A new US Federal Reserve rule has further cemented the central bank’s wariness about cryptoasset activities. A statement issued by the board of governors of the Federal Reserve System on Tuesday clari...
Tag: cryptoassets
U.K. Takes a Page from TradFi’s Books to Regulate Cryptoassets
The United Kingdom (U.K.) has opened a consultation on new rules for regulating the crypto sector. The government intends to regulate cryptoassets, including trading, lending, and custody, similarly t...
Hong Kong SFC says traders will have highly liquid cryptoassets
Julia Leung Fung-yee, the new CEO of Hong Kong’s Securities and Futures Commission (SFC), has clarified that retail traders in the region will only have access to highly liquid cryptocurrencies to saf...
“Crypto-assets have Become The Bubble of a Generation”: ECB
European Central Bank or ECB officials propose a ban on tokens with an “excessive ecological footprint.” Crypto Dominos At the LBS’s Insight Summit 2022, Fabio Panetta, ECB Executive Board member, say...
OECD Issues Framework to Tackle International Tax Evasion Using Crypto-Assets – crypto.news
The Organization for Economic Cooperation and Development (OECD) has issued a global tax reporting framework for cryptocurrencies that will assist tax authorities in keeping track of cross-border tran...
OECD Presents New Transparency Framework for Crypto-Assets to G20
The Organization for Economic Co-operation and Development (OECD) – an intergovernmental organization with 38 countries, established to promote economic progress and world trade – has released its new...
European Council passes landmark Markets in Crypto-Assets (MiCA) regulation
The European Council has made major strides towards crypto regulation by approving the landmark European Union’s Markets in Crypto-Assets (MiCA) regulation today. The MiCA regulation will now proceed ...
The Moshnake Platform Is The Gaming Blockchain Crypto Has been Waiting For Along With Other Crypto-assets Like Solana And Mantra DAO
The crypto market is expanding with various blockchain industries spawning and evolving. The crypto gaming industry, currently worth billions of dollars, is a financial nest for many crypto enthusiast...
SEC Will Continue Treating Crypto-Assets Like Other Securities, Regardless Of Their Technology
Advertisement     Gary Gensler has insisted that his agency will continue being a “cop on the beat” concerning policing crypto-assets despite claims that they are not ...
Coinbase Stock Loses 14% as Cryptoassets’ Legal Status Questioned
The sell-off comes shortly after the SEC classified nine tokens as securities in a complaint against a former Coinbase employee Coinbase has a rigorous internal process for classifying tokens, the exc...
Cryptoassets See $64 Million in Inflows, as Investors Take Advantage of the Dip – crypto.news
CoinShares has revealed via the latest edition of its Digital Asset Fund Flows Report released on July 4, 2022, that investors pumped in a total of $64 million into digital asset investment products l...
A historic Markets in Crypto-Assets (MiCa) framework approved by European Union officials
Richard Gardner, CEO of Modulus, thinks the new rule may spell the end of the present slump in digital assets. A historic regulation known as the Markets in Crypto-Assets (MiCa) framework, which offer...
From soup to nuts of ‘agreement reached on European crypto-assets regulation’
As the rest of the cryptocurrency market gradually moves on from the aftermath of the collapse of Terra’s LUNA and UST, regulators across the globe have become increasingly skeptical of digital assets...
eToro Introduces New Cryptoassets – InsideBitcoins.com
Even if the crypto market is down, there is no stopping cryptocurrency exchanges to do everything they can to keep the wheels turning. In that spirit, eToro has introduced new assets. Each one of thes...
EU commissioner reiterates need for ‘regulating all crypto-assets’
Mairead McGuinness, the Commissioner for Financial Services, Financial Stability and Capital Markets Union at the European Commission, is moving forward with a discussion on regulating cryptocurrencie...
Beeple: Targeted attack takes $438K in crypto-assets and NFTs
The hacking and befooling of users in the digital world is no new idea. The recent hacking which clamored the global crypto industry is that of Beeple official Twitter handle. The account was hacked b...
eToro Adds 4 New Tokens to Platform as Cryptoassets Hit 62
Social investment and trading network, eToro, has added four new tokens to the line of cryptoassets customers can trade on its platform. Take Advantage of the Biggest Financial Event in London. The ne...
Bank of England’s Opinion on Cryptoassets and Decentralized Finance
HodlX Guest Post Submit Your Post My take on the UK apex bank’s opinion on crypto assets and DeFi and its move to regulate the crypto industry. Following the recent release of a 40-page report by t...
Queen Elizabeth’s Treasury Reveals How Cryptoassets Fit Into Post-Brexit U.K.
The U.K. announced earlier this week its strategic move to become a global hub for crypto. Here’s what you need to know. Her Majesty’s Treasury announced on Monday its strategic, ‘moves that wil...
New rules to stop illicit flows in the EU via Cryptoassets
The regulation is important for the new EU against illegal tax avoidance bundle Point is to guarantee crypto-resources can be followed similarly as customary cash moves There is a shortfall of rules f...
OECD Proposes Crypto-Assets Reporting Framework
The Organization for Economic Cooperation and Development (OECD) has proposed a framework for the reporting of cryptocurrency assets in an effort to streamline global tax compliance. The Crypto-Assets...
Cryptoassets Use in Ukraine War under Scrutiny by Global Regulators: Reuters
The use of crypto assets is being closely watched by global financial regulators amid the war in Ukraine after worry about its use to evade Western sanctions on Russia, according to Reuters. U.S. and ...
Crypto-Assets Are Highly Risky and Speculative
The European Supervisory Authorities – the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), the European Insurance and Occupational Pensions Authority (EIOPA) – ...
NFTs: New Fraud Targets
The automation of fraud demands better defences, beginning with digital identity. I bought a non-fungible token (NFT) the other day. I bought it on OpenSea, one of the major NFT marketplaces. In case ...
HMRC updates its cryptoassets manual to address DeFi taxation in the UK
The UK’s HMRC has updated its cryptoassets manual that it published last year, to provide legislative clarification on how DeFi will be taxed in the UK. The cryptoassets manual is a formalisation of ...
Australian Regulator Warns Against Investing Retirement Funds in ‘High Risk’ Crypto-Assets – Regulation Bitcoin News
An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The r...