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    • WEF participants presented recommendations on the regulation of cryptocurrencies

      WEF participants presented recommendations on the regulation of cryptocurrencies

      Kristina May 26, 2023
      The participants of the World Economic Forum (WEF) presented recommendations on the regulation of digital assets. The manual was compiled …
      News Regulation
    • US stocks could fall by 45% if the US defaults. What does this mean for the crypto?

      US stocks could fall by 45% if the US defaults. What does this mean for the crypto?

      Kristina May 25, 2023
      The situation with the US government debt is becoming increasingly tense, as the deadline for raising the debt limit expires …
      News Regulation
    • Pakistani Authorities Lay Groundwork for Imminent Ban on Crypto Assets

      Pakistani Authorities Lay Groundwork for Imminent Ban on Crypto Assets

      Kristina May 18, 2023
      In a significant move, Pakistani authorities have taken decisive steps to prepare for a comprehensive ban on cryptocurrency assets within …
      News Regulation
    • American Democrats turned out to be the Bitcoin “killers”

      American Democrats turned out to be the Bitcoin “killers”

      Kristina May 11, 2023
      The head of the cryptocurrency startup Tierion, Wayne Vaughan, said that representatives of the American Democratic Party are trying to …
      News Regulation
    • Central Bank of Brazil opened the submission of applications for testing the digital real

      Central Bank of Brazil opened the submission of applications for testing the digital real

      Kristina May 10, 2023
      The Central Bank of Brazil has invited financial institutions and other interested parties to participate in the testing of the …
      News Regulation
    • Brad Garlinghouse: “Don’t open cryptocurrency startups in the USA”

      Brad Garlinghouse: “Don’t open cryptocurrency startups in the USA”

      Kristina May 9, 2023
      Ripple CEO Brad Garlinghouse advised cryptocurrency startups not to open a business in the United States in order not to …
      News Regulation
    • Italy Introduces a 26% Tax on Cryptocurrency

      Italy Introduces a 26% Tax on Cryptocurrency

      Kristina May 3, 2023
      Italy has recently become the latest country to introduce a tax on cryptocurrency transactions. Under new legislation passed by the Italian government, a 26% tax will be levied on gains made from cryptocurrency investments. This move by the Italian authorities follows similar decisions made by other governments around the world. Governments are increasingly looking for ways to regulate the use of cryptocurrencies, which are often seen as a way to evade taxes and launder money. The introduction of a cryptocurrency tax in Italy is a significant step in the country’s efforts to crack down on tax evasion and financial crime. The tax will be applied to all gains made from the sale of cryptocurrencies, whether they are held by individuals or businesses. The new tax law will also require Italian cryptocurrency exchanges to report all transactions to the Italian tax authorities. This will help the government to track the movement of funds and prevent illicit activities. While the tax may be seen as a negative development for cryptocurrency enthusiasts, it could also be seen as a sign of recognition that cryptocurrencies are here to stay. Governments are starting to take cryptocurrencies seriously and are acknowledging their potential as an asset class. The tax could also have a positive impact on the wider cryptocurrency market. By legitimizing cryptocurrencies and bringing them under the same regulatory framework as other financial assets, the tax could help to increase investor confidence and encourage wider adoption of cryptocurrencies. However, the introduction of the tax could also have some negative effects. Cryptocurrency investors may be deterred by the additional cost of the tax and may choose to invest elsewhere. Additionally, the tax could drive some cryptocurrency businesses away from Italy, potentially damaging the country’s reputation as a hub for innovation and entrepreneurship. In conclusion, the introduction of a cryptocurrency tax in Italy is a significant development for both the country and the wider cryptocurrency community. While it may have some negative effects, it could also help to legitimize cryptocurrencies and encourage wider adoption. Only time will tell how effective the tax will be in achieving its aims of cracking down on tax evasion and financial crime.
      News Regulation
    • Binance blocks cards of Russians living in Europe

      Binance blocks cards of Russians living in Europe

      Kristina Apr 25, 2023
      The largest cryptocurrency exchange — Binance — blocks Binance Cards of Russians with a residence permit in Europe. This is …
      News Regulation
    • French regulator launched a simplified licensing regime for crypto companies

      French regulator launched a simplified licensing regime for crypto companies

      Kristina Apr 24, 2023
      The French regulatory body AMF has launched accelerated registration for the current operators of digital currencies in the country. This …
      News Regulation
    • Should Deutsche Bank be afraid of collapse — is it next?

      Should Deutsche Bank be afraid of collapse — is it next?

      Kristina Apr 3, 2023
      According to economists and politicians, Europe has learned from the financial crisis and is now in a good position to …
      News Regulation
    • Technical director of Ripple once again criticized SEC

      Technical director of Ripple once again criticized SEC

      Kristina Mar 23, 2023
      In a series of tweets, Ripple CTO David Schwartz criticized the actions of the U.S. Securities and Exchange Commission (SEC). …
      News Regulation
    • Four Thai immigration officers stole $30,000 in USDT from a businessman from China

      Four Thai immigration officers stole $30,000 in USDT from a businessman from China

      Kristina Mar 22, 2023
      Thai authorities have issued arrest warrants for four immigration officers ― they kidnapped a Chinese citizen and his translator, and …
      News Regulation
    • One River CEO: Bitcoin retains potential for a new breakthrough

      One River CEO: Bitcoin retains potential for a new breakthrough

      Kristina Mar 8, 2023
      According to Eric Peters, CEO of One River Digital Asset Management, the decline in the cryptocurrency market is temporary. In …
      News Regulation
    • Terms to ease regulation of stablecoins were designated in Japan

      Terms to ease regulation of stablecoins were designated in Japan

      Kristina Jan 23, 2023
      New regulations designed to allow the listing of “stable coins” issued outside Japan on local crypto exchanges may be adopted …
      News Regulation
    • FTX exchange confirmed theft of $ 413 million worth of cryptocurrencies

      FTX exchange confirmed theft of $ 413 million worth of cryptocurrencies

      Kristina Jan 18, 2023
      In a report sent to creditors on January 17, the bankrupt FTX exchange confirmed  theft of $413 million worth of …
      News Regulation
    • Ukrainian startup together with the UN will launch a cryptocurrency course

      Ukrainian startup together with the UN will launch a cryptocurrency course

      Kristina Jan 10, 2023
      The Ukrainian startup Global Ledger has become a partner of the United Nations Office on Drugs and Crime (UNODC) in …
      News Regulation
    • Binance.US’ Acquisition of Voyager Digital Blocked By SEC

      Binance.US’ Acquisition of Voyager Digital Blocked By SEC

      Nicholas Otieno Jan 8, 2023
      The US Securities and Exchange Commission (SEC) has filed a “limited objection” to the proposed $1 billion acquisition of bankrupt …
      Breaking Crypto Regulation market fallout
    • Coinbase will pay a fine of $50 million

      Coinbase will pay a fine of $50 million

      Kristina Jan 4, 2023
      The public cryptocurrency platform Coinbase will have to pay a fine of $ 50 million by the decision of the …
      News Regulation
    • The Spanish authorities have additionally allocated 10 billion euros for the financial protection of citizens

      The Spanish authorities have additionally allocated 10 billion euros for the financial protection of citizens

      Kristina Dec 27, 2022
      The Spanish government has approved a new 10 billion euro aid package to reduce taxes and mitigate the effects of …
      News Regulation
    • Binance loses $500 million in bitcoin every day

      Binance loses $500 million in bitcoin every day

      Kristina Dec 13, 2022
      According to the Coinglass analytical platform, on Tuesday, December 13, the bitcoin balance on the world’s largest crypto exchange Binance …
      News Regulation
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