Search Results for: crypto regulations

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

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Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Vahepeal, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote…

‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US

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New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and…

Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Väärtpaberi- ja börsikomisjon (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of…

Chatgpt ‘Is the New Crypto,’ Meta Says Malware Actors Exploit AI Craze

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A growing number of malware creators are now taking advantage of the significant interest in Chatgpt to lure victims, Facebook owner Meta has noticed. According to its head of information security, the AI-based chatbot is “the new crypto” for bad actors…

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

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Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Väärtpaberi- ja börsikomisjon (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law…

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

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A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) arve “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar…

USA rahandusministeeriumi aruanne hoiatab Defi ohu eest riiklikule julgeolekule, Autorid järeldavad, et Fiati kasutatakse ebaseaduslikus rahanduses rohkem kui krüpto

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USA. Treasury on välja andnud 42-leheküljelise aruande, milles hinnatakse detsentraliseeritud rahanduse riske (defi). Aruandes öeldakse, et konkreetsed rahvusriigi vastased, küberkurjategijad, lunavara ründajad, vargad, ja petturid kasutavad defit “oma ebaseaduslikku tulu üle kanda ja pesta.” Riigikassa aruanne…

Indian Government Answers Questions About Crypto Legalization, Fraud Prevention

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The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against…

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

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According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, aga…

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

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Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such…