Kraken Starts Requiring Info on Self-Custody Crypto Wallet Ownership in the UK

Kraken Starts Requiring Info on Self-Custody Wallet Ownership in UKKraken, a U.S.-based cryptocurrency exchange, has started requiring additional information in the U.K. regarding transactions of self-custody wallets made to and from its accounts. Kraken sent an email to some of its U.K. customers, stating that if the information required was not provided, it could result in an account lock until the required data is […]

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EU Council Adopts New Rules for Europe’s Crypto Markets

EU Council Adopts New Rules for Europe’s Crypto MarketsThe Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin. EU Finance Ministers Give Final Nod to Markets […]

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‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist SaysCurrent indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has to bring inflation back to the 2% […]

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Binance Reportedly Removes Restrictions on Russian Users

Binance Reportedly Removes Restrictions on Russian UsersThe world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European sanctions. Russian Cards, Including Visa […]

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Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

Ukraine to Adopt Europe’s Crypto Rules, Clarifies TaxationOfficials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader […]

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