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Regulation

CySEC releases digital currency regulation policy paper
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17 September, 2021

CySEC releases digital currency regulation policy paper

The new policy requires operators to tie in with AML/CFT rules, which include processes like verifying the source of funds,...
Democrats pushing to close digital currency tax loophole via wash-sale rule
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16 September, 2021

Democrats pushing to close digital currency tax loophole via wash-sale rule

The Biden administration said the law would not apply to non-custodial actors, but there is still some debate as to...
Diem not impressing Washington even with rebranding efforts: report
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14 September, 2021

Diem not impressing Washington even with rebranding efforts: report

Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying...
Russia’s State Duma wants to regulate block reward mining as business
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14 September, 2021

Russia’s State Duma wants to regulate block reward mining as business

The State Duma is considering giving miners legal recognition as a form of entrepreneurship under local business laws, opening Russia...
Ukraine passes law giving digital currency legal status
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13 September, 2021

Ukraine passes law giving digital currency legal status

The Ukrainian parliament has passed a law that recognizes and regulates digital currencies, with the Ministry of Digital Transformation given...
China doubles down on blockchain to digitize securities industry
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13 September, 2021

China doubles down on blockchain to digitize securities industry

China’s main stock exchanges and industry regulators are all piloting blockchain initiatives and in a recent event, they discussed the...
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