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SEC has no authority over crypto, CFTC commissioner argues

August 5, 2021 by DIGIT

Former CFTC chairman Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto. Go to Source Powered by WPeMatico

Categories CFTC, Cryptocurrencies, Government, SEC, United States

Three US Senators propose narrowing crypto tax language in infrastructure bill

August 4, 2021 by DIGIT

“While Congress works to better understand and legislate on issues surrounding the development and transaction of cryptocurrencies, it should be wary of imposing burdensome regulations that may stifle innovation,” said Senator Pat Toomey. Go to Source Powered by WPeMatico

Categories Bitcoin Mining, Government, infrastructure, Law, mining, Regulation, United States

Russia grants $200K to build tool for tracing crypto transactions

August 4, 2021 by DIGIT

A Russian company indirectly backed by Russia’s largest bank will build a crypto tracking platform as part of a $200,000 procurement contract. Go to Source Powered by WPeMatico

Categories Bank of Russia, Cryptocurrencies, Government, Privacy, Russia, Sberbank, Transactions, Transparency

New Spanish bill aims to enable mortgage payments in crypto

August 4, 2021 by DIGIT

The draft bill intends to allow property owners to pay mortgages with crypto and authorize the real estate sector to use their own crypto for mortgage purchases in Spain. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Law, Payments, Real estate, Smart Contracts, Spain, Taxes

Saudi Aramco dismisses ‘false and inaccurate’ rumors on Bitcoin mining

August 2, 2021 by DIGIT

Saudi’s biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses. Go to Source Powered by WPeMatico

Categories Government, oil and gas, Saudi Arabia

South Korean regulator to reportedly shut down 11 crypto exchanges

August 2, 2021 by DIGIT

Sources claim that several mid-sized crypto exchanges in South Korea would not be able to get approval from the FSC. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Cryptocurrency Exchange, Government, South Korea

Ukraine central bank now officially allowed to issue digital currency

July 30, 2021 by DIGIT

Ukraine’s newly-signed law titled “On Payment Services” requires close cooperation between the National Bank of Ukraine and private startups in the payment market. Go to Source Powered by WPeMatico

Categories CBDC, Central Bank, Digital Currency, Government, Ukraine

Israeli gov’t seeks to track crypto holdings above $61K

July 29, 2021 by DIGIT

Framed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, israel

Digital currency may be an answer to help the unbanked, Sen. Warren says

July 28, 2021 by DIGIT

Democratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks. Go to Source Powered by WPeMatico

Categories Adoption, Banks, Cryptocurrencies, Government, United States

Kazakhstan to reportedly allow banks to process crypto purchases

July 27, 2021 by DIGIT

A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally. Go to Source Powered by WPeMatico

Categories Banks, Cryptocurrencies, Government, Kazakhstan
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$88,202.000.34%
  • ethereumEthereum(ETH)$2,978.810.63%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$852.450.58%
  • rippleXRP(XRP)$1.933.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$125.950.04%
  • tronTRON(TRX)$0.2794990.50%
  • staked-etherLido Staked Ether(STETH)$2,977.250.63%
  • dogecoinDogecoin(DOGE)$0.1319332.64%
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  • bitcoinBitcoin(BTC)$88,202.000.34%
  • ethereumEthereum(ETH)$2,978.810.63%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$852.450.58%
  • rippleXRP(XRP)$1.933.23%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$125.950.04%
  • tronTRON(TRX)$0.2794990.50%
  • staked-etherLido Staked Ether(STETH)$2,977.250.63%
  • dogecoinDogecoin(DOGE)$0.1319332.64%