Topline European Union judges in Luxembourg ruled Thursday that Denmark was in violation of an EU geographic protection that declares “feta” a uniquely Greek cheese, a blow to Denmark, where companies...
Tag: Rules
Regulators In California Reviewing Crypto Interest Accounts To Check All Rules Are Met
There are many reasons to be cautious with the operation of some crypto-related services and firms. Some of these companies have raised the attention of many regulatory agencies in different countries...
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. The Zone can quickly pass thorough and comprehensive...
Kazakhstan imposes new tax rules on crypto miners
The President of Kazakhstan signed a bill to apply a differentiated tax rate based on the energy consumption of crypto miners on July 11. The new bill altered the country’s law on Taxes and Other Mand...
G20 Crypto Rules Due In October 2022
Given the current volatility in the cryptocurrency market and its growing interconnection with the traditional financial system, the FSB appears to be increasingly worried about the cryptocurrency mar...
Ripple wins as the judge rules against the SEC’s motion, calling it “hypocrisy”
The case between Ripple and the United States SEC has taken an unexpected turn. According to reports on the legal-crypto streets, Ripple has won a significant victory against the SEC. In its lawsuit a...
Crypto Daily – Daily Crypto And Financial News 13/07/2022, G20 Introducing Global Crypto Rules In October
In Todays Headline TV CryptoDaily News: G20 regulator to present first global crypto rules in October The Financial Stability Board, which includes central bankers and treasury officials from G20 coun...
G20 regulators call for new global rules on cryptocurrencies
The Financial Stability Board (FSB) called for new global rules for cryptocurrencies on Monday, and will submit a report to the G20 Finance Ministers and Central Bank Governors in October on regulator...
Steve Bannon’s Contempt Of Congress Trial Will Begin Next Week, Judge Rules
Topline Former White House strategist Steve Bannon must face trial next week for contempt charges over his refusal to testify to the House select committee investigating the January 6 riot at the Capi...
G20 regulator to present global crypto rules in October 2022
The Financial Stability Board (FSB), a global financial regulator including all G20 countries, is preparing to propose international regulations for cryptocurrencies and stablecoins in October. The FS...
Regulators at the G20 Call for New Cryptocurrency Global Rules – crypto.news
The Financial Stability Board monitors and makes recommendations about the global financial system. The body was established by the G20 at its April 2009 Summit in London. Recent Calls and Assignments...
Bank of England: tougher crypto rules for “extreme volatility”
The Bank of England (BOE) said crypto need a stricter regulatory framework because of their “extreme volatility”. Specifically, the BOE refers to the $2 trillion collapse that would make the cryptocur...
UK Central Bank Demands Stricter Crypto Rules after Recent Market Crash
The Bank of England has said that considering the current crypto mayhem, stricter market rules are essential in order to avoid any major risks to financial stability. Amid the recent market turmoil, t...
Bank of England Wants Stricter Rules for Crypto to Avoid ‘Systemic Risk’
The Bank of England today called for better regulation of cryptocurrencies, noting “vulnerabilities” in the market. In the U.K. central bank’s Financial Stability Report published Tuesday, it said tha...
China Court Rules Restrictions On USDT, Here’s Why
China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT). Moreover, the court stated that virtual currency should not be circulated in the m...
BoE calls for tougher rules as crypto market plunges $2 trillion
Bank of England’s (BoE) Financial Policy Committee believes the crypto industry needs more stringent regulations as the crypto market cap’s decline from almost $3 trillion in late 2021 to $900 billion...
European Union has completed wide rules in the cryptocurrency sector
European Union (EU) has reached a comprehensive set of rules to regulate the Wild West of the crypto market. Investor protection, environmental factors, and stablecoins are among the other items ...
Indian Crypto Exchanges See A Huge Blow With New Tax Rules
Alerts from Indian cryptocurrency exchanges that a disputed fresh transaction fee would reduce trade are going to come into reality, with volumes dwindling since the tax went into force. According to ...
Indian Crypto Exchanges See Volumes Plummeting 80% Since July 1 Due to New Tax Rules
Effective July 1, the Indian government has started levying a 1% tax at the source (TDS) for trading cryptocurrencies. Just in the last five days, volumes at three major cryptocurrencies – ZebPay, Waz...
Singapore To Consider New Crypto Rules To Safeguard Users From Crypto Blowups – Coinpedia – Fintech & Cryptocurreny News Media
Singapore might consider new rules and regulations to protect consumers amid the cryptocurrency market crash and sell-off that resulted in a string of dramatic incidents involving high-profile crypto ...
New TDS Rules, An Issue For India Crypto Investors? – Coinpedia – Fintech & Cryptocurreny News Media
The rules regarding Tax deductible at source (TDS) on virtual digital assets (VDAs) and cryptocurrencies are effective from July 1, 2022. According to the rules, it is mandatory for the buyer of VDA t...
Jacobi to Launch Bitcoin ETF in Europe Amid Tightening Rules
Jacobi Asset Management is set to launch a Bitcoin exchange-traded fund (ETF) on the Euronext Amsterdam Exchange this month. In a release, the company said the fund will trade under the ticker BCOIN, ...
Supreme Court Clouds Future Of EPA Clean Air Rules, Threatening Climate Goals
Aerial view of coal power plant high pipes with black smoke moving up polluting atmosphere at … [+] sunrise. getty SCOTUS ruling could set back efforts to fight climate change, affect energy inv...
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies – Regulation Bitcoin News
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activitie...
EU Finalizes Crypto Anti-Money Laundering Rules, Walks Back Tracking of Private Wallets
The European Union (EU) reached a deal on Wednesday regarding anti-money laundering rules that would apply to a large number of cryptocurrency transactions. The new rules aim to prevent money launderi...
IRS Forced To Delay Crypto Tax Collection As Industry Struggles With New Rules: Report
The US government is reportedly delaying collecting billions of dollars worth of crypto taxes to give firms in the industry more time to gather relevant information on their customers. According to a ...
Ford’s Talk of New EV-Selling Rules Rattles Some Dealers
Ford Motor Co. is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model. Executives from the Detroit g...
Russian Parliament Adopts Tax Rules for Digital Assets – Taxes Bitcoin News
Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, th...
India’s crypto exchanges welcome clarification on new TDS rules — Quartz India
The Indian government has brought in some much-needed clarity—and cheer—in the matter of taxing digital token transactions. The union budget for 2022-23 had declared a 30% tax on income from cryptocur...
No More Fragmented Crypto Rules, SEC Chief Confirms Formal Talks With CFTC
In a recent interaction with the Financial Times, US Securities and Exchange Commission Chair Gary Gensler remarked that a unified approach by financial agencies can ensure that a fragmented regulator...