South Korea’s digital currency tax battle may reach presidential election
There have been some oppositions surrounding the new income tax law, with investors accusing the government of insufficient protective measures for digital currency investors.
Latest regulation News
G7 financial leaders reach agreement on digital currencies
Finance ministers of the G7 countries have reached an agreed position on 13 public policy principles for central bank digital currencies, in a move that could pave the way for greater adoption of CBDCs across the world’s leading economies.
US senators urge Facebook to discontinue digital currency pursuit amid Novi wallet launch
Five U.S. lawmakers wrote a letter to Zuckerberg urging him to discontinue the Novi and Diem ventures, stating that Facebook can’t be trusted to manage a digital currency.
Proposed Australian regulations target exchanges, DeFi, DAO and miners
A Senate committee focused on fintech has recommended a complete overhaul of the regulatory process in Australia for the digital currency industry.
US Treasury warns digital currencies could undermine sanctions
Digital currencies could undermine the impact of sanctions imposed by the United States, a report by the Treasury Department has stated.
Influential Hindu group asks Indian gov’t to regulate digital currencies
The right-wing group has urged the Modi government to police streaming platforms like Netflix and digital currencies for the larger good of the society.
Marcin Zarakowski and Ahmed Yousif talk regulation and gov’t adoption on CoinGeek TV
Bitcoin Association’s Marcin Zarakowski and Ahmed Yousif joined Patrick Thompson on CoinGeek TV, discussing how each views the future of blockchain technology.
Miners should pay more for power than households, Russia says
Russia’s energy minister has proposed changes that could see block reward miners pay more for electricity than households as the industry grows rapidly.
Bank of England chief: Digital currency regulation a ‘matter of urgency’
The Deputy Governor said the risks posed by stablecoins as well as decentralized and derivatives trading on unbacked assets, were enough to require a more hands-on regulatory approach.
‘Start again’: Estonia regulator wants digital currency licenses revoked
Matis Mäeker, head of Estonia’s Financial Intelligence Unit, said the state should consider scrapping regulation “to zero and start licensing all over again,” over concerns about the impact of the sector.
Lloyd Purser on ‘Hashing It Out’ Episode 13: The big opportunity for NFTs is gaming
The COO of FunFair Technologies also noted the benefits of “interoperability” when it comes to NFTs, using the example of taking a “punk” that you own and bringing it into FunFair’s racing game. values.
CFTC orders Tether to pay $42.5M, tells it not to break the law again
The U.S. Commodity Futures Trading Commission has slapped Tether with US$42.5 million in penalties, saying it made "untrue" and "misleading" statements and "omissions of material fact" in its management of the USDT.