Thailand lifts 15% cryptocurrency tax due to industry demand
The Thai government has lifted the 15% capital gains tax on cryptocurrencies to encourage trading and investment in the emerging market.According to the…
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According to the Russian finance minister, local banks should be permitted to deal with…
Russian finance minister, Anton Siluanov, believes that domestic financial institutions should be granted a universal license to offer cryptocurrency trading…
El Salvador said “no” to the IMF. Bitcoin will remain legal tender in the…
El Salvador has rejected the International Monetary Fund's (IMF) advice to abandon bitcoin as a form of payment. "No foreign organization would force us to do…
India imposed heavy taxes on cryptocurrencies
India's financial year 2022 budget will include a "cryptocurrency tax." Nirmala Sitharaman, the Finance Minister, has proposed a 30% tax on all income from digital…
Senator Cynthia Lummis expresses concern over the 2022 America Competes Act
Senator Cynthia Lummis argues that the "America Competes Act of 2022," which was recently presented, directly attacks the cryptocurrency industry. "I will not stand…
The White House is pursuing regulatory oversight of the cryptocurrency market
With the increasing popularity of cryptocurrencies and their market cap, the White House is moving towards regulating the cryptocurrency market.The White House…
Russia’s Central Bank Demands A Complete Ban On Crypto
Russia's central bank said Thursday that cryptocurrencies ought to be banned.The Russian central bank has called for cryptocurrency to be banned in the country,…
New Crypto Ad Rules In Spain Affect Social Media Influencers
The stock market regulator in Spain has been tasked to approve widespread crypto-asset advertising campaigns and ensure that investors are aware of the risks.As…
Central Bank Of Singapore Issues Guidelines To Curb Crypto Trading
Singapore's Monetary Authority (MAS) issued guidelines on Monday that prohibit crypto trading service providers from advertising to the general public in an effort…
Increasing Security Will Curb Criminal Use Of Cryptocurrency In 2022: Chainalysis
Global crypto adoption accelerated in 2021, but some instances of cryptocurrency-related criminality negatively lit the sector. According to a new analysis, illegal…