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Legal & Regulation

Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law

BitClout Founder Sued for Infringing on the Privacy of High Ranking Twitter Individuals

Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor

South Korean Regulators Want Crypto Businesses to Report Transaction Info or Face Jail Time

EU Regulators Warn Investors About the High Risks of Investing In Cryptocurrencies

Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act

Ireland’s Apex Bank Extends AML Guidelines to Cryptocurrency Sector; Stripping Ability to Trade Anonymously

Swiss Regulator, FINMA, Denies Bitcoin Suisse Banking License Application

Crypto Firms Raise Concerns Over FCA Registration Delay, Seeks HM Exchequer’s Intervention

India To Criminalize Private Crypto Ownership Despite Community Outcry

Senate Committee Approves Wyoming Bill; One Step Closer to Giving DAO Legal Standing

South Korea Revises Penalties to Strengthen KYC/AML Compliance Across Crypto Exchanges

Congress Tells SEC & CFTC to Form a Joint Digital Asset Working Group to Promote Innovation

South African Crypto Firms Threaten To Leave Amid Regulatory Uncertainty

IRS Rolls Out ‘Operation Hidden Treasure’ to Find Crypto Evators Creating Tax Fraud

Indian Crypto Industry Bullish on Finance Minister Ensuring a ‘Very Calibrated’ Approach to Regulation

Crypto Exchange Bybit Suspends Trading for UK Customers Due to FCA Derivatives Ban

CFTC Commissioner Heath Tarbert Announces Departure From Office

Kentucky Legislators Approve A Bill To Offer Tax Breaks For Crypto Miners

IRS Changes Tax Requirements; Purchasing Crypto with Fiat (USD) Doesn’t Need to be Reported

UK Treasury-Ordered Report Calls for A 5 Point Plan; Includes FinTech Fund & Crypto Regulation

State of Wyoming Drafts Bill to Develop a Blockchain-Based Commercial Filing System

Thailand SEC Plans to Introduce New Rule on Crypto Trading as Young Investors Rush In

European Central Bank (ECB) Demands Power to Shut Down Private Stablecoins, Like Diem, in the EU

SEC Delists Long Blockchain Corp for Failing to File Financial Reports

Indian Securities Regulator to Restrict IPO Promoters from Holding Bitcoin: Report

Russian Legislators Advance the Crypto Tax Bill Recognizing Digital Assets as Property

Booming Crypto Market has Thai SEC Setting Registration Deadline For Digital Asset Managers

Global Digital Finance Warns Hong Kong’s Proposed Rule Will Send Crypto Investors to Unregulated Exchanges

Iowa Senate Introduces Blockchain Bill to Regulate Smart Contracts as Law

Massachusetts Regulators Seek Testimony of GameStop Cheerleader ‘Roaring Kitty’ Over $48M Score

Nigerian Senate Invites Financial Regulators To Discuss Crypto Ban

Indian Government’s Cryptocurrency Ban Looms; Tells Investors to Transition Out of Bitcoin

French Regulator Proposes New Regulations And Pilot Programs For Blockchains & Crypto

G7 Leaders to Focus on CBDC’s & Digital Asset Taxation at Next Week’s Meeting

Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets

South African Tax Regulators Shift Focus To Crypto; Sends Out Audit Requests

EU Watchdog Monitoring Accelerating Retail Trading in Traditional and Cryptocurrency Market; May Even Step In

Majority of Countries Need far Clearer Tax Guidance on Crypto Staking: US Library of Congress

Wyoming Senator Cynthia Lummis, a Bitcoiner, to Serve on Banking Committee

New Blockchain-Era of Finance for Switzerland; Phase One of Sweeping Crypto Reforms Rolls Out

India Proposes Bill to Ban “Private” Crypto’s and Introduce a CBDC, But No Need to Panic

New Comptroller of the Currency (OCC) Suspends Brian Brooks’ ‘Fair Access’ Banking Rule

Bitonic Exchange Sues Dutch Central Bank Over Controversial Crypto Wallet Verification Law

South Africa’s Primary Financial Regulator Proposes New Crypto Regulations In The Country

Philippines’ Central Bank Issues New Guidelines to Curtail Money Laundering Among Virtual Asset Service Providers (VASPs)

US Senate Confirms Janet Yellen as Treasury Secretary; What Does This Mean for Crypto?

BoE Gov: Public Interest Lies in Privacy, But Crypto’s Are Not A ‘Lasting Digital Currency’

Japanese Police Arrest 30 Suspects, Allegedly Involved in 2018’s $530M Coincheck Hack

CFTC’s Heath Tarbert Steps Down as Chairman; Called ETH a Commodity in 2019

Yellen Recognizes the ‘Benefits of Crypto’ & Only Suggests Curtailing Its Use in Illegal Activities

North Dakota Lawmakers Propose Making Government-run Bank a Crypto-Custodian

President Joe Biden Freezes Former Secretary Mnuchin’s Proposal on ‘Unhosted’ Crypto Wallets

FinCEN Extends Public Comments Period on Crypto Regulation by 45 Days; Into the Biden Administration

New Zealand’s Financial Markets Authority Warns Crypto Investors to Watch Out for Scams

Anchorage Secures Trust Charter from Outgoing OCC Brian Brooks; Becomes First Crypto Bank

Bitcoin Supporter Gary Gensler, Who Called XRP A ‘Security’ to Be Named SEC Chairman

Kentucky Lawmakers Submit Bill to Lure Crypto Mining Firms Into the State

UK’s Financial Watchdog Issues a Crypto Warning; HSBC & Other UK Banks Blocking Transfers

UK’s FCA New Law Prohibiting Sale of Crypto Derivatives to Retail Traders Takes Effect

South Korea Finalizes New 20% Tax Regime on Crypto Starting in 2023

FinCEN’s Extended Public Comment Period Ends Today, Over 65,500 Submitted

FinCEN Intends to Amend the FBAR Rules Regarding Foreign Accounts Holding Cryptocurrencies

Congress Members Request Treasury to Extend Comment Period on FinCEN’s Latest Crypto Regulation

NYDFS Approves Internet Giant, GMO, to Offer The First Japanese Yen (JPY) Pegged Stablecoin

FinCEN’s Crypto Rule Is The “Definition of Bad Regulation;” Market’s Lack of Reaction Is Bullish

Senator-Elect Urges Treasury Secretary to ‘Engage with Industry” & Against ‘Hasty’ Wallet Regulations

FinCEN Opens Job Positions for Crypto Policy Advisers Ahead of Proposed Wallet Regulation

Germany Passes Law to Allow Electronic Securities on Blockchain

UK’s Financial Conduct Authority (FCA), Extends Temporary Registration For Crypto Exchanges

Centra Tech Co-Founder Sentenced One-Year in Prison Over $25 Million ICO Scam

French Ministry of Finance Targets Strict KYC Rules For Crypto Transactions; No More Anonymity

US Lawmakers Appeal the Treasury Secretary & SEC to Not ‘Hinder American Leadership’ in Crypto Space

Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ $84 Million in Crypto

Ohio’s House of Representatives Passes Bill for State Operations to Leverage Blockchain Tech

Thailand Excise Dept to Adopt Blockchain Tech In 2021 to Boost Revenue Collection Efficiency

G7 Finance Ministers Strongly Support Regulating Digital Currencies

Pakistani Province Passes Draft Bill to Legalize Cryptocurrency Trading And Mining

Ukraine’s Cryptocurrency Draft Bill Received 67% Approval In its First Parliamentary Hearing

South Korea’s National Assembly Approves Amendment to Push Crypto Tax Rule to January 2022

Chinese Police Won’t Return the $4.2B Seized PlusToken Funds; ‘Forfeit to the National Treasury’

Russia Proposes Tax Code Changes; Digital Financial Assets to be Classified as Property

Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022

US Regulator OCC Proposes ‘Fair Access’ to Banking Services For All Including Crypto Companies

US Tax Authorities Discusses Taxing Digital Currencies; Each Standard Method Has Trade-Offs

Dutch Crypto Exchanges Want a Screenshot of Your Wallet to Prove the Legitimate Ownership of BTC

Former Coinbase Exec, Brian Brooks, Nominated by President Trump to Lead US Comptroller of the Currency (OCC)

SEC Chairman Jay Clayton to Step Down By Years End; Will Crypto Regulations Ease?

Despite Blanket Ban in 2018, Pakistan Regulators Look to Build Friendly Framework for Digital Assets

Members Of Congress Blasts Acting Comptroller Of Currency (OCC), Brian Brooks, For His “Unilateral Crypto Decisions”

Crypto-Related Offerings Contribute 25% Of $4.8B Collected for Fines And Disgorgements Paid to The SEC In 2020

EU Draft Proposal Seeks to Access Data from End-to-end Encryption Platforms, Activists Call Foul on the Integrity of Digital Infrastructure

US Department of Justice (DoJ) Challenges Visa’s Proposed $5.3B Acquisition of Plaid Due to Antitrust Laws

CFTC’s Swaps Division Releases Advisory Note To Futures Merchants On Holding Virtual Currencies

FinCEN Penalizes ‘First’ Bitcoin Mixer, Helix, for Violating Anti-Money Laundering Laws

Russian Central Bank to Curb Total Digital Assets An ‘Unqualified’ Investor Can Acquire

Spanish Government Embarks on Bill to Requires Crypto Investors to Disclose Holdings and Income

Biggest Challenges Ahead for Crypto as Regulators Declare War on Privacy & Self-Custody

Netherlands Central Bank (DNB) Approves First Crypto Exchange Under New AMLD5 Regulations

DOJ’s First-of-its Kind Crypto Framework Targets Decentralized, P2P Platforms & Privacy

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