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Article by Steve Kaaru

Digital currency exchanges in UK face ‘unfair’ 2% digital service tax
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1 December, 2021

Digital currency exchanges in UK face ‘unfair’ 2% digital service tax

The U.K. tax agency will impose a 2% digital service tax, which is reserved for tech outfits like Google and...
India doesn’t intend to regulate Bitcoin as a currency: finance minister
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1 December, 2021

India doesn’t intend to regulate Bitcoin as a currency: finance minister

The Indian government is still adamant that Bitcoin is not a currency, with its finance minister clarifying that the government...
Digital currencies could erode tax profits, Russian tax agency chief says
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27 November, 2021

Digital currencies could erode tax profits, Russian tax agency chief says

The Russian tax agency is concerned with tax evasion through digital currencies, but warned that it can still track evaders...
US banking regulators: Expect guidance on stablecoins and Bitcoin custody by 2022
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26 November, 2021

US banking regulators: Expect guidance on stablecoins and Bitcoin custody by 2022

The OCC, the FDIC and the Federal Reserve have said in a joint statement that they’ll focus on a long-term...
FCA to spend $670k on digital currency training and forensics
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26 November, 2021

FCA to spend $670k on digital currency training and forensics

The U.K. regulator has issued a tender offer for a firm that can provide “a platform that can support the...
ECB expands PISA framework to cover digital currencies and stablecoins
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26 November, 2021

ECB expands PISA framework to cover digital currencies and stablecoins

The Governing Council of the ECB has published a new oversight framework that will cover digital currencies and promised even...

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