Regulation News
12% of Crypto Market is Owned by Russian Citizens, Says Russian Government
Russian government authorities have revealed that the federation owns more than 16.5 trillion rubles, or US$214 billion worth of cryptocurre...
India Set to Tax Crypto Income at 30% and Plans to Launch ‘Digital Rupee’ CBDC
Following the country’s annual budget speech, India’s finance minister Nirmala Sitharaman announced a 30 percent taxation rate on an...
Crypto Advertising Crackdowns Kicking in Around the World Again
As quickly as cryptocurrency is increasing its pace of adoption, so too is regulation pertaining to its promotion. Spain, Singapore, and the...
ASIC Cautions Investors Against Switching to an SMSF to Invest in Crypto
The Australian Securities and Investment Commission (ASIC) has issued a warning to consumers to not rely on people advising to invest in cry...
China Plans to Create NFTs on a State-Backed Centralised Blockchain
China has created its own version of non-fungible tokens (NFTs), which are in no way linked to any cryptocurrencies or public blockchains an...
Number of Countries Banning Crypto Has Doubled in 3 Years
Although 2021 was generally seen as a good year for the cryptocurrency industry in terms of market performance, the number of international ...
Report Finds Australia’s Crypto Economy Could Grow to $68 Billion by 2030
An analysis by global consulting firm EY (formerly Ernst & Young), commissioned by digital asset management company Mawson, has found th...
US Congressman Mentions ‘Mongoose Coin’, Hours Later It Moons 320,000%
After US Congressman Brad Sherman mockingly mentioned “Mongoose Coin” at a crypto hearing, it prompted a few crypto degens to launch a m...
RBA Wholesale CBDC Trial ‘Project Atom’ Heralded a Success
While the Reserve Bank of Australia (RBA) has been investigating central bank digital currencies (CBDCs) for some time, its policy position ...
CIA Head Confirms Rumours: We Are Working on Crypto Projects
Conspiracy theorists were vindicated yesterday when Central Intelligence Agency (CIA) director William Burns admitted at the Wall Street Jou...
Treasury Moves to Consider Feasibility of CBDC and Crypto Legalisation Reforms
The Australian government is making strides in reforming consumer and business payments as well as building a framework for the regulation o...
CBA Account Holders May Soon Get Interest on their Crypto
Last month, the Commonwealth Bank of Australia (CBA) became the first in Australia to offer crypto to its customers. Now the country’s...