by COINS NEWS - 2 years ago
Adjusting capital losses from one crypto asset against gains from another asset is pretty common.. except according to the Indian government, this is not allowed either. Answer provided by government Moreover, if you are mining, you cannot tre...
Cryptocoins News / The Cointelegraph - 2 years ago
The proposed European Union Regulation on Markets in Crypto Assets, or MiCA, (hereinafter the “regulation”) was put to a vote in the European Union Parliament’s Committee on Economic and Monetary Affairs on March 14, 2022, and in the end, the propose...
Bitcoin News / Bitcoinist - 2 years ago
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory framework in order to promote local growth.
“T...
by COINS NEWS - 2 years ago
There have been many posts on the legalization of crypto in Ukraine since yesterday. I see a lot of misunderstandins about it, and am pretty confused about the reactions on here. Firstly, I think it's weird that everyone is so excited because thi...
Cryptocoins News / The Cointelegraph - 2 years ago
The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on digital currency.The lack of consensus among Demo...
Bitcoin News / Bitcoinist - 2 years ago
On Monday, the much-anticipated Markets in Crypto Assets Regulation (MiCA) bill was enacted. It will concentrate on a coordinated strategy to crypto by all EU members. Because of its significant power consumption, the law originally included an indir...
Cryptocoins News / The Cointelegraph - 2 years ago
The United Kingdom's National Crime Agency (NCA) seeks to regulate the crypto coin mixers under the country's laws against money laundering.Coin mixing tools are popular in the decentralized world as they maintain the privacy of transactions. These t...
Cryptocoins News / Blockchain - 2 years ago
The Bank of Israel has issued a new draft guideline to stakeholders in the cryptocurrency ecosystem concerning Anti-Money Laundering () provisions.
According to the press release by the bank, the new guideline becomes necessitated with the growing...
Bitcoin News / Bitcoin.com - 2 years ago
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an...
Cryptocoins News / The Cointelegraph - 2 years ago
According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initia...
Bitcoin News / Bitcoin.com - 2 years ago
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the industry is legitima...
Cryptocoins News / The Cointelegraph - 2 years ago
With crypto being in the sights of many regulators, many have wondered if regulation is good or bad for crypto. However, Christian Borel, senior executive officer at SEBA Bank, says that if the laws are clear, it may push crypto adoption forward.In a...
Cryptocoins News / The Cointelegraph - 2 years ago
Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in F...
Cryptocoins News / The Cointelegraph - 2 years ago
As part of a series of amendments to South Africa’s financial laws, crypto-asset service providers will become accountable institutions. A report from the South African Treasury announced further crypto regulations “to be finalized during 2022.”In br...
Bitcoin News / Bitcoin.com - 2 years ago
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objec...
Cryptocoins News / Blockchain - 2 years ago
FIS, a US multinational corporation that offers a wide range of financial products and services, on Wednesday announced that its subsidiary business, Worldpay, has selected the Shyft Network, as part of its commitment to help its merchants comply wi...
Cryptocoins News / The Cointelegraph - 2 years ago
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions.In a Wednesday hearing of t...
Cryptocoins News / The Cointelegraph - 2 years ago
South Korea’s crypto market grew to 55 trillion won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission.South Korea is considered among the strictest crypto markets in...
Bitcoin News / Bitcoin.com - 2 years ago
The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022.
Aligning Local Laws W...
Bitcoin News / Bitcoinist - 2 years ago
The European Central Bank president Christine Lagarde called for quick approval of crypto regulations as war and crypto become intertwined and moral quandaries appear. Authorities fear Russia could use digital assets to bypass the sanctions imposed u...
