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SEC Chair Says $2.2T Crypto Industry Is At A Level That It Must Be Within A “Public Policy Framework”

According to Gary Gensler, who is set to testify before the European Parliament’s Committee on Economic and Monetary Affairs on Wednesday regarding crypto, DeFi isn’t really a new concept. It has “a fair amount of centralization” as such regulators can exercise authority over these decentralized platforms. дальше »

2021-9-1 16:37


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Philippines Regulator Instructs Axie Infinity Players to Pay Taxes on Income Made from In-Game Assets

The Philippines financial regulator has not taken kindly to people making money off of blockbuster blockchain-based game Axie Infinity. Income Made via Axie Infinity is Taxable The Department of Finance (DOF) of the Philippines has warned the players of the popular blockchain-based game Axie Infinity that they must pay taxes on the real-world money theyRead More дальше »

2021-8-25 10:00


Digital Assets “Not Regulated by the CFTC,” Even if They Are A Commodity: CFTC Commissioner

One of the Commissioners of Commodity Futures Trading Commission (CFTC), Dawn D. Stump, released a statement on Monday detailing the agency’s regulatory authority over digital assets. She said, “The CFTC’s regulatory oversight authority, as well as the application of our enforcement authority, must be well understood by the public. дальше »

2021-8-24 17:33


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Jamaica: Central Bank Mandates Court Order for Monitoring Customer CBDC Transaction Data

The central bank of Jamaica says legal approval a must before monitoring customer’s personal transactions tied to CBDCs. Batting for Customer Protection The Bank of Jamaica (BOJ) – Jamaica’s central bank – made an important announcement recently saying that despite the technological ability to do so, interested authorities must not use customer’s digital wallet transactionRead More дальше »

2021-8-19 19:00


“Regulatory Compliance Is A Must, Not A Decision,” says Binance CEO As Malaysia, India, And Europe Strike Yet Again

Malaysia’s SC has taken enforcement action against Binance, giving it 14 days to completely close its business while India’s AML agency is investigating the exchange’s role in betting apps. In Europe, Binance is winding down its futures and derivatives products offerings, starting with Germany, Italy, and the Netherlands. дальше »

2021-7-31 17:52