Natwest is the latest UK bank to enforce limits on its customers’ dealings with crypto companies. Limitations on crypto payments Using the rational of protecting its customers against crypto scams and...
Tag: impose
U.S Treasury To Impose 30% Tax On Crypto Mining Operations
On Thursday, March 9, U.S. President Biden revealed his budget proposal for 2024. Under the Biden Budget, the U.S. Treasury Department is looking to introduce a 30% excise tax on crypto mining operati...
Biden Wants To Impose New Crypto Tax Rules
The Biden administration is looking to impose new rules on crypto taxation, which will include the wash sale rule and doubling capital gains taxes. New Budget Proposal Doubling Down On Crypto The Pre...
Canada To Impose Tighter Laws For Exchanges Post U.S SEC Crackdown
6 hours ago | 2 mins read Bitcoin News Governments in Europe and Asia are also expanding their regulatory oversight. Kraken had its staking programme recently curtailed by the SEC. Regulation authorit...
EU regulator tells banks to impose Bitcoin limits before they become law
Although the global regulatory framework set out by the Basel Committee on Banking Supervision (BCBS) will not become legally binding before 2025, the European Central Bank (ECB) expects banks in the ...
EU lawmakers impose stringent measures for banks holding cryptocurrencies – Cryptopolitan
On Tuesday, European lawmakers gave a mandate requiring banks holding cryptocurrencies to abide by more stringent measures. The Parliament’s Economic and Monetary Affairs Committee enforced increased ...
EU to Impose Capital Requirements on Banks Holding Crypto
Prospective EU legislation could force banks to set aside a punitive amount of capital to back their holdings of cryptoassets. The Committee on Economic and Monetary Affairs of the European Parliamen...
Ripple Ally Asks Court to Impose “Modest” Civil Penalty
Alex Dovbnya The Commission and LBRY now find themselves at an impasse regarding the remedies the SEC can seek In its new court filing, cryptocurrency startup LBRY claims that the U.S. Securities and ...
French lawmakers may impose earlier crypto regulations
France is considering an obligation for cryptocurrency firms to obtain a full licence in the wake of the recent bankruptcy of FTX. The French government has expressed concerns over the lack of regula...
Crypto Tax Update: Italy will Impose Crypto Gains Tax at 26%
For tightening the regulations on digital assets and expanding the crypto taxation on crypto trading, Italy is working to impose a 26% tax on digital assets for gains more than 2,000 Euros (~$2,062), ...
Italy to impose 26% crypto gains tax from 2023
Italy is planning to tighten regulation around cryptocurrencies by taxing capital gains beginning in 2023. According to the European country’s proposed budget for next year, all digital currency prof...
Italy Will Impose Crypto Gains Tax at 26% Starting in 2023
Italy will impose a capital gains crypto tax of 26% on profits beginning in 2023. The new law will require crypto holders to disclose their current holdings and pay 14% on them. According to Bloomberg...
Compound Finance to impose lending caps in light of failed Aave exploit
Users of decentralized finance lending platform Compound Finance have passed a proposal to restrict the maximum borrowing of 10 tokens on the protocol. The proposal put forth by financial modeling fir...
Australia To Impose Crypto Tax, Crypto Daily TV 27/10/2022
In Todays Headline TV CryptoDaily News: Cash App now supports bitcoin lightning payments. Michael Rihani, product lead at mobile payment service provider Cash App, has confirmed that the firm’s ...
Portugal to Impose 28% Taxes on Crypto Gains
Crypto-friendly country Portugal is planning to impose taxes on crypto gains held for less than a year after the acquisition, following the footsteps of South Korea, which wants to implement taxes on ...
Portugal Plans to Impose 28% Tax on Crypto Gains
The Portuguese government has proposed a new cryptocurrency tax policy that would take effect as part of its 2023 national budget, according to a government-issued report published Monday. Within the ...
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls – Coinotizia
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from ...
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls – Economics Bitcoin News
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from ...
South Korea To Impose “Gift Tax” On Crypto Airdrops ⋆ ZyCrypto
Advertisement     South Korea is looking to impose a new sort of tax on cryptocurrencies. The East Asian country has remained on the news within the crypto space of la...
MAS to impose crypto trading suitability tests
The Monetary Authority of Singapore is looking to impose suitability tests on those wishing to trade cryptocurrencies. Those who do not meet the requirements will have restrictions placed on their cre...
South Korea to impose tax on virtual airdrops
South Korea Ministry of Strategy and Finance has made a new revelation about virtual Airdrops. The Ministry disclosed that Airdrops might also attract gift tax. This development manifested when attend...
South Korea to Impose 10-50% Gift Tax on Crypto Airdrops
The Ministry of Strategy and Finance of South Korea has announced that crypto airdrops, staking rewards and hard-forked tokens will be subject to gift tax under the nation’s Inheritance and Gift Tax A...
South Korea to Impose 10–50% Gift Tax on Crypto Airdrops
The South Korean government will impose a gift tax on crypto airdrops, with the tax rate ranging from 10 to 50%. Regulators will examine the airdrops on a case-by-case basis. South Korea’s government ...
Ontario crypto exchanges impose $30K CAD annual limit on altcoin buys
Canada-based crypto exchanges Bitbuy and Newton are enforcing a 30,000 Canadian dollars annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid ...
Ontario Exchanges Impose CA$30,000 Annual Buy Limit on Altcoins
Canadian cryptocurrency platforms Newton and Bitbuy are enforcing an annual buy limit of CA$30,000 on most altcoins for users in Ontario. According to Toronto-based Newton, the limit will apply to wha...
Ontario crypto exchanges impose $30K CAD annual limit –
The new buy limits are intended to better protect crypto investors They aim to make investors more aware of the risks associated with crypto assets The limit resets every 12 months from the first purc...
Massive Shakeup Incoming For UK Crypto Investors As Regulator Seeks To Impose Limit On Crypto Holdings ⋆ ZyCrypto
Advertisement     The leading financial watchdog in the United Kingdom is pushing for a new wave of cryptocurrency legislation. The new law will introduce a cap on the...
Billionaire Mark Cuban Expects SEC to Impose ‘Nightmare’ Crypto Registration Rules – Coinotizia
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will b...
Billionaire Mark Cuban Expects SEC to Impose ‘Nightmare’ Crypto Registration Rules – Regulation Bitcoin News
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will b...
Chehalis City Council Votes to Impose Crypto Mining Ban
The Chehalis City Council in Centralia, Washington, has voted unanimously to impose a new crypto moratorium that would prevent any new mining facilities from setting up headquarters in the area. Cheha...
President of Kazakhstan Enacts Law Amending Country’s Tax Code To Impose Higher Rates on Crypto Miners
The President of Kazakhstan, Kassym-Jomart Tokayev, has enacted a law amending the country’s Tax Code to impose a higher tax rate on cryptocurrency miners. The increased levy will be based on the amou...