The cryptocurrency space has been unregulated for quite a long time now. Hence, the already volatile domain has offered higher risks over time. However, the crypto framework is set to change as the South African Reserve Bank (SARB) has altered its understanding of crypto and now considers it as a …
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You will be surprised to know that the South Korea Gift Tax policy now extends into the cryptocurrency domain. Want to know how and why? Well, we have curated the important points and information about the move. Overview Of South Korea Gift Tax Policy On Crypto On Monday, August 22, …
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Binance Australia is working to make its new users’ onboarding process stringent as it aims to protect its users from prevalent crypto crime cases. The new set of rules and measures by Binance Australia was noted in the June quarter’s Economic, Social, and Governance (ESG) report released by the company …
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The California State Assembly passed a bill for crypto regulation that would be implemented for crypto exchanges operating in their jurisdiction. The Digital Financial Assets Law bill was passed on Tuesday, August 30, 2022. The bill was then forwarded to the hands of Gavin Newsom, the State Governor, who can …
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A senior Russian lawmaker has called for the development of an appropriate legal framework to suitably control international crypto payments. His suggestion follows statements by influential Moscow regulators that, in light of the country’s severe financial constraints, Russia must permit the adoption of cryptocurrency in international trade. Russia And International …
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The CFTC regulation might alter the way the crypto market currently works by inducing growth, Rostin Behnam, the Chairman of the Commodity Futures Trading Commission noted. He further stated that this crypto regulation might induce the Bitcoin price to be pushed to grow over double of what it stands today. …
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Singapore to ban borrowing for retail investors soon as proposed by the authorities recently. If you are thinking about what pushed Singapore to ban borrowings, then we have the correct answer. So, the city-state decided to impose a ban on borrowing by retail investors in order to be able to …
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