U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, Sep...
Tag: Rules
Court Rules Robert Pera And Michael Heisley Can’t Get Tax Deduction From Sale Of Memphis Grizzlies
Ja Morant #12 of the Memphis Grizzlies celebrates a basket with teammates Ziaire Williams #8 and … [+] Jaren Jackson Jr. #13 during the third quarter against the Los Angeles Lakers at Crypto.com...
ASCI Announces Marketing And Publicity Rules For Virtua Digital Assets – VDA
According to the Advertising Standards Council of India (ASCI), specific rules must be applied to advertising all virtual digital assets, including cryptocurrency and NFTs, on or after April 1, 2022....
ASCI releases new rules for crypto-ads to restrict ‘misleading’ content
TR; DR Breakdown ASCI releases new rules for crypto-ads ASCI says in a statement that these standards were developed through extensive consultation The Advertising Standard Council of India (ASCI) ha...
India: ASCI releases new rules for crypto-ads to limit ‘misleading’ content
Lawmakers in India have shared concerns about the potential misuse of crypto-trading vehicles for illicit activities. In fact, concerns pertaining to advertisements by cryptocurrency exchanges have be...
Canada May Adopt Current Financial Monitoring Rules Forever
With the recent changes in financial surveillance laws, Canada could make its crypto taxation system permanent. This would affect many cryptocurrency platforms and session owners who are seeking more ...
Dexsport Is Completely Rewriting the Rules of the Game for the Betting Industry
Many people associate earnings in betting with something fickle because, in this industry, the players are entirely dependent on the decision of the broker whether to pay them or not. The Dexsport pro...
Canada Seeks to Invoke New Rules Preventing Truckers from Earning Crypto Donations
Justin Trudeau – the cowardly prime minister of Canada who ran and fled the country when truckers and other citizens refused to accept his tyranny – is invoking emergency powers as a means of stopping...
Privacy rules, tax shelters and the future history of art
After a banner year of 2021 for individual object sales through nonfungible tokens (NFTs), 2022 is poised to be the year of MetaFi. A recap of Beeple, Christie’s, Visa and endless aping-in celebrities...
Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies
Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulation...
Russian Lawmakers Begin Public Discussions on Establishing Crypto Rules
The Russian Finance Ministry introduced public notices and said they started developing a comprehensive regulatory framework for the cryptocurrency industry. During the discussions, citizens and finan...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax – Coinotizia
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get...
DOJ Sues Missouri Over Law Declaring Some Federal Firearm Rules ‘Invalid’
Topline The Department of Justice filed a lawsuit Wednesday to prevent Missouri from enforcing a law declaring some federal firearm rules “invalid,” which the department says has hindered law enforcem...
Indian Finance Minister Says RBI Is on Board With New Crypto Rules
“We were all discussing prior to the budget. And we shall continue to have the discussions. And all decisions … are being taken on it, obviously, because it [is] very serious, it is a digi...
Trudeau Invokes Emergencies Act to End Freedom Convoy Protests — Canada’s Terrorist Financing Rules Now Cover Crypto – Regulation Bitcoin News
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financin...
Judge rules in favour of Bitstamp owner after courtroom clash with founder
Nejc Kodrič, founder and former CEO of Bitstamp, has failed in his bid to stop the crypto exchange’s new owners from wresting away his remaining shares. In a recent filing, Judge Eason Rajah QC ruled ...
US Treasury exempts crypto miners from IRS reporting rules
Last year, US legislatures were torn between supporting and rejecting the Infrastructure Bill due to its lack of clarity. However, the recent announcement by the US Treasury is a major win for the cry...
Treasury Confirms Miners Exempt From IRS Reporting Rules
Key Takeaways Blockchain miners and validators will not be considered “brokers” for crypto tax reporting, the Treasury has confirmed. The Treasury stated that it will exempt “ancilla...
Crypto innovators of color restricted by the rules aimed to protect them – Cointelegraph Magazine
Historically, Black and Brown communities have had restricted access to opportunities for generational-wealth building. Crypto offers a chance to redress that balance… but an opaque mess of laws and r...
Russian Skater Kamila Valieva Can Compete At Beijing Olympics Despite Earlier Doping Violation, Tribunal Rules
Topline Russian figure skater Kamila Valieva will be allowed to compete in the women’s single skating event at the 2022 Beijing Olympics despite testing positive for a banned substance recently, the ...
MAS’s Upcoming Best Execution Rules: Why it Matters?
Providing the best execution available is an obligation of the trading services providers to their clients. However, this is not legally binding in most jurisdictions. And Singapore is going to change...
European countries scrap Covid rules despite warnings it’s too soon
A pedestrian zone in Oslo on Feb. 2, 2022, after Norway scrapped most of its Covid restrictions. Terje Pedersen | NTB | AFP | Getty Images LONDON — Several European countries are scrapping Covid regul...
The SEC Is Proposing a String of “Secret” Crypto Rules
The Securities and Exchange Commission (SEC) is planning to introduce some sweeping crypto rules that allegedly would allow regulators to check in on the activities of crypto exchanges and defi platfo...
Crypto Sector Could see new Rules from Global Regulators
Although regulators have been slow to make a move on the crypto industry, they could come up with a new global framework of rules within months, an official from the Financial Stability Board said. Th...
Billionaire Bill Ackman Asks New York Lawmakers to Ease Up Crypto Rules or Lose Innovation
On Wednesday, February 9, billionaire investor Bill Ackman requested the New York officials for removing barriers to crypto innovation in the state. New York is currently having one of the strictest j...
New Italian rules for VASPs
As the saying goes, “better later than ever”. This seems to hold particularly true for the Italian Decree on Virtual Asset Service Providers (VASP), which will regulate the business of companies and i...
Credit Suisse AML Lawsuit Will Determine Future of Swiss Banking Rules
The trial of Credit Suisse in Switzerland court for allowing a Bulgarian drug trafficker to launder illicitly gained money has started on Monday. It is the first criminal trial of a Swiss bank and the...