Living on a volcano: The outlook of El Salvador’s crypto mining industry
El Salvador’s crypto mining potential is there but it will take some time and effort to come to fruition Go to Source Powered by WPeMatico
Bitcoin Regulation
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Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes. Go to Source Powered by WPeMatico
US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. Go to Source Powered by WPeMatico
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols. Go to Source Powered by WPeMatico
Vale Diem: How Facebook’s ambitious stablecoin project came to an end
It only took Libra/Diem two years to come full circle from publishing its white paper to falling apart. Go to Source Powered by WPeMatico
Why did WazirX token WRX jump 30% after India announced its big crypto tax?
The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area. Go to Source Powered by WPeMatico
Colombia clamps down on crypto tax evasion as adoption thrives
Colombia’s tax authority is tightening the screw on Bitcoin and cryptocurrency-related tax evasion against a backdrop of burgeoning cryptocurrency adoption. Go to Source Powered by WPeMatico
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Go to Source Powered by WPeMatico
Russia houses $200B worth of crypto, Kremlin estimates
According to data from TASS news services, Russians owned nearly 5 trillion rubles worth of cryptocurrencies by December 2021. Go to Source Powered by WPeMatico
Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. Go to Source Powered by WPeMatico
