Tag: Regulators
US Tax Authorities Discusses Taxing Digital Currencies; Each Standard Method Has Trade-Offs
Tax regulators across the U.S. are debating on the trade-offs in taxing digital assets, Bloomberg Law states. Erika Nijenhuis, a…
Top Japan’s official urges govt to develop digital currency to protect currency sovereignty
A senior official of Japan’s ruling party has urged the country’s regulators to revise laws to allow the Bank of…
Privacy King Monero (XMR) Hits New All-Time High for Transactions Despite Bounty Contracts
Privacy-focused cryptocurrency, Monero (XMR) is seeing increased usage, despite an increased effort by regulators to trace transactions on the network….
Court Enforces Seizure of Korean Crypto Exchange Bithumb’s Shares
South Korean regulators have seized the share of the local cryptocurrency exchange Bithumb from its major investor. The move has…
BitMEX Mandating KYC by Feb 2021, Not Bad for Crypto Market
Crypto derivatives exchange BitMEX now seems to be feeling the pressure of regulators as it announces mandatory know-your-customer (KYC) measures…
Facebook Finally Revamps its Libra Crypto Project to Gain Regulatory Approval
After several backlashes from regulators around the world, Facebook has finally redesigned its cryptocurrency project, Libra in a bid to…
G20 Sets 10 Recommendations for Facebook’s Libra and Other Stablecoins
Although the fuss about Facebook’s proposed cryptocurrency, Libra, has been on the low, regulators around the world are still concerned…
EU Parliamentary Report on Crypto Oversight Suggests Stricter Measures than 5AMLD
The European Parliamentary Research Service has suggested that its regulators should further enhance the Fifth Anti-Money Laundering Directive for more…
French Financial Watchdog Largely Agrees With EU’s Crypto Proposal But Remains Cautious
Major stock markets regulators in France the Financial Markets Authority (AMF) have issued its official stance on crypto-assets as well…
Facebook Plans to Redesign Libra to Fix Global Regulatory Concerns
Facebook has been receiving endless backlashes from regulators around the world since it unveiled its plans to launch a global…