Thailand Excludes Firms Issuing Digital Tokens From Taxation

46 seconds ago | 2 mins read Bitcoin News Thai Cabinet decided to provide tax benefits for businesses that issue digital tokens. The exemption covers both the main and secondary markets for ICOs issue...

Just-In: Thailand Waives Tax For Companies Issuing Digital Tokens

Thailand’s government on Tuesday said it will waive corporate income tax and value-added tax for companies issuing digital tokens for investment. This marks another pro-crypto move by Thailand a...

UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized

The United Kingdom’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Po...

Bill Vs. CBDC – Why This US Congressman Wants To Block The Fed From Issuing A Digital Dollar

Some US congressmen have expressed concerns or opposition to the idea of a  Central Bank Digital Currency, or CBDC, being pushed by the US Federal Reserve. One of them is Rep. Tom Emmer (R-Minnesota),...

Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD

Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD),  cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD). The transaction to...

Paxos to Stop Issuing Dollar-Pegged Token BUSD

The New York Department of Financial Services has dealt a blow to the cryptocurrency sector by directing Paxos Trust Co. to halt the issuance of one of the largest dollar-pegged cryptocurrencies. The ...

Paxos reportedly ordered to stop issuing Binance USD

The New York Department of Financial Services (NYDFS) has ordered blockchain company Paxos Trust to stop the issuance of dollar-pegged Binance USD (BUSD) stablecoin.  The New York regulator’s actions ...

SEC to Sue Paxos for Issuing Binance USD Coin

Join Our Telegram channel to stay up to date on breaking news coverage The U.S. Securities and Exchange Commission plans to take legal action against cryptocurrency company Paxos Trust Co. for violati...

Why The UAE Central Bank Is Interested In Issuing A Digital Currency

In recent months, initiatives surrounding central bank digital currencies,  (CBDC) have gained traction as banking authorities attempt to streamline cross-border transactions and stimulate innovation ...

New York Regulator Reportedly Stops Paxos From Issuing BUSD, but is it Just FUD?

The world’s largest crypto exchange has reportedly admitted that the New York Department of Financial Services has ordered Paxos to stop issuing the Binance USD (BUSD) stablecoin. BUSD is the seventh-...

SEC to File Lawsuit Against Paxos for Issuing Binance USD

17 mins ago | 2 mins read Exchange News As per reports, the SEC sent out a letter to Paxos. According to the SEC, BUSD is an unregistered security. The U.S. Securities and Exchange Commission (SEC) in...

Dubai Sets The Pace By Issuing Landmark Virtual Asset Regulations ⋆ ZyCrypto

Advertisement &nbsp &nbsp In one of the most comprehensive efforts to create a crypto regulation framework, Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Vi...

Binance, Mastercard issuing prepaid card in Brazil as regional crypto interest grows

Crypto exchange Binance and payments provider Mastercard are teaming up once again, this time to launch a prepaid Binance card in Brazil. The card will enable Binance users with valid national i...

Celsius Proposes Issuing New Tokens as Part of Restructuring Plan

9 hours ago | 2 mins read Defi News The results of the voting would be considered by U.S. Bankruptcy Judge Martin Glenn. Celsius plans launching a new company and rewarding creditors with a new token....

Celsius Floats Plan to Exit Bankruptcy by Issuing New Token

A lot has happened during the Celsius bankruptcy case since the platform originally went under back in July. Between accusations of fraud, arguments that customers (or unsecured creditors, according t...

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil – Finance Bitcoin News

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would ne...

e-Money stops issuing EEUR stablecoin

e-Money, an electronic payment system built on the Cosmos network, has stopped the issuance of its euro-backed stablecoin EEUR, saying that the prolonged bear market was the reason for the decision. N...

Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme – Bitcoin News

Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt...

SBF pushes FTX restart idea by issuing FTT tokens to creditors

FTX former CEO Sam Bankman-Fried supports restarting the bankrupt exchange by issuing new FTT tokens to creditors and giving 100% profits to token holders. I continue to think that this would be a pro...

El Salvador lawmakers to consider regulation for issuing digital assets

A committee within El Salvador’s Legislative Assembly is considering a long-awaited law aimed at regulating digital asset service providers and issuers in the country.  The so-called ̶...

Hong Kong Issuing World’s First Tokenized Green Bonds by Year’s End

Hong Kong will issue what is the world’s first tokenized government green bonds by the end of the year. Reports also state that the region will legalize retail crypto trading. Hong Kong’s financial au...

Blockchain.com, a cryptocurrency exchange, issuing Visa debit cards

Join Our Telegram channel to stay up to date on breaking news coverage A day after posting earnings that beat expectations, Visa (V) is expanding the use of another significant crypto company on its p...

Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar – Regulation Bitcoin News

Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Re...

Moscow Exchange Suggests Issuing Crypto Receipts 

MOEX has already filed the respective bill with the Central Bank of Russia DFA receipts can be traded as securities Unclear if regulators will allow their free circulation inside the country The Mosco...

Moscow Exchange Suggests Issuing Crypto Receipts for Those Afraid of Blockchain – Exchanges Bitcoin News

The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready for distribu...

Celsius Revival Plan Appears To Include Issuing Wrapped Assets

One more recording of Celsius’ administration shows the company’s proposition incorporates giving tradable wrapped resources to clients Customers can redeem their wrapped tokens  Celsius should introd...

House Stablecoin Bill to Seek Two-year Ban on Issuing New Algorithmic Stablecoins

Bloomberg reported Wednesday that legislation to regulate stablecoins being drafted in the U.S. House of Representatives would impose a two-year ban on new algorithmic stablecoins similar to TerraUSD ...

Binance Completes Issuing Ethereum Proof- of-Work Tokens

11 seconds ago | 2 mins read Editors News  Deposits and withdrawals in ETHW are now possible. Poloniex has decided to rename its ETHW markets and support the EthereumFair fork. Binance completed the d...

US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source

“Unlike private digital assets, a CBDC issued by the Federal Reserve would be backed by the full faith and credit of the U.S. government, like the dollar bills in our wallets,” said Rep. Maxine Waters...

CEO of United Texas Bank wishes to restrict the issuing of US dollar-backed altcoins to banks

Scott Beck, CEO of the United Texas Bank, urged representatives of the government’s blockchain advisory committee to suggest a policy that would leave stablecoins to financial institutions rather than...

Fan Token Issuing Startup Socios.com Receives Italian Regulatory License

The sports-based fan token market has surpassed $440 million in market cap since the football fans’ blockchain app Socios.com announced it has received regulatory approval from the Italian gover...

Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms

The Bangko Sentral ng Pilipinas, the Central bank of the Philippines, announced on Thursday that it would close the regular application window for new virtual asset services providers (VASP) licenses ...