Portugal Plans To Impose Tax on Individual Crypto Gains
Portugal, which is regarded as the most cryptocurrency-friendly nation in Europe, has decided to tax digital asset gains on purchases held for less than a year in an…
crypto regulation
Crypto Regulations Should be Similar to Traditional Bank Rules, Says Fed Vice Chair
Vice Chair for Supervision at Federal Reserve in his first address after assuming office, Michael S. Barr asserted that cryptocurrency activity requires the same…
Russia Considers the Potential Legalization of Crypto for Cross-border Payments
Russia is rethinking its position on cryptocurrencies and evaluating the potential of utilizing them for cross-border transactions.
Singapore Plans to Introduce Stricter Rules to make Crypto trading more Difficult for Retail Investors
According to a Reuters report on August 29, the head of Singapore’s central bank said that the country is mulling new measures that will…
The Majority of Russians don’t Understand how Cryptocurrency Works: Report
Just a tiny percentage of Russians actually understand how cryptocurrencies function and the vast majority have never bought any, according to a new survey.…
European Central Bank Begins Work on Crypto Regulation
The European Central Bank has built the basis for the factors it would take into account when unifying the licensing requirements for crypto assets…
Reserve Bank of India Thinks Crypto Should Be Banned
According to Finance Minister Nirmala Sitharaman, the Reserve Bank of India (RBI) is in favor of banning cryptocurrencies in India, but there has to…
G20 to Propose “Robust” Global Rules for Cryptocurrencies in October
Following recent market instability that has highlighted the need for regulation, the Financial Stability Board (FSB), a group of regulators, treasury officials, and central…
Gary Gensler Proposes A Single Rule Book To Regulate Cryptocurrency
SEC Chairman Gary Gensler has allegedly advocated one rulebook for the regulation of crypto assets, according to reports. To go ahead, the sector must…
Digital Currency Monetary Authority Unveils Global Compliance Framework
The Digital Currency Monetary Authority (DCMA) has unveiled a framework complying with international regulations for expanded usage of cryptocurrencies and digital assets in banking…
Governor of Bank of Jamaica Thinks Cryptocurrency Isn’t Reliable Enough for Payments
The governor of Jamaica central bank has warned anyone who is using or planning to utilize cryptocurrencies about the dangers they pose. The governor…