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Regulation News
Opinion polling on crypto policy is carried by the White House
In a blog post from January 26th, OSTP said that public opinion on the topic will be crucial in identifying vital emphasis areas in studying and promoting…
EU banks are subject to tougher regulations for cryptocurrency holdings
EU authorities connect high-risk regulations for banks holding cryptocurrencies with a global oversight framework.In a vote on Tuesday, a committee of the…
According to the head of the French central bank, “obligatory crypto licence”…
Francois Villeroy de Galhau, governor of the Bank of France, has urged for stronger licencing restrictions for crypto firms in France.During a speech on January…
UK’s National Crime Agency has formed a new crypto section
In the United Kingdom, the National Crime Agency is planning to establish a new "crypto cell" in order to combat crypto fraud.After a year in which…
Israel’s financial regulator seeks crypto inclusion in securities legislation
The Israel Securities Authority recommended modifications to three current financial statutes to include digital assets.Israel's financial regulator submitted…
Italy adopts a 26% tax on crypto capital gains
The Italian Senate adopted the increased crypto trading tax rate as part of the 2023 budget legislation.Italy's Senate adopted its budget for 2023 on December…
Nigeria is considering making Bitcoin use legal
Bitcoin and other cryptocurrencies would be subject to regulation under the proposed changes if they were to be adopted by the African country.A letter from…
Japan is planning to reduce the 30% tax on crypto revenues
As of now, crypto issuers in Japan must pay a corporation tax rate of 30% on their assets, regardless of whether or not they have made a profit from selling them.
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Pro-Crypto Legislator Holds Gary Gensler Responsible for FTX Collapse
Representative Ritchie Torres, a Democrat, has requested that the Government Accountability Office (GAO) examine whether the Securities and Exchange Commission and…
Iran will suspend hijab-refusing women’s financial accounts
Iran's intention to block bank accounts highlights the necessity for decentralized currencies to coexist alongside cash and CBDCs.A member of the Iranian…