The IRS has set up a tax reporting framework for cryptocurrency brokers, which will be implemented in 2025. The framework does not include decentralised finance and non-hosted wallets, although rules for those will come later […]
Starting Monday, July 8th, Kucoin will charge a 7.5% tax on all transactions made by users registered in Nigeria. This decision comes from a regulatory update from the Nigerian SEC. Kucoin exchange took to Twitter […]
Turkey legalizes cryptocurrencies, defining them as “intangible fixed assets.” SPK permission required for crypto organizations, with strict regulatory oversight. Severe penalties for unauthorized activities, enhancing market security and compliance. In a landmark move, Turkey has […]
Cardano updates MiCA compliance indicators six months ahead of regulatory deadline. MiCA regulations focusing on stablecoins are already in effect since June 30. However, the broader MiCA regulations impacting crypto asset service providers are set […]
Australia has banned the use of cryptocurrencies in online gambling The ban came into effect on 11th June with the introduction of the Interactive Gambling Amendment (Credit and Other Measures) Bill 2023 Other countries are, […]
ACPR grants Circle e-money license for USDC and EURC across EU. Circle is the first stablecoin issuer to get licensed under MiCA regulation. MiCA aims to protect investors with stablecoin transaction limits. Circle has become […]
The Markets in Crypto-Assets (MiCA) regulation is a legislative framework established by the European Union to regulate crypto assets and related services within the region. MiCA was adopted by the European Parliament in 2023 and […]
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to file amended S-1 forms by Friday. Franklin Templeton’s spot Bitcoin ETF also charges a 0.19% […]
Elon Musk denies discussing crypto with Trump amid speculation. Lately Trump has been actively promoting Bitcoin (BTC), possibly as a way to attract voters. There is speculation of a potential advisory role for Musk in […]
The AMF has blacklisted Bybit since May 2022 due to regulatory infractions. French investors urged to prepare for potential service halt. Besides France, Bybit faces global scrutiny and it has already pulled out of Canada […]
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