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Cryptonews Tags Regulation

# Regulation (Page 87)

Singapore Tightens Crypto Rules with New Law on Licenses for Virtual Asset Firms
 In a bid to enforce tightened rules for crypto businesses, Singapore’s unicameral parliament has passed a law that will oblige virtual asset service providers (VASPs) to apply for licenses.The latest development extends the country’s regulations on anti-money laundering and...
, by Jaroslaw Adamowski
UK’s Global Crypto Hub Goal, Intel’s ‘Major Role’ in Bitcoin Mining, KuCoin’s NFT Move + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Adoption news The UK government has today announced moves that they claim "will see stablecoins recognized as a valid form of...
, by Sead Fadilpašić
Coinbase, FTX to Ramp Up Investment in India, But Experts Warn the Country’s Crypto Space May Face Chaos
 Major crypto exchange Coinbase aims to further expand its crypto hub in India by hiring more talent, as crypto derivatives exchange FTX considers investment in India’s Mobile Premier League (MPL), the country's largest eSports and mobile gaming platform. However, Indian crypto veterans...
, by Ruholamin Haqshanas
DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
 The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns.The bank, which is based in Singapore, claimed just weeks ago that it was hoping to open services aligned to its...
, by Tim Alper
Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs
 The ruling Japanese political party’s new non-fungible token (NFT) task force has recommended that the government appoints a “Web 3.0 minister.”As reported earlier this year, the ruling Liberal Democratic Party (LDP), which has ruled Japan since 1955, launched an NFT policy...
, by Tim Alper
Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ NFTs news Ukraine’s recently opened "NFT museum" - Meta History: Museum of War - has already sold 1,282...
, by Linas Kmieliauskas
EU Draft Regulation Threatens Crypto Industry But the Fight Is Not Over Yet
 Yesterday’s decision by lawmakers to approve controversial amendments to the Transfer of Funds Regulation (TFR) could put many crypto exchanges in jeopardy in the European Union. However, the crypto sector is determined to keep fighting against the looming clampdown, as indicated by...
, by Jaroslaw Adamowski
Two European Parliament Committees Pass Controversial Crypto Regulation of ‘Unhosted Wallets’
 In another installment of the European Union’s discussions on the controversial Transfer of Funds Regulation (TFR), the European Parliament’s Committee for Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) have...
, by Jaroslaw Adamowski
Apple’s Plan for Future Financial Products, Binance Enters GRAMMY + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ Payments newsTech giant Apple is developing its own payment processing technology and infrastructure for future...
, by Linas Kmieliauskas
US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC
 US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals.The legislation bans the Fed from developing a...
, by Jaroslaw Adamowski
Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________NFTs news Payments giant Visa launched the Visa Creator Program, an initiative that aims to help digital-first artists...
, by Sumejja Muratagić-Tadić
Crypto Industry Rallies Ahead of Vote on Controversial EU Crypto Regulation
 As the European Union institutions are advancing their discussions on the controversial Transfer of Funds Regulation (TFR), crypto industry representatives are looking to hamper the proposal’s potentially harmful impact on the sector’s future development.Among others, the...
, by Jaroslaw Adamowski
Japanese Exchange to Become First Licence-holding Platform to List Dogecoin
 The Japanese crypto exchange BTCBOX has announced that it plans to list dogecoin (DOGE) – a huge first for the token in Japan, considering the trading platform is registered with the regulatory Financial Services Agency (FSA).In a tweet, BTCBOX stated that it would list DOGE...
, by Tim Alper
Samsung and LG Could Follow SK in Issuing a Cryptoasset – Analysts
 South Korean mega-conglomerates – so-called chaebol business groups such as Samsung and LG – could be eyeing cryptoasset issuances, analysts have opined.As reported, SK Square, an offshoot of South Korean business giant the SK Group, has outlined plans to pour some USD 1.6bn into...
, by Tim Alper
NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Regulation newsNew York State Department of Financial Services superintendent Adrienne A. Harris wants to streamline the...
, by Sumejja Muratagić-Tadić
US Proposed Unrealized Gains Tax May Become ‘Penalty for Being Successful’ in Crypto
 The proposed 20% tax on unrealized gains put forward by the US Department of Treasury’s 2023 Revenue Proposal could potentially become a “penalty for being successful,” according to Shehan Chandrasekera, Head of Tax Strategy at crypto tax software specialist...
, by Jaroslaw Adamowski
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