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Today’s Crypto Chronicles: Unveiling the Latest Events in the Cryptocurrency Realm
Crypto Landscape Today: Insights into Current Trends Impacting Bitcoin Valuation, Blockchain Innovation, DeFi Evolution, NFT Surges, Web3 Advancements, and Regulatory Developments. Canadian Crypto Holdings Decline Amidst Stringent Rules and Price Dips The Bank of Canada (BoC) has unveiled a study revealing a downturn in cryptocurrency and Bitcoin ownership within the nation throughout 2022. дальше »
2023-8-4 18:40 | |
SEC Rules Are Preventing Major Banks From Offering Crypto Custody Services – Here’s How
The market capitalization of the virtual currency industry has surpassed the $1 trillion mark. Still, leading U. S. banks are barred from getting any skin in the game by the country’s securities watchdog. дальше »
2023-8-3 20:02 | |
HashKey Becomes the First Crypto Exchange to Serve Retail Customers in Hong Kong
HashKey becomes the first retail crypto exchange following the city's new rules. The post HashKey Becomes the First Crypto Exchange to Serve Retail Customers in Hong Kong appeared first on BeInCrypto. дальше »
2023-8-4 17:00 | |
US senators call to implement strict tax reporting rules for crypto
US Senators urge Treasury and IRS to implement crypto tax rules by December 2023, warning of potential $1.5 billion revenue loss. Four U.S. Senators, Elizabeth Warren, Robert P. Casey, Jr., Richard Blumenthal, and Bernard Sanders, have sent a letter to… дальше »
2023-8-3 16:25 | |
IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in their […] The post IRS clarifies rules on crypto staking rewards appeared first on CryptoSlate. дальше »
2023-8-1 08:00 | |
GitHub, Hugging Face, urge EU to relax open-source AI rules
An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI development. дальше »
2023-7-30 21:03 | |
Grayscale Urges Fair Rules for Bitcoin ETFs, Challenges Coinbase Surveillance Agreement
Grayscale has argued that Coinbase does not satisfy the SEC standards for a surveillance sharing agreement (SSA) for Bitcoin ETFs. The post Grayscale Urges Fair Rules for Bitcoin ETFs, Challenges Coinbase Surveillance Agreement appeared first on BeInCrypto. дальше »
2023-7-30 19:37 | |
This Week in Crypto: Worldcoin Launch, SEC XRP Appeal, Strong Meta Earnings, and New Stablecoin Rules
This week's roundup sees the launch of Worldcoin, Meta's strong Q2 amid an AI pivot, and renewed attempts by the US government to stall crypto legislation. The post This Week in Crypto: Worldcoin Launch, SEC XRP Appeal, Strong Meta Earnings, and New Stablecoin Rules appeared first on BeInCrypto. дальше »
2023-7-28 17:00 | |
Indian Supreme Court raps Union government on crypto rules delay: Report
The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. дальше »
2023-7-28 15:46 | |
Singapore Woman Who Stole $4.2 Million in Bybit Assets Told to Return Them
A Singapore judge rules that exchanges must make restitution for spending crypto held in trust, belonging to Bybit. The post Singapore Woman Who Stole $4.2 Million in Bybit Assets Told to Return Them appeared first on BeInCrypto. дальше »
2023-7-28 16:15 | |
SEC approves new AI-related rules for brokers: Is this the game-changer for AltSignals?
SEC approved new AI-related rules targeting brokers on July 26. This comes amid growing adoption of AI across all areas of the global economy. What does this mean for AltSignals, the trading firm behind the upcoming ActualizeAI. дальше »
2023-7-28 15:08 | |
Canada requests feedback on new crypto asset rules
Canadian regulator revealed it is considering amendments to its capital and liquidity approach concerning crypto assets. The proposed rules aim to streamline how institutions handle potential risks associated with cryptocurrencies, outlining four distinct categories of digital assets and their respective… дальше »
2023-7-27 10:43 | |
US House Financial Services Committee passes bill for clear crypto regulation
A vital US House meeting has passed a bipartisan bill that might finally ensure the sought-after regulatory clarity for cryptocurrency businesses. On Wednesday, 26 July, most United States watchdogs voted to advance two cryptocurrency regulation bills, approving the 21st Century Act to safeguard customers and ensure decisive rules for the digital asset sector. дальше »
2023-7-27 07:32 | |
SEC adopts proposal for regulating use of AI in markets
The U. S. Securities and Exchange Commission (SEC) has adopted a new set of rules for financial services that utilize artificial intelligence as of July 26. The SEC’s proposal is designed to tackle potential conflicts of interest arising from companies’ use of predictive data analytics, AI, and related technologies. дальше »
2023-7-27 06:00 | |
SEC Imposes Tougher Cybersecurity Rules as Breaches Escalate
The Securities and Exchange Commission rolls out tough new reporting requirements concerning cyber defenses and policies. The post SEC Imposes Tougher Cybersecurity Rules as Breaches Escalate appeared first on BeInCrypto. дальше »
2023-7-27 22:44 | |
Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case
A Singaporean High Court has ruled that cryptocurrency is a property capable of being held in trust, according to a July 25 ruling. ByBit vs. Miss Ho The court reached this decision in a case involving Seychelles-based crypto exchange ByBit which alleged that a contractor Miss Ho Kai Xin, breached the terms of her employment […] The post Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case appeared first on CryptoSlate. дальше »
2023-7-26 16:55 | |
Singapore High Court rules crypto not different from fiat money or shells
Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for digital payment tokens. дальше »
2023-7-26 14:25 | |
Namibia and Crypto Regulation: Crypto Exchange Bill Signed into Law
Coinspeaker Namibia and Crypto Regulation: Crypto Exchange Bill Signed into Law Despite the introduction of new crypto rules, the Bank of Namibia has made no official statement on accepting cryptocurrency as legal tender. дальше »
2023-7-26 14:14 | |
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements дальше »
2023-7-25 20:18 | |
Ripple: Crypto lawyer rules out near-term impacts from SEC appeal
The attorney said that the ruling will be legally binding for at least two years. The application of the third requirement of the Howey test has been debated. The watershed verdict in the hiThe post Ripple: Crypto lawyer rules out near-term impacts from SEC appeal appeared first on AMBCrypto. дальше »
2023-7-24 13:30 | |
New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms
Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets. дальше »
2023-7-21 18:30 | |
Taxing the Cryptoverse: IMF Report Claims AML Rules Not Enough to Stop Tax Evasion
According to a report recently released by the International Monetary Fund (IMF), current anti-money laundering (AML) policies are inadequate for effectively dealing with tax evasion in the cryptocurrency industry. дальше »
2023-7-19 00:24 | |
Brian Armstrong to meet House Democrats about crypto legislation
Key takeaways Coinbase CEO will meet with House Democrats to discuss crypto regulation. Armstrong wants clearer rules on crypto from Washington. Coinbase CEO wants clearer crypto regulation in the US Coinbase Inc. дальше »
2023-7-18 15:24 | |
UK Regulatory Authority Declares Crypto Memes as Financial Advertisements
Proposed Regulations by UK Watchdog: Crypto Memes Could Lead to Criminal Charges and Disclaimers for Firms and Influencers The Financial Conduct Authority (FCA) in the United Kingdom has put forth a proposal that could potentially result in imprisonment for up to two years for individuals found in violation of financial promotion rules concerning crypto memes. дальше »
2023-7-19 14:11 | |
UK Watchdog Takes Aim at Social Media Crypto Promotions Including Memes
The FCA noted a growing popularity of cryptocurrencies and investment products being marketed online. A new proposal aims to modernize existing guidelines for financial promotions. The social media rules are aimed at platforms like YouTube, Instagram, Threads, Discord, and Twitter. дальше »
2023-7-18 12:37 | |
G20 Recommends New Global Rules for Crypto Exchanges
The G20 FSB has finished new global recommendations for the crypto industry requested by the Group of 20. The post G20 Recommends New Global Rules for Crypto Exchanges appeared first on BeInCrypto. дальше »
2023-7-18 19:15 | |
The FSB Proposes Stricter Rules For Crypto After Finalizing Recommendations
The Financial Stability Board (FSB) – a global organization responsible for overseeing and providing guidance on the worldwide financial system, has recently finalized a global regulatory framework for crypto. дальше »
2023-7-18 18:00 | |