Turkey’s crypto regulation is at the final stage: report
Turkey’s crypto regulation seeks to align the country’s anti-money laundering laws with the scope of the Financial Action Task Force...
Regulation
Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads...
India issues compliance notices to nine offshore exchanges including Binance
India issues show-cause notices to Binance, Kucoin, and others for PMLA violations. Finance Ministry urges blocking URLs of offshore exchanges...
Argentina’s President Milei proposes incentives for declaring crypto holdings
Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging...
South Korea to disclose top officials’ crypto holdings in 2024 as new crypto exchange launches
South Korea transforms transparency: 5,800 officials disclose assets, incl. crypto, via PETI. Pullix disrupts crypto exchange norms: PLX token presale,...
SEC asks for final changes to spot Bitcoin ETF filings: Report
The US Securities and Exchange Commission (SEC) has set December 29, 2023 as the date for final changes to spot...
Bulgaria closes investigation into Nexo citing no criminal activity
Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said authorities had found...
Coinbase appeals SEC rulemaking petition denial as promised
Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and...
FTX debtors assess value of crypto claims based on petition date market prices
The debtors of the now-defunct cryptocurrency exchange FTX have filed an amended Chapter 11 plan of reorganization, which proposes that...
Tether responds to US lawmakers’ calls for DOJ action
Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for intervention by the...
Kazakhstan central bank reviews digital tenge pilot successes, next steps
The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has been declared a success after a month-long pilot project. A...
Majority of UK MPs ‘lack crypto knowledge,’ says industry association
The self-regulatory trade association CryptoUK has reported roughly 5% of all Members of Parliament (MPs) in the United Kingdom have...
SEC pushes deadline for decision on Invesco Galaxy spot Ether ETF to 2024
The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove a spot...
ECB assesses environmental footprint of cash, sees room for improvement
The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental...
Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval
Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform. Advertisers looking to promote crypto...
UK FCA crypto skills gap is causing slow enforcement, says National Audit Office
The National Audit Office (NAO) in the United Kingdom has raised concerns about the effectiveness of the Financial Conduct Authority...
Tether announces wallet-freezing policy for OFAC-sanctioned persons
Stablecoin issuer Tether has announced another step toward cooperation with law enforcement and regulatory agencies by initiating a voluntary wallet-freezing...
Crypto lawyer wants to depose Changpeng Zhao for civil case
Adam Moskowitz, who has been the lead attorney in a number of civil cases involving crypto firms, filed a motion...
SEC discussing ‘key technical details’ with spot crypto ETF applicants: Report
Officials with the United States Securities and Exchange Commission are reportedly discussing aspects of Bitcoin (BTC) exchange-traded funds, or ETFs,...
Hong Kong bans two crypto sites for misleading investors
Hong Kong’s Securities and Futures Commission (SFC) banned the two crypto websites for scamming users. HongKongDAO and BitCuped were blocked...
SEC pushes deadline to decide on Grayscale spot Ethereum ETF
The United States Securities and Exchange Commission has delayed its decision on whether to approve or disapprove of a spot...
Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4
Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously...
