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Nigerian lawmakers eye economic boost through crypto taxation

The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation. дальше »

2024-8-20 19:41


UAE Central Bank introduces new Stablecoin regulations

The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. дальше »

2024-7-23 20:41


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Russia proposes allowing traditional exchanges to handle crypto trading

Russia’s Ministry of Finance has proposed allowing traditional exchanges to handle digital asset trading for select investors, Interfax reported on July 10. A government draft response to two pieces of regulation outlines the possibility of creating special regulations for “conducting organized trading in digital currency, recognized as a commodity, on the basis of an exchange […] The post Russia proposes allowing traditional exchanges to handle crypto trading appeared first on CryptoSlate. дальше »

2024-7-16 00:30


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Ripple CEO urges action on crypto regulation, criticizes SEC chair following Biden roundtable

Ripple CEO Brad Garlinghouse emphasized the need for substantive action in crypto regulation following a pivotal roundtable discussion with key industry and government figures. The event gathered prominent figures such as entrepreneur Mark Cuban, Coinbase Chief Legal Officer Paul Grewal, and Circle Chief Strategy Officer Dante Disparte. дальше »

2024-7-10 23:31