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 …
Read More »Crypto License: How To Get It Now?
Do you own a car license or do you have a business license for your business? What does that do? Well, authorities issuing a license permit you to own or use something or even carry out trades in a specific region. Crypto license is kind of the same. However, it …
Read More »South African Crypto Regulations Set To Be Stringent
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 …
Read More »RBI Crypto Ban Plea Needs Global Support: FM Sitharaman
The Reserve Bank of India (RBI) has initiated a request to the Central government regarding the formulation of crypto regulations and to exercise a ban on them. To this, Finance Minister Nirmala Sitharaman remarked saying the RBI crypto ban plea would only be thought about if it garners “global collaboration” …
Read More »South Korea’s First Arrests In A Crypto Crime Case
South Korean prosecutors recently made their first arrests in the country concerning a crypto crime case that focuses on illegal crypto-related activities that might have wiped off billions. The accused party was suspected of carrying out illegal foreign-exchange transactions worth $3.4 billion. South Korean Crypto Crime Case Overview Three people …
Read More »Crypto Lender Hodlnaut Takes A Step To Avoid Forced Liquidation
Crypto lender Hodlnaut is another one on the list to have faced the wrath of crypto winter. Like other crypto market participants, it also faced subsequent losses due to the bearish sessions in the crypto market which might even result in a forced liquidation. However, the crypto lending firm opposed …
Read More »What Is Up With The South Korea Gift Tax Policy?
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, …
Read More »Singapore Crypto Trading May Become Harder After Further Restrictions
Singapore crypto trading may become difficult after the new set of rules come in. The Monetary Authority of Singapore (MAS) has been considering restricting the usage of leverage and credit facilities by retail investors who have been trading in the crypto domain. This is because of the efforts that MAS …
Read More »Binance Australia To Take Measures To Reduce Crypto Crimes
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 …
Read More »This Crypto Exchange Mistakenly Transferred $10.5mn, What Happened Next?
Crypto.com, a leading crypto exchange platform, had made a serious blunder a few months ago. Further, the most notable thing was that it didn’t even realise that. Want to know all the details? Read further! How This Crypto Exchange Made A Mistake? Crypto exchange Crypto.com a few months ago made …
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