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Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency Exchanges to Set Up Shop in Russian Federation Some … Read more
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw it. Estimated 12% of Crypto Allegedly Held by … Read more
Meta’s Diem co-creator David Marcus said that he was a “big fan of Bitcoin,” calling it digital gold back in 2019. Go to Source Powered by WPeMatico
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
“The proposal includes very expansive language, which, together with the chair’s apparent interest in regulating all things crypto, suggests that it could be used to regulate crypto platforms,” said Hester Peirce. Go to Source Powered by WPeMatico
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. Go to Source Powered by WPeMatico
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. Go to Source Powered by WPeMatico
UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. Go to Source Powered by WPeMatico
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in … Read more
Intensified scrutiny of digital asset ads is a growing trend, but it’s not clear if it is inextricable from crypto regulation’s evolution. Go to Source Powered by WPeMatico