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regulation

UAE new reporting requirements targets real estate transactions settled with digital currencies
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12 August, 2022

UAE new reporting requirements targets real estate transactions settled with digital currencies

The rules are targeted at clamping down on money laundering and terrorism financing, according to a statement by the UAE...
Portuguese banks ban digital currency exchanges—regulatory compliance is crucial
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11 August, 2022

Portuguese banks ban digital currency exchanges—regulatory compliance is crucial

As the larger picture becomes clearer, we'll double down and repeat it: in the coming years, regulators will squeeze those...
Solana’s DeFi ecosystem was totally fake—This is why identity matters
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10 August, 2022

Solana’s DeFi ecosystem was totally fake—This is why identity matters

Coindesk recently published a report on how two brothers used multiple pseudonymous accounts to fake a DeFi ecosystem on Solana—showing...
CFTC revokes election betting platform PredictIt’s permission to operate
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10 August, 2022

CFTC revokes election betting platform PredictIt’s permission to operate

PredictIt had been allowed to operate on the condition that it was being used for academic purposes and became hugely...
Japan: Lobby groups launch proposal to reform digital assets tax regime
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10 August, 2022

Japan: Lobby groups launch proposal to reform digital assets tax regime

The lobby groups specifically asked for the practice of taxing unrealized gains to be removed, while a uniform 20% tax...
Latest US digital asset regulations bill seeks to expand CFTC’s powers
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10 August, 2022

Latest US digital asset regulations bill seeks to expand CFTC’s powers

The new bill, which has been expected for months, is intended to "amend the Commodity Exchange Act to provide the...
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