Regulation News
Market FUD Again As Chinese Social Media Blocks Crypto Content
As concerns continue to build about the repression of cryptocurrencies in China, the tolls are visible in the market as crypto opinion leade...
El Salvador Becomes The First Country To Adopt Bitcoin As Legal Tender
Bitcoiners have long speculated as to which country would be first. Few would have suspected that it would be El Salvador, a small Central A...
Major Indian Bank HDFC Renounces Recent Warning About Dealing With Crypto
HDFC Bank, India’s largest private-sector banking institution, has told its customers to ignore its recent warning against transacting...
Thailand’s SEC Seeks to Regulate Decentralised Finance Projects
Thailand’s Securities and Exchange Commission (SEC) has flagged that decentralised finance (DeFi) needs to be regulated and future pro...
Bitcoin Mining Difficulty Drops By 16% Amid China’s Crackdown
The Bitcoin protocol has experienced a reduction in mining difficulty due to China’s crackdown on bitcoin mining and the cascade that ...
State-Chartered Institutions In Nebraska Can Now Be Crypto Custodians
Last week, a vote was won to pass bill 649 that allows financial institutions in Nebraska to operate depository businesses for digital asset...
Biden’s New Crypto Tax Proposal For Businesses To Report Crypto Transactions Over $10k
On Thursday, U.S. President Joe Biden provided details on how the administration plans to generate an additional $700 billion USD in revenue...
Australia’s Fintech Senate To Provide Final Report in October 2021
The Senate Committee on Australia as a Technology and Financial Centre will provide the third and final report in October 2021, as Senators ...
Texas Senate To Approve Bill #4474, Amid Bitcoin Mining Rush
A live broadcast was scheduled for 12 May for the discussion of H.B. No. 4474 to take place. This bill aims to get cryptocurrency recognised...
Australian Big Banks Will Be In Trouble When Global Competition Comes With Blockchain Ready Solutions
We are seeing a surge in interest in cryptocurrencies and blockchain technology in Australia and worldwide. Still, many in the local crypto ...
Edward Snowden Sells NFT For $5.4 Million To Raise Funds For Freedom Of Press Foundation
In an effort to raise funds for the foundation’s activity, Edward Snowden sold an NFT representing “the entirety of a landmark court dec...
Three Management Firms Cleared To Open Ethereum ETFs in Canada
On Friday CI Global Asset Management, Purpose Investments Inc., and Evolve Funds have received clearance from Ontario Securities Commission ...