Tag: crypto regulations

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UAE To Share Crypto Tax Data With Global Authorities Ahead Of 2027 Rollout

The United Arab Emirates and local crypto firms have agreed to join an OECD-backed plan to share crypto tax data with other countries. The...

Central Bank Of Bahrain Launches Stablecoin Issuance And Offering Rules

Bahrain’s central bank has introduced a new regulatory module for stablecoins that sets clear rules on issuance, custody and reserves. The Central Bank of...

UK FCA Proposes Full Crypto Rulebook To Bring Firms Under Traditional Finance Standards By 2026

The UK Financial Conduct Authority launched a consultation to fold crypto firms into its rulebook. The paper came out on Wednesday, with feedback due...

Pakistan Regulator Urges Global Crypto Firms To Seek Local License To Serve 40M Users

Pakistan’s new crypto regulator, the Pakistan Virtual Assets Regulatory Authority (PVARA), has asked regulated global crypto firms to apply for local licenses so they...

U.S. DOJ Seeks $584,741 In Crypto Tied To Iranian National Accused Of Supporting Drone Program

The U.S. Department of Justice filed a civil forfeiture action to recover $584,741 in USDT that prosecutors say was controlled by Mohammad Abedini, an...

China’s Guangzhou Court Voids Sale Of Offshore Crypto Mining Rigs, Cites Threat To Financial Order

The Guangzhou Intermediate People’s Court said yesterday it voided a sales contract for offshore virtual currency mining machines after a press conference marking the...

India Leans Against Full Crypto Law To Prevent Overpowering Nations’ UPI Payment System

The Indian government, including the finance ministry and the Reserve Bank of India, is leaning against passing a law to fully regulate cryptocurrencies, a...

Crypto Exchange Bybit Restores Full Access For Indian Users After Regulatory Approval

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has restored complete access to its app for Indian users on both the App Store...

Singapore’s High Court Rejects Do Kwon’s Claim Over $28.72M Penthouse Payment

Do Kwon, co-founder of the failed Terraform Labs, had his claim for about 50% of a Sculptura Ardmore penthouse payment rejected by Singapore’s High...

U.S. SEC Rolls Out Rulemaking Plan That Could Reshape Crypto Rules In The U.S.

The U.S. SEC on Thursday published a rulemaking agenda that could remake how digital assets are regulated. The agenda lists proposals on the offer...

Sen. Cynthia Lummis Pushes 21st Century Mortgage Act To Let Crypto Factor Into Fannie & Freddie Risk Rules

Senator Cynthia Lummis (R-WY) told followers on X(Twitter) on August 24 that she is pushing her 21st Century Mortgage Act to let cryptocurrencies count...

Binance Australia To Appoint External Auditor By AUSTRAC Orders To Fight AML & Counter-Terrorism Financing

AUSTRAC has instructed Binance Australia to secure an independent auditor on account of “serious concerns” about its anti-money laundering and counter-terrorism financing controls.  The subsidiary,...