Regulation

US bars crypto holders from contributing to crypto policies

The United States Office of Government Ethics on July 5 issued a legal advisory warning that banned government employees holding crypto assets from...

Belgium starts consultation on classification of crypto as securities and investment instruments

Belgium is holding an open consultation to determine if it should classify certain crypto assets as securities, investment instruments, or financial instruments. The...

India is investigating crypto exchanges compliance to foreign exchange laws

India’s Directorate of Enforcement has sent notices to crypto exchanges to determine whether they violated the country’s Foreign Exchange Management Act (FEMA), Economic Times...

India’s crypto tax impacted trading frequency of 83% of traders, says survey

A survey conducted by crypto exchanges WazirX and Zebpay found that 83% of traders believe India’s 30% tax on all cryptocurrency and non-fungible...

U.S. states rethinking crypto tax payments amid bear market

U.S. states except for Colorado and Utah are rethinking allowing tax payments due to bear market prices, Bloomberg News reported July 5.While Colorado...

BoE calls for tougher rules as crypto market plunges $2 trillion

Bank of England’s (BoE) Financial Policy Committee believes the crypto industry needs more stringent regulations as the crypto market cap’s decline from almost...

U.K. tax authorities seek public consultation on DeFi tax treatment

U.K. tax authority H.M. Revenue and Customs (HMRC) opened a public consultation on the tax treatment of DeFi lending and staking on July...

Singapore eyes more regulation to protect retail investors from crypto winter fallout

The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse...

Argentinians turn to crypto after economy minister resigns

Argentina’s Economy Minister Martin Guzman announced his resignation on June 3, pushing citizens to seek hedges in crypto and causing the price of...
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