Regulation - Tag Archives - Cryptonews (Page 96)

Apple’s Metaverse, Crypto Lobbying, WisdomTree’s Wallet, USD 80M DeFi Hack + 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.__________Metaverse news Tech giant Apple is looking seriously into the metaverse and it is putting money into exploring its...

, by Linas Kmieliauskas

Japanese Ruling Party Launches NFT Task Force, Eyes New Growth in the Sector

Japan may be edging toward regulating non-fungible tokens (NFTs) – after the ruling Liberal Democratic Party, which has been in power since 1955, launched an NFT policy task force.The party stated that the force would be officially named the “NFT Policy Review Project Team”...

, by Tim Alper

Putin ‘Supports’ Plan to Legalize and Regulate Bitcoin & Crypto Mining – Report

Russia could accelerate its path to becoming one of the world’s biggest Bitcoin (BTC) and crypto miners – with reports that President Vladimir Putin has backed a measure that may see the industry legalized and brought under government regulation.Bloomberg reported that the move...

, by Tim Alper

Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + 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.__________Investments newsGenesis, a digital currency prime brokerage, said that its loan originations reached USD 50bn in the...

, by Linas Kmieliauskas

Romania, Latvia Mull Changes To Crypto Regulations, Taxes

Romania and Latvia are among the latest European countries to launch analytical work on updating their respective regulations for the cryptoasset and blockchain industry. In Romania's case, this could potentially mean increasing national taxes on crypto-related operations and transactions. In...

, by Jaroslaw Adamowski

US Community on Alert over Draft Law that Could Give Treasury Sweeping Powers over Crypto

Crypto-advocating lawyers and pro-crypto pressure groups are gearing up for a fresh fight in Washington – as another piece of legislation that could potentially restrict the sector’s ability to grow has appeared on the political landscape. However, one influential lawyer has...

, by Tim Alper

IRS Says It Is Fighting ‘Mountains’ of Crypto & NFT ‘Fraud’ and Celebrity Shills

The United States tax body, the Internal Revenue Service (IRS), says it believes the crypto and non-fungible token (NFT) space is beset with “fraud” – and has warned that celebrities promoting crypto on social media could face probes.Bloomberg reported that the comments came...

, by Tim Alper

Putin Talks up Russia’s Crypto Credentials as Ukraine Tension Mount

Recent talk of a ban on crypto in Russia may be premature – particularly after the nation’s President Vladimir Putin appeared to talk up the country’s crypto capabilities. And with the United States threatening to sanction the Russian leader over heightened tensions on the...

, by Tim Alper

Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban

The Russian political talk shop is open – or at least it is for crypto, with many leading lawmakers hitting back at the Central Bank’s calls last week for a blanket ban on cryptoassets and token mining.As reported yesterday, the Central Bank has won some small amount of...

, by Tim Alper

Indonesian Regulator Warns About Cryptoasset Offers, Sales by Financial Services Companies

As major crypto industry players are intensifying efforts to access the Indonesian market, the country’s regulator Financial Services Authority (OJK) has reminded market participants that financial services companies are not allowed to offer and facilitate sales of cryptoassets.The...

, by Jaroslaw Adamowski

Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps

Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringent crypto crackdown to date.With the rest of the tech world...

, by Tim Alper

Bitcoin Saw Inflows Again, Miner Bets Against Ethereum’s PoS, Meta on Getting Metaverse ‘Right’ + 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.__________Investments news Digital asset investment products saw inflows totaling USD 14.4m last week, breaking the prior 5 week...

, by Linas Kmieliauskas

Ban Crypto, but Legalize Mining and Issue Gold-backed Stablecoin, Urges Top Russian MP

Russian parliamentarians, government officials and finance chiefs remain deeply divided on the issue of crypto regulation – with a leading lawmaker indicating that crypto mining could soon be legalized, alongside a state-run, gold-backed stablecoin, while backing the idea of banning...

, by Tim Alper

Crypto Tax Trends in 2022: Increased Reporting, Updated Rules, and a Wealth Tax Debate

________ It will become increasingly more difficult to hide any profits you make (via crypto trading) from the US IRS. The EU might introduce legislation in 2022 aiming at a cross-border exchange of information regarding crypto transactions. Most countries will try to tackle crypto taxation in...

, by Simon Chandler

Binance Has Been Withholding Information From Regulators, Claims Reuters

Whilst claiming that it welcomes regulatory oversight, major crypto exchange Binance was acting against those same regulators, Reuters reported today.Reuters says it conducted “dozens” of interviews with former senior employees of the exchange, as well as advisers and business...

, by Sead Fadilpašić

Team Proof-of-Work Educates Lawmakers at Bitcoin Mining Hearing in US

Questions ranged from whether Bitcoin (BTC) could potentially transition to a proof-of-stake (PoS) consensus mechanism, to whether crypto mining can be considered “wasteful,” as lawmakers in the US House of Representatives discussed the energy impact of crypto mining during a...

, by Fredrik Vold

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