Cryptocurrency Ban
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Ron DeSantis Pledges to Ban CDBCs If Elected President
The US presidential aspirant Ron DeSantis announced plans to restrict the use of central bank digital currencies (CBDC) once he…
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Monetary Authority of Singapore Set to Ban Crypto Lending and Staking Offering for Retail Investors
On Monday, July 3, the Monetary Authority of Singapore (MAS) issued an official publication outlining the new measure to support…
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Australian Treasury Warns Debanking Threatens Plunging Crypto Industry
Through the Treasury, the Australian government waded into the recent trend of financial institutions terminating banking services rendered to the…
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Japan Exempts Token issuers From Incurring 30% Tax on Unrealized Crypto Gains
The partial amendment to the corporate tax guidelines by Japan’s National Tax Agency (NTA) is offering a new treatment for…
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Ripple CEO Urges Sustained Fight to Deliver Regulatory Clarity for Crypto
Ripple chief executive Brad Garlinghouse rebuked the US financial watchdog in a video conveyed via Twitter for acting in bad…
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Scrutiny of Tether’s Reserve Statements Reveal China Ties Backing USDT
The review of documents obtained by the attorney general’s office in New York regarding the USDT reserve backing reveals a…
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Nigeria Imposes 10% Tax on Capital Gains from Crypto
Legislators in Nigeria have implemented new laws on local cryptocurrency trading practices. The new regulations have now levied a 10…
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Tether to Support El Salvador in Establishing $1 Billion Renewable Energy Project
The leading stablecoin issuer Tether announced on Tuesday plans to partner with the El Salvador government. Per the announcement, Tether…
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Chinese City Nanjing Releases Government-backed Metaverse Platform
The capital city of Jiangsu province revealed unveiling a metaverse-based innovation platform to enhance research efforts. The platform aims to…
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Malaysia’s Securities Commission Orders Cryptocurrency Exchange Huobi to Cease Operations
The Securities Commission of Malaysia has ordered Huobi to stop operations in the country. Huobi Global has been operating in…
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UK Treasury Commitee Asks Government to Regulate Crypto Just Like Gambling
The Treasury department of UK has decided to treat digital asset sector as unbacked entity. It means that they plan…
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Coinbase Warms Up To UAE Lawmakers Amid US Regulations Crisis
Latest reports revealed that Coinbase CEO Brian Armstrong, alongside other firm executives, is set to meet with the UAE Lawmakers…
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North Carolina Becomes the Latest State After Florida to Pass Anti-CBDC Legislation
North Carolina has joined the list of US states that have passed anti-CBDC legislation recently. The lawmakers in North Carolina…
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Senator Elizabeth Warren Wants to Impose a De Facto Ban on Crypto, Says Jake Chervinsky
Jake Chervinsky is the chief policy officer of the blockchain advocacy group. The executive has claimed that Senator Elizabeth Warren…
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US Slams North Korean Banker With Double Indictment Over Crypto Laundering
The US regulators have reportedly accused a North Korean Bank official of using virtual private networks (VPNs) and digital assets…
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Australian Securities Regulator (ASIC) Terminates Binance Derivatives License
The recent update issued by The Australian Securities and Investments Commission (ASIC) confirmed the termination of the license awarded to…
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