The Ethiopian National Bank Issues a Warning Against Digital Currency Transactions
While other nations, such as the Central African Republic, have accepted bitcoin as legal tender, Ethiopia’s National Bank has stated in a statement released on...
Crypto Regulation
News about Regulation
Cryptocurrencies and blockchain technology are relatively new to everyone. That is why many countries are still adjusting to this new world and starting to establish laws and regulations about it.
To avoid problems and penalties, and to take advantage of all the opportunities, you should be aware of everything about cryptocurrency regulations.
In this section of The Cryptocurrency Post you will find all the news you need to stay up to date.
Australian Gold Coast Mayor Suggests Using Cryptocurrencies for Tax Payments
Mayor Tom Tate of the Gold Coast, Australia, has suggested that in the future, people could use cryptocurrencies to pay local taxes, but critics have...
The New York Senate Passes a Bill to Ban Bitcoin Mining
During an early morning session of the state senate on Friday, New York lawmakers passed a bill banning some types of cryptocurrency mining that use...
Japan Passes Bill Clarifying Legal Status of Stablecoins
by Jai Hamid
Japan has enacted a significant bill defining the legal status of stablecoins, leapfrogging other nations in the rush to establish safety nets around the tokens...
Stablecoins Fail to Meet Requirements for Massive Use, Bank of England Says
As a result of the recent TerraUSD crash, which dropped to zero over the course of many days, sliding below parity, a Bank of England...
Britain’s Finance Ministry Will Adapt Existing Rules to Deal With Any Stablecoin Collapse
Following the crash of Terra’s stablecoin earlier this month, the UK Treasury has proposed a new insolvency regime to safeguard consumers’ assets, as Britain’s finance...
South Korea is Establishing a Crypto Regulatory Agency
by Jai Hamid
According to local media sources, South Korea plans to establish a digital asset monitor as early as June. Since the Terra ecosystem’s demise, the South...
China Eases Covid Restrictions and Crypto Market Rises
The worldwide cryptocurrency market has seen a modest boost in its price, making it an exciting start to the week for Bitcoin and other major...
Australian Consumer Advocates Call for Urgent Regulation of the Crypto Sector
An Australian consumer advocacy organization, Choice has urged the new Labor government to prioritise cryptocurrency regulation as part of a proposed regulatory framework to better...
India has Prepared a Consultation Document on Cryptocurrencies
by Jai Hamid
According to Ajay Seth, the country’s economic affairs secretary, inflation in India is expected to decline in the next months and the government is set...