Advertisement     The Monetary Authority of Singapore (“MAS”), Singapore’s central bank, has reiterated the island country’s sense of stringency with regard to digital...
Tag: Authority
Live on Testnet: VeChain Proof of Authority Upgrade
On June 20, the VeChain Foundation announced the arrival of VIP-220 on its exclusive Testnet through Twitter. This is an updated version of the project’s consensus algorithm that added block finality,...
Crypto.com Approved by Monetary Authority of Singapore
4 hours ago | 2 mins read Exchange News Crypto.com will provide services under the Payment Services Act. Crypto.com has more than a million users globally. Today Crypto.com announced that The Monetary...
Korean Financial Authority Imposes Departure Ban On Terra Developers
According to Korean news site JTBC, the Seoul Joint Financial and Securities Crime Investigation Team has placed travel embargoes on developers in the Terra team. This is as a result of the ongoing in...
Bank of Israel, Hong Kong Monetary Authority to Test CBDC
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The joint CBDC project will utilize a two-tiered system, once it begins in...
Your Government Does Not Have The Authority To Define Who You Are – Vitalik Buterin The Creator Of Ethereum Is Doubling Down On The Crypto Pseudonym Culture
Buterin’s tweet affirms crypto’s pseudonymous culture at a time when the industry’s massive development has compelled the industry’s top players to be more open about their true identities. Buterin ha...
CryptoCom Obtains Provisional Approval From Dubai Virtual Assets Regulatory Authority
Cryptocurrency trading platform CryptoCom has obtained provisional approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer its services to users of the country. CryptoCom Obtains Pro...
Terraform Labs Staff Discloses LUNA’s Potential Risk of Crash but Neglected: South Korean Authority
Carried out by the Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation team, The staff of Embattled blockchain startup Terraform Labs have been called for ...
UK Financial Authority to Consider Terra Massacre During New Regulatory Framework
32 mins ago | 2 mins read Bitcoin News Pritchard referenced a recent Opinium poll by the FCA. In April 2022, the LUNA was valued at over $100; it is now worth less than a penny. This year, the FCA (Fi...
Australian Tax Authority Issues Stark Warning for Crypto, NFT Investors
In a release setting out its priority areas, the Australian Taxation Office (ATO) reminded consumers that selling a token can attract capital gains tax, just as it would for the sale of property, shar...
Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe – Bitcoin News
A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is ...
France’s financial authority approves Binance’s registration as digital asset service provider
The Autorité des Marchés Financiers (AMF), France’s authority responsible for regulating the financial market, has granted Binance’s registration to provide crypto-related services in the country. In ...
Monetary Authority Singapore (MAS) Tightens Process To Approve Crypto License
Considering the higher risk involved in cryptocurrency, the Monetary Authority of Singapore (MAS) has tightened the procedure to approve a crypto license for digital asset providers, making the regime...
House Bill Aims to Give CFTC Authority to Regulate Crypto Exchanges, Stablecoins
A bipartisan group of lawmakers—including the leading Republican on the House Agriculture Committee—has introduced a new bill to regulate developers, dealers, and exchanges working with digital commod...
Bipartisan bill to give CFTC authority over exchanges and stablecoins
A bipartisan group of lawmakers in Washington, D.C., introduced an updated bill on Thursday to regulate cryptocurrency developers, dealers, exchanges and stablecoin providers, bringing them under the ...
Is House Bill really aiming to give Crypto Exchanges regulation authority to CFTC?
The upcoming bill known as the Digital Commodity Exchange Act 2022 will make several regulations not addressed in the SEC of CFTC. There are talks of introducing a new bill that was created by a bipar...
Hong Kong Monetary Authority issues warning on stablecoins
The Hong Kong Monetary Authority (HKMA) has released a warning saying that stablecoins posed a risk to the stability of the Hong Kong dollar. The institution released the warning during a discussion p...
CFPB invokes old rule to expand authority over fintech and crypto firms
The Consumer Financial Protection Bureau is setting the stage for more involvement in the crypto industry. On April 25, the CFPB announced that it was invoking a largely unused provision from the Dodd...
Russian Tax Authority Proposes Crypto Use as a Foreign Trade Payment Tool – crypto.news
According to a report published by Izvestia, Russia’s Federal Tax Service (FTS) gave its feedback on the draft of a crypto bill submitted by the Finance Ministry. The tax agency proposed allowing comp...
Russian tax authority proposes using crypto as a foreign trade payment tool
Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment ...
Singapore To Give Regulators More Authority In The Industry
The Singaporean government has approved the legislation that will empower the Monetary Authority of Singapore (MAS) to respond to crypto companies doing business outside On Tuesday, the government pas...
Singapore aims to streamline financial watchdog’s authority over crypto firms
The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business outside the country. Records ...
EU Officials Want European Banking Authority To Keep List of Crypto Companies at Risk of Criminal Activity
Members of the European Parliament (MEPs) are urging banking authorities to keep track of crypto services that could be used to conduct crime. According to a press release, MEPs have adopted new rules...
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes – Taxes Bitcoin News
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminde...
Dubai Police Releases Free NFTs to Enhance Authority
As part of a campaign to showcase security, innovation, and communication values, the Dubai Police has rolled out a set of non-fungible tokens (NFTs) comprising 150 free digital assets, according to l...
CFTC looks at expanded authority to regulate crypto, for less than a 10% budget increase
The U.S. Commodity Futures Trading Commission, or CFTC, has released its Fiscal Year 2023 (FY2023) budget request, seeking $365 million. This marks a 9.9% increase over the previous year and 20% over ...
Anonymous Says It Hacked Bank of Russia, Monetary Authority Denies Claim – Bitcoin News
Anonymous has attacked the Central Bank of Russia (CBR), according to a post on social media. The hacking group, which vowed to hit Russian government websites after Moscow launched its military assau...
Central Bank Of Russia Gives Sberbank Authority To Issue Digital Assets
On Thursday, the Central Bank of Russia said that it had granted Sberbank a license to issue and exchange digital assets. The move comes just two months after the central bank urged for a complete ban...
The Reserve Bank Of Australia Is Seeking Executive Authority To Oversee The Fast Expanding Cryptocurrency Industry
With that in mind, we should recall the Senate report from October 2021, which advocated a crypto framework approach. Aside from establishing a governance framework, the bipartisan proposal gave the T...
Dubai introduces new virtual asset regulations and creates regulatory authority for oversight
His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the Dubai Virtual Asset Regulation Law, giving Dubai its first-ever regulations for digital assets. The aim of the Dubai Virtual Asset Regul...
Dubai Establishes Independent Authority To Oversee Development Of Crypto Sector
Dubai took its first steps towards becoming a major player in the global digital assets space, announcing the adoption of an initial crypto law and the establishment of a Virtual Asset Regulatory Auth...
Dubai Adopts Initial Crypto Law, Establishes Independent Authority for Oversight
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...