

Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin

The Australian Securities and Investment Commission (ASIC) has launched legal action against BPS Financial Pty Ltd (BPS) over engaging in...
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