Regulation

Auto Added by WPeMatico

Canada Tax Agency Poses Probing Questions to Cryptocurrency Owners

by

The Canada Revenue Agency (CRA) has sent an extremely detailed questionnaire to citizens it believes to be in possession of cryptocurrency. Those suspected of failing to disclose the full extent of their holdings have been asked whether they use a cryptocurrency mixing service, and if so, why. They’ve also been asked to provide the full … Read more

Israel Securities Authority Wants a Dedicated Token Exchange

by

An Israel Securities Authority (ISA) committee tasked with examining the regulation of crypto coin offerings has submitted its final recommendations today, March 6. They include the option of creating a dedicated platform for trading digital assets. Also Read: In the Daily: Opera Browser, EY Tax Tool, Elliptic, Cryptopia Exchange Regulating Coin Offerings in Israel The … Read more

Indian Supreme Court Advocate Says Cryptocurrencies Cannot Be Regulated

by

A supreme court advocate has explained the limitations of the Indian government’s power to regulate cryptocurrency, determining that the court should not get involved. Meanwhile, the crypto community awaits the government’s regulatory framework and the supreme court hearing of the petitions against the banking ban by the central bank. Also read: SEC Chair Explains Key … Read more

Startup Company Sets up Bitcoin ATM in Botswana

by

Express Minds Ltd has set up a bitcoin automated teller machine (BATM) in Gaborone, Botswana, increasing the number of the machines on the continent to 10. The fiat-to-crypto machine allows users to purchase bitcoin by scanning a QR code for their wallet address, feed money into the machine and get the crypto equivalent automatically assigned … Read more

Bahrain Courts Indian Crypto Businesses in Collaboration With Government

by

The Bahrain Economic Development Board is inviting Indian firms to take advantage of the opportunities its country has to offer including for crypto businesses. The board has been collaborating with the Indian government on a number of issues. The Central Bank of Bahrain recently published its final rules on crypto assets. Also read: SEC Chair … Read more

Malta Might Be ‘Blockchain Island’ But Don’t Try Opening a Crypto Bank Account

by

Malta has been hyped up as the happy ending for crypto business who have trouble operating elsewhere, but there’s a problem: banks are reluctant to grant crypto startups business accounts until they’re properly licensed with the MFSA. This process can take up to six months for a first-round response, leaving many businesses unable to operate … Read more

Indian Government Confirms Cryptocurrency Regulation in Final Stages

by

The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation. Also read: Indian Supreme Court Gives Government 4 Weeks … Read more

America’s Signature Bank to Offer Services to Bermuda Crypto Companies

by

U.S. commercial bank Signature will start to offer a full range of banking services to licensed fintech companies in Bermuda, including those in the digital asset industry. The bank has reached an agreement with the government to provide the service, moving in to fill the gap left by local banks, which have been reluctant to … Read more

You have not selected any currencies to display