Crypto Regulations News

Crypto Regulations News

Hong Kong’s Financial Regulator Projects Rising Crypto Deficit of $20 Million in 2024/25 and $33 Million in 2025/26

The Hong Kong Securities and Futures Commission (SFC) has projected a widening budget deficit, anticipating a shortfall of $20.5 million (148 million HKD) for...
Crypto Regulations News

Russia Set To Debut Mandatory Crypto Mining Equipment Registration Agency

Russia is set to implement a mandatory registration system for cryptocurrency mining equipment, a move that could significantly reshape the nation’s mining industry. The Russian...
Crypto Regulations News

UK’s Financial Regulator Gives Green Light to Coinbase’s Crypto Operations

Coinbase has received important approval in the UK. According to official reports, Coinbase secured a place on the Financial Conduct Authority's (FCA) register, enabling...
Crypto Regulations News

Indian Govt Introduces 70% Penalty on Undeclared Crypto Gains, Lookback Period Set At 48 Months

Indian government is set to introduce new penalty on crypto gains. According to official announcements, under Section 158B of the Income Tax Act, India...
Crypto News

India’s Budget 2025: No Change On Crypto Taxes, 30% Tax On Capital Gains Remains

India’s Finance Minister Nirmala Sitharaman announced the Budget 2025 on Saturday, unveiling major tax relief measures, including a direct tax exemption of up to...
Crypto Hacks

Turkish Court Partially Overturns Conviction Of Thodex Founder Faruk Fatih Özer Along With 16 Other Members

The Istanbul Regional Court of Justice has overturned part of the conviction against Faruk Fatih Özer, the founder of the now-defunct cryptocurrency exchange Thodex,...
Bitcoin News

North Dakota Moves to Protect Bitcoin Mining, Self-Custody, P2P Rights With Recent Proposed Bill

North Dakota has emerged as a pioneer in cryptocurrency legislation with the introduction of House Bill 1239, a comprehensive piece of legislation designed to...
Crypto News

CoinDCX Founder Sumit Gupta Commends India’s AI Push And Hopes For Crypto Support Soon

The Indian government is on the brink of unveiling the successful bidder for procuring graphics processing units (GPUs) under its IndiaAI Mission.  According to reports,...
Crypto Regulations News

Chinese Court Says Any Transactions On Cryptocurrency Exchanges Will Be Considered Gambling, Report

Hunan Province’s People's Court in Pingjiang County has issued multiple criminal judgments against employees and agents of the BKEX exchange. The verdicts, published on...
Crypto News

El Salvador Congress Greenlights Bitcoin Law to Make BTC Optional for Businesses

El Salvador congress has decided to implement an amendment to its Bitcoin law. According to the official reports, the El Salvador congress delivered a...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

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A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

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Social platforms popular with younger users, including Xiaohongshu, Taobao,...

UK To Force Crypto Exchanges To Collect Full Transaction Records From Jan. 1, 2026 As HMRC Ramps Up Tax Enforcement

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As the nation's authorities are ready to take action...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

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Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

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A group of clients has sued Kalshi Inc., alleging...
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