President Joe Biden’s taxation guidelines for 2024 will remove tax deductions for losses from crypto-wash sales New budget proposal will also double the capital gains tax from 20% to 40% United States...
Tag: Regime
Regime change as Bitcoin returns to self-custody
Quick Take The FTX collapse demonstrated the need to self custody your crypto, a trend that CryptoSlate has monitored for quite some time. However, a shift occurred in February that saw coins return t...
Public feedback on the SFC’s proposed cryptocurrency exchange licensing regime
The Securities and Futures Commission (SFC) in Hong Kong is seeking comment from the general public on its most recent proposed licensing framework for cryptocurrency exchanges. The SFC has asked for ...
Hong Kong outlines upcoming crypto licensing regime
Hong Kong’s Securities and Futures Commission (SFC) calls for public feedback on its newly proposed licensing regime for cryptocurrency exchanges set to take effect from June 2023. A key consideration...
Stock-market rally looks ‘unsustainable’ as S&P 500 enters ‘new, lower valuation regime,’ warns Citi
This year’s stock-market rally has pushed the S&P 500 index to valuation levels that make it difficult for the index to climb much higher based on the current macroeconomic environment, according ...
Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime – Africa Bitcoin News
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months a...
UAE Introduces First Regulatory Regime For Virtual Assets
UAE introduces federal-level virtual asset regulations. The regulations will protect investors of the state from risks in UAE’s virtual asset market. The Cabinet exempted financial-free zones like ADG...
Alaska adds ‘virtual currency’ to its regulatory regime
From Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of Alaska. It will oblige the companies dealing with digital currencies to obtain a money trans...
BlackRock says throw out your old investment playbook, we’re headed for a ‘new regime of greater macro and market volatility’
BlackRock’s top minds seem worried. Investment strategists at the world’s largest asset manager warned of a coming recession, stubborn inflation, and a new era that won’t be so kind to investors in th...
Hong Kong Includes Licensing Regime for Crypto Exchanges in New Legislation
Hong Kong’s legislative council has added a new amendment to the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 to accommodate the cryptocurrency industry. The legislation...
Hong Kong passes amendment introducing VASP licensing regime
Hong Kong’s Legislative Council passed an Anti-Money Laundering and Counter-Terrorist Financing amendment primarily introducing a licensing regime for virtual asset service providers (VASPs). &#...
Iranian Protesters Claim Regime Is Using ‘Nerve Agents’ To Quell Riots
Protests in Iran have steadily intensified in the two months since 22-year-old Mahsa Amini died of injuries inflicted by the morality police for wearing an ‘inappropriate’ headscarf. Now matters are r...
President Biden and Other G20 Leaders Call for New International Crypto Regulatory Regime
US President Joe Biden and other heads of states from the Group of 20 (G20) are calling for international regulations on cryptocurrencies. According to a G20 statement issued by the White House, the l...
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
A bill was introduced into the Russian State Duma, the lower house of parliament, on Nov. 17 that would legalize cryptocurrency mining and the sale of the cryptocurrency mined. Cryptocurrency cannot c...
HKSAR Suggests Regulatory Regime to Avoid Virtual Assets Market Meltdown
In response to the recent crash in the crypto market, the Financial Deputy Secretary of Hong Kong has published a blog suggesting a regulatory regime would effectively avoid crypto exchange crash scen...
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
Since 2018, the international body has looked to define virtual assets and service providers in order to apply guidelines for anti-money laundering (AML) and combatting the financing of terrorism (CFT...
New ‘crypto token regime’ instituted at the Dubai International Financial Centre
The Dubai Financial Services Authority (DFSA) announced on Nov. 1 that its crypto token regime has come into force in the Dubai International Financial Centre (DIFC) special economic zone, with a six-...
Dubai’s crypto token regime comes into force
The Dubai Financial Services Authority (DFSA), the regulator of the Dubai International Financial Centre (DIFC), on 1 November unveiled its cryptocurrency token regime. It is the second phase of DFSA’...
SBF criticizes Hong Kong’s license regime as the government consults the public on retail crypto investment
Sam Bankman Fried calls Hong Kong crypto regulations “classist.” Hong Kong is seeking public opinion on allowing retail investors crypto access. SBF and other investors are skeptical of Hong Kong’s re...
Hong Kong to Propose Statutory Licensing Regime for VASPs: CE John Lee
Chief Executive of HKSAR John Lee delivered his first policy address Wednesday, indicating that the administration has proposed a bill to establish a statutory licensing regime for virtual asset servi...
Cardano founder urges regulatory regime to appreciate the liberty crypto provides to people
Charles Hoskinson, the co-founder of the decentralized finance (DeFi) platform Cardano (ADA), has delved into the crypto regulation debate sharing his views on how authorities should approach the topi...
The past two decades of low inflation and near-zero interest rates were an ‘aberration,’ BofA says. Get ready for an economic ‘regime change’
Inflation and higher interest rates may be here to stay as a new paradigm has emerged for the global economy. At least that’s what Bank of America’s team of investment strategists argued this week. An...
Stock Market Enters Dangerous ‘TARA’ Regime
Stock Market AFP via Getty Images As the bleed-out in stocks continues, the bearish mood sweeps Wall Street. Last week, Morgan StanleyMS reiterated their earnings recession call. They predict stocks a...
IMF Executives Call for Global Crypto Regulatory Regime To Keep Consumers Safe
Two senior International Monetary Fund (IMF) executives are advocating for a global cryptocurrency regulatory framework. IMF Monetary and Capital Markets Department’s deputy director, Aditya Narain, a...
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave – Featured Bitcoin News
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Poi...
SEC and CFTC want help building new crypto reporting regime for hedge funds
Regulators want help assembling a regime for private funds to report their crypto exposure. On September 1, the Securities and Exchange Commission and the Commodity Futures Trading Commission put out...
Don’t Mistake Today’s “Whack-A-Mole” Logistics Regime For A New Era Of Global Supply Chain Management
LOS ANGELES, CALIFORNIA Container ships anchored by the ports of Long Beach and Los Angeles Getty Images The on-going rotation of congestion around the world—both within and among countries, from Chin...
Senate committee preps hearing on CFTC regime for crypto exchanges: Sources
The Senate Agriculture Committee is preparing a hearing on a bill that would drastically alter regulation for crypto exchanges, according to five sources with knowledge of the matter. The bill in que...
What Kazakhstan’s new tax regime means for the crypto mining industry
On July 11, the President of Kazakhstan, Kassym-Jomart Tokayev, signed new tax rates for crypto mining operators into law. While these amendments reflect the country’s growing frustration with the und...
Russians flee Putin’s regime after Ukraine war in second wave of migration
A ‘second wave’ of Russians are now formally relocating to countries spanning Europe, the Middle East and Asia after spending time getting their affairs in order. Natalia Kolesnikova | Afp...
The ‘Great Moderation’ is over and inflation has triggered a new regime: BlackRock
There has been a seismic, fundamental shift in the economic and markets regime that has dominated the U.S. – and much of the globe – for the past three decades. Or so says BlackRock, the world’s large...