Texas chases after Wyoming with crypto law proposal, but challenges remain
Will Texas follow in Wyoming’s footsteps to become the next crypto-friendly U.S. state? Go to Source Powered by WPeMatico
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Federal judge’s decision could be a blow for the privacy rights of crypto users
The Internal Revenue Service will likely not be penalized for obtaining records on a crypto user from Coinbase or Abra. Go to Source Powered by WPeMatico
Experts say new South Korean crypto rules will create a monopolized market
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators’ new requirements. Go to Source Powered by WPeMatico
OKEx Korea crypto exchange to shut down as new reporting laws take effect
OKEx Korea announced that it’s shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday. Go to Source Powered by WPeMatico
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin. Go to Source Powered by WPeMatico
Pakistani province to pilot crypto mining farms
The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy. Go to Source Powered by WPeMatico
US-based crypto users likely still have to pay taxes on NFTs, says CNBC
“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank. Go to Source Powered by WPeMatico
Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets
Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity. Go to Source Powered by WPeMatico
Swiss regulators reject Bitcoin Suisse’s banking license application
But Bitcoin Suisse still has “many options on the table,” says the firm’s CEO. Go to Source Powered by WPeMatico
EAEU unlikely to find common ground on crypto regulation, official says
The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations. Go to Source Powered by WPeMatico
