Buenos Aires to accept crypto for tax payments, launch DLT-backed citizen profiles
Blockchain and virtual currencies are set to become vital part of the Argentine capital’s 12-step digital transformation effort. Go to Source Powered by WPeMatico
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Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing
Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement Agencies Russia’s Ministry of Finance … Read more
Central African Republic will adopt Bitcoin as legal tender: Report
The African nation will reportedly join a short list of countries to adopt cryptocurrency as legal tender. Go to Source Powered by WPeMatico
ECB needs ‘globally coordinated regulatory action’ on crypto, says official
One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal.” Go to Source Powered by WPeMatico
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. Go to Source Powered by WPeMatico
Emmanuel Macron on crypto: ‘I don’t believe in a self-regulated financial sector’
In an interview, the sitting French president voiced his support for MiCA regulation and the digital euro project. Go to Source Powered by WPeMatico
OCC issues order against Anchorage Digital over AML compliance
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks. Go to Source Powered by WPeMatico
As labor struggle takes center stage, can DAOs democratize work?
DAO structures could provide workers with greater ownership and decision-making opportunities, but how soon will these models be implemented? Go to Source Powered by WPeMatico
FCA veteran becomes interim head of financial regulator’s digital assets unit
Victoria McLoughlin will be responsible for supervising crypto firms based in the U.K. as well as supporting development of a regulatory framework in line with government policy. Go to Source Powered by WPeMatico
Russian tax authority proposes using crypto as a foreign trade payment tool
The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration. Go to Source Powered by WPeMatico