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Uzbekistan presidential agency mulls lifting the ban on crypto trading
The National Agency for Project Management under the President of the Republic of Uzbekistan (NAFT) is contemplating lifting the ban on crypto trading in the country. A report unveiled this news on April 30, citing an official document that the agency issued. дальше »
2021-5-1 17:23 | |
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Turkey considers crypto regulation following the collapse of two exchanges
Turkish authorities are planning to start regulating the cryptocurrency space in the country after two local crypto exchanges allegedly conducted an “exit scam” within a week, as per a report on business news outlet Bloomberg yesterday. дальше »
2021-4-29 00:00 | |
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Bappebti, Indonesia’s futures regulator considers crypto taxation
Bappebti, Indonesia’s Commodity Futures Trading Regulatory Agency is contemplating introducing taxation for crypto transactions. A report unveiled this news on April 27, noting that the authority’s move is inspired by the increasing interest in cryptocurrencies in the country. дальше »
2021-4-27 17:11 | |
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Korean minister says all 200 crypto exchanges in the country face a risk of closing down
Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. дальше »
2021-4-22 19:00 | |
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Report: India could Block IP Addresses of Cryptocurrency Exchanges
According to a Business Standard report, uncertainty around cryptocurrencies in India continues as the government is considering blocking the internet protocol (IP) addresses of prominent crypto exchanges in the country. дальше »
2021-3-22 16:01 | |
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Japan’s Central Bank Gearing up for CBDC Experimentation
Haruhiko Kuroda, the Governor of the Bank of Japan (BOJ) has hinted that the country’s plans to conduct a central bank digital currency (CBDC) is still very much on course and experiments will begin this spring, according to a Reuters report on March 16, 2021. дальше »
2021-3-18 00:00 | |
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India To Criminalize Private Crypto Ownership Despite Community Outcry
According to a senior government official familiar with the situation, the Indian government is working on legislation that will see private ownership of cryptocurrencies criminalized. India’s Crypto Ban Is Still On Course In a Reuters report published on Monday, an unnamed government official said the legislation banning cryptocurrencies in the country is in its final […] The post India To Criminalize Private Crypto Ownership Despite Community Outcry first appeared on BitcoinExchangeGuide. дальше »
2021-3-15 19:40 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD
The stablecoin is built on Ethereum leveraging Circle, Coinbase, and Blockchain Labs frameworks. Audit reports on the reserves will be released quarterly, the report states. The post New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD first appeared on BitcoinExchangeGuide. дальше »
2021-3-12 21:42 | |
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An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies. дальше »
2021-3-4 06:00 | |
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Report: India Prepares Bill To Ban Cryptocurrency; HODLers to Be Given Transition Period
An anonymous Indian official has said the country’s parliament will soon impose a blanket ban on crypto trading, mining, and investments in the country and give hodlers three-to-six months to liquidate. дальше »
2021-2-12 19:00 | |
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Indian Government’s Cryptocurrency Ban Looms; Tells Investors to Transition Out of Bitcoin
The Indian government appears to be focused on its mission to eradicate cryptocurrencies from the country. However, a new report sheds some light on its approach to phasing out digital assets, explaining that the ban will follow a transition period. дальше »
2021-2-12 16:30 | |
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Chinese authorities greenlight DBX’s subsidiary to run a crypto exchange
The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China. дальше »
2021-2-12 17:03 | |
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Russian Miner Imports 20k Bitcoin Rigs, The Largest-Ever Batch
According to a Kommersant report, BitRiver imported the largest set of Bitcoin (BTC) mining equipment in December. This is the largest single batch to make its way into the country. With an estimated 70 Megawatts (MW) of capacity, it will accommodate retail operations for at least three months. дальше »
2021-2-11 22:33 | |
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Philippines’ central bank tightens crypto regulations to combat money laundering
Bangko Sentral ng Pilipinas (BSP), the top financial regulator in the Philippines, has tightened crypto rules to help prevent money laundering in the country. A report unveiled this news on January 26, noting that the central bank now mandates that all crypto transactions adhere to its regulations on financial service providers. дальше »
2021-1-27 17:15 | |
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Indian Central Bank Mulls Use of Central Bank Digital Currency For Payments
After many years of indifference, the Reserve Bank of India (RBI) is now considering the use of a digital fiat currency for the payment sector in the country, a recent report says. This is coming on the backdrop of the increasing popularity of cryptocurrencies globally. дальше »
2021-1-26 21:10 | |
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Research: China Still Dominating the Cryptospace Despite Regulatory Bottlenecks
The latest research report released by Messari has revealed that the Asian region still dominates the cryptocurrency markets, with China leading the pack, despite the country’s overly strict, albeit draconian digital assets regulation. дальше »
2021-1-21 18:01 | |
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Ecuadorian Presidential Candidate Floats National Cryptocurrency Idea
Ecuadorian presidential candidate wants the country to join in the CBDC bandwagon. Making Ecuador Crypto-Friendly According to a recent report by Decrypt, Ecuadorian presidential candidate for 2021 and the current president of the Ecuadorian-Chilean Chamber of Mining, Geovanni Andrade, recently stated that he has plans to develop a national cryptocurrency to enable transactions within Ecuador.Read More дальше »
2021-1-18 16:00 | |
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Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
Russia is now holding more gold than U. S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U. дальше »
2021-1-17 10:15 | |
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Chinese Bank Trials Digital Yuan ATMs in Shenzhen as Part of Third CBDC Test
The Agricultural Bank of China, one of the biggest banks in the country, has recently kicked off the testing of ATMs that would allow customers to convert their cash into digital yuans, according to a report by SZNews on Jan 10. дальше »
2021-1-11 21:00 | |
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Bankers Fear Sweden’s Proposed Digital Currency May Fundamentally Change Banking
Swedish bankers have expressed concerns over the country’s proposed CBDC dubbed e-krona according to a Reuters report on Tuesday. This pipeline CBDC has been in the works for over a year and is being considered for mainstream roll out by Riksbank, Sweden’s monetary authority. дальше »
2021-1-6 17:56 | |
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The Israel Tax Authority renews its interest in crypto taxation
The Israel Tax Authority has started targeting Israelis that own cryptocurrencies in a bid to enlarge the country’s revenue. A report disclosed this news on December 23, noting that the agency is pushing for the disclosure and taxation of all crypto assets owned by Israeli citizens. дальше »
2020-12-28 17:30 | |
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Germany Passes Law to Allow Electronic Securities on Blockchain
Germany, the largest economy in Europe, has passed a law that will allow all-electronic securities to be recorded and traded based on blockchain technology. According to Reuters' report, this is part of a more effective strategy by the country’s Finance Ministry to integrate existing ecosystems with blockchain. дальше »
2020-12-18 21:22 | |
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Digital Yuan Still in Trial: China Airdrops Another $3 Million Worth of Its DCEP to 10,000 Suzhuo Residents
China’s digital Yuan has been facing a series of trials since its launch. The country has been making several attempts to gain a foothold for its digital currency. Still, in the test phase, China has just airdropped another $3 Million worth of its DCEP to some Suzhuo residents, according to a new report. This appears […] дальше »
2020-12-17 18:00 | |
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Putin Orders Russia’s Public Officials to Report Crypto Holdings
Russian civil servants must start reporting their crypto assets as the country's first crypto law comes into force in January. дальше »
2020-12-11 13:33 | |
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Caribbean Crypto Hotbed: More Than 40 Businesses Accept Bitcoin Cash in Antigua
Cryptocurrencies have been getting quite popular in the Caribbean region and in Antigua and Barbuda, the island has seen significant growth. Crypto adoption has been on the rise in the island country and just recently, a regional news report detailed that more than 40 major businesses are accepting bitcoin cash for goods and services. дальше »
2020-12-4 21:30 | |
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Ukraine’s draft bill on crypto passes the first parliamentary hearing
Ukraine’s efforts toward crypto regulation have seen its draft bill on crypto have a successful first hearing in the Verkhovna Rada, the nation’s parliament. A report unveiled this news on December 2, noting that the country’s lawmakers discussed and greenlighted the idea. дальше »
2020-12-4 13:06 | |
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USDC Facilitates The Distribution of Donations in Venezuela
Opposition leaders in Venezuela have joined forces to skirt Maduro’s controls and allow medical health workers in the country receive donations in crypto tokens, a Fox News report on Dec 25 shows. The USDC Distribution Initiative In a ravaged economy, opposition leaders are now uniting under the “Stablecoin Solution” initiative. дальше »
2020-11-27 02:00 | |
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Japan: Major Private Banks and Firms Set to Test Digital Yen in 2021
Japan is finally moving ahead with its digital yen experiment. Japan Inc. Marches Ahead with Digital Yen Experiment According to a Reuters report published on November 19, over 30 major Japanese companies are set to kick-off experiments next year toward issuing a common, private digital currency to give way to digitization in the country. дальше »
2020-11-21 11:00 | |
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South Korean Government Bans Privacy Coins as Part of Anti-Money-Laundering Drive
Privacy digital currencies catch the South Korean government’s ire. South Korea to Ban Privacy-Centric Crypto Coins According to a report by Asia Times, the South Korean government has decided to go ahead with the plan to ban all privacy-focused digital currencies as part of its drive to prohibit money-laundering in the country. дальше »
2020-11-19 02:00 | |
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HSBC executes the first blockchain cross-border LC deal in Bangladesh
HSBC Bangladesh has completed the first-ever blockchain-based cross-border Letter of Credit (LC) transaction in the country. A report unveiled this news on November 1, noting that the transaction involved United Mymensingh Power LTD, a power company based in Singapore. дальше »
2020-11-3 13:07 | |
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This country will now buy state-mined Bitcoin to fund imports
The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The post This country will now buy state-mined Bitcoin to fund imports appeared first on CryptoSlate. дальше »
2020-10-31 23:00 | |
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Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions
With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »
2020-10-31 19:08 | |
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Iran started using Bitcoin as a legal medium of exchange
According to a recent report citing the Islamic Republic News Agency (IRNA), Iran has just become the first country to use Bitcoin (BTC) as a legal means of exchange. The country made this move due to the most recent wave of sanctions by the US’ Treasury Department. дальше »
2020-10-30 12:15 | |
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Why are so many people in Eastern Europe using cryptocurrencies?
How did Russia, a country where cryptocurrencies are banned for use as payment, and Ukraine, where the asset class essentially exists outside of the law, rank the highest when it comes to crypto adoption? The latest Chainalysis report, where Eastern Europe was found to have the highest grassroots-level adoption of cryptocurrency despite being the fourth-largest […] The post Why are so many people in Eastern Europe using cryptocurrencies? appeared first on CryptoSlate. дальше »
2020-10-2 06:00 | |
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China State-Owned Media Covers Crypto as 2020’s Best Performing Assets Driven by DeFi & Weak Dollar
In an unusual coordinated report on Friday, several Chinese state-owned media covered cryptocurrencies, calling them the best-performing assets of 2020. The country’s top broadcaster, China Central Television (CCTV), ran a three-minute-long news clip, highlighting crypto assets rallying 70% this year. дальше »
2020-9-27 17:33 | |
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Russian Crypto Investors To Face Up To Three Years In Jail If They Fail To Report Wallet Balances To Tax Authorities
Cryptocurrency investors convicted in Russia for failing to declare their wallet details could face up to three years in jail, we can reveal today. They will also be liable to pay hefty fines as part of the punishment for breaching the new law proposed by the country’s finance ministry. дальше »
2020-9-26 17:53 | |
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South Korean Police Seize Shares From Major Bithumb Shareholder
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows a September 14 ruling from the Seoul Central District Court. дальше »
2020-9-19 13:30 | |
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Japan’s Dentsu Joins Blockchain Consortium for Content Monetization
Dentsu has joined Japan’s Content Blockchain Initiative (JCBI), a consortium that aims to revolutionize the country’s media and content industry with distributed ledger technology (DLT), according to a Ledger Insights report on September 8, 2020. дальше »
2020-9-10 13:00 | |
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Australian Senate Sees Blockchain Technology As The Future Of FinTech And RegTech
Australian Senate releases a report on the impact of blockchain technology on the country’s economy, technology status, and regulation technology. Released earlier this month, the 281-page interim report, “Select Committee on Financial Technology (FinTech) and Regulatory Technology (RegTech)”, focused on innovative technologies, laying out the benefits of implementing blockchain technology across the economy. дальше »
2020-9-7 16:40 | |
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Japan Speeds up CBDC Development as China’s Digital Yuan Advances
Top Japanese bankers and officials say digital currency development is a top priority now as the country “trails behind” China and South Korea in similar projects, according to a report by Japan Today. дальше »
2020-9-7 15:49 | |
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Russia: Banking Giant Sberbank Taps Blockchain to Tokenize Travel Agent Payments
Russia is looking to automate travel agency payments using blockchain technology. Using Smart Contracts to Automate Payments According to a report by local outlet Air Transport Review, Russia’s S7 Airlines has inked a partnership with the country’s largest bank, Sberbank, to fully automate travel agency payments through distributed ledger technology (DLT). дальше »
2020-8-29 21:00 | |
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Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). дальше »
2020-8-28 10:00 | |
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