Nick Chong · 5 mins ago · 2 min read
Bitcoin › Japan › Regulation
A newly-appointed financial regulator in Japan said this week that introducing laws and regulations for Bitcoin trading would impede technical innovation while supporting purely speculative gains, according to Reuters.
Bitcoin · Ethereum › U.S. › Regulation
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen.
Edge › Bitcoin › U.S. › Regulation
News broke earlier today that a federal court ruled that Bitcoin is defined as “money” under the law in Washington D.C.
Bitcoin › U.S. › Adoption
In a landmark statement yesterday, United States regulators said they may allow banks to provide custody solutions for Bitcoin and other cryptocurrencies for American citizens.
Bitcoin › U.K. › Regulation
Cryptocurrency firms advertising to United Kingdom citizens will be governed by legal regulations for marketing their products, as per Her’s Majesty Treasury announcement Monday.
China › Adoption
Accredited investors in Hong Kong are facing scrutiny from wealth managers and banks globally — the latter searching for investor ties to a pro-democracy narrative.
Japan › Adoption
Japan’s central bank — the Bank of Japan (BoJ) — confirmed Monday it has created a new division to research and study the issuance of digital currency.
XRP › China · U.S. › Regulation
China’s regulatory approach to blockchain and cryptocurrencies is not going unnoticed, and it has caught the attention of Ripple CEO Brad Garlinghouse.
XRP › India › Regulation
The Indian cryptocurrency market is teeming with entrepreneurs, funds, and tech know-how to create a vibrant crypto-ecosystem.
China · U.K. › Adoption
England’s premier bank announced Monday it is considering digital currency research and development.
Bitcoin › United Arab Emirates › Scams
Two Nigerian scammers were held last week after hatching an elaborate fraud to steal “$435 million around the world” using illicit emails, luxury brand showoffs, and Bitcoin.
Bitcoin › Coinbase › U.S. › Regulation
Coinbase was in the crosshairs over the weekend after SEC filings revealed the business licensed transactional information software to regulators.
Exclusive › Bitcoin › Scams
Texas commissioners cracked down on an alleged Bitcoin scheme spread over 170 countries and 76,000 members.
China › Regulation
China’s digital currency aspirations are both unprecedented and unparalleled.
Bitcoin · XRP › China · U.S. › Adoption
Blockchain technology and digital currencies are increasingly revered as the next phase for technological advancements, alongside the usual suspects of A.I., machine learning, and drone tech.
Ethereum › DeFi
FTX blasted after “creating tokens” to capture $1 million in value; but that’s what DeFi is supposed to be
An incident earlier this week showed what peak Decentralized Finance (DeFi) could look like — one where the smartest survive and rent-seekers are eradicated immediately.
China · Singapore › Adoption
East Asian nations are forging ahead with their digital currency and blockchain plans, with most being largely lenient towards large-cap digital assets like Bitcoin.
Bitcoin › U.S. › Regulation
One of the most pressing questions crypto investors have wanted an answer to is when Bitcoin will get an exchange-traded fund.
Ethereum › Regulation
The premise of Bitcoin and many other cryptocurrencies is that they’re systems decisively detached from the institutions of the “old world.” Hence, many in the space are not a fan of any attempt to regulate the space.