US Banking Committee chairman suggests banning cryptocurrencies
Banking Committee chairman Sherrod Brown made the suggestion during an appearance on NBC’s “Meet the Press.” He however stated that it would be “very difficult”...
Tel Aviv court allows Israel to seize crypto in over 150 blacklisted wallets
The Israeli government had blacklisted more than 150 wallets for links to terror groups. The Israeli government can now take custody of all the cryptocurrencies...
NYDFS: Banks must seek approval before engaging with crypto
New York Department of Financial Services published the new guidelines on 15 December 2022. All banking organisations must apply for permission to undertake any crypto...
Australian regulator ASIC sues Finder Wallet
ASIC is suing Finder Wallet for providing unlicenced financial services. ASIC claims the Finder Earn product closely resembled a debenture. Finder Wallet stopped providing the...
Internet service providers in Nepal asked to block crypto-related websites
Nepal’s Telecommunications Authority has instructed all ISPs to block crypto-related websites. The crypto-related activities include websites, apps, and online networks. The nation’s central bank banned...
Portugal working on new crypto tax legislation to levy 28% capital gains tax
An official report released by the Portuguese government shows that the country is working on a new cryptocurrency tax legislation scheduled for enacting in 2023....
Binance receives a licence to operate its cryptocurrency exchange in Kazakhstan
Binance received a licence to operate its crypto exchange in Kazakhstan a few days after signing a Memorandum of Understanding with the country’s financial regulator....
EU tightens sanctions against Russia with cross-border crypto ban
EU regulators have announced new cross-border crypto sanctions against Russia, banning crypto wallet accounts and custody services. The European Commission has announced a new wave...
Managing public finance via blockchain can reduce embezzlement of funds: Report
In a report released earlier today, the Official Monetary and Financial Institutions Forum (OMFIF) has put forward that using blockchain technology to develop a public...