US city authorities mull paying taxes in bitcoin
Jackson, Tennessee blockchain task force has begun examining the possibility of paying property taxes and salaries in the first cryptocurrency.
US city authorities mull paying taxes in bitcoin
Jackson, Tennessee blockchain task force has begun examining the possibility of paying property taxes and salaries in the first cryptocurrency.
Japan’s financial regulator creates division to oversee cryptocurrencies
Japan's Financial Services Agency (FSA) has created a division to oversee digital asset regulation, and the Ministry of Finance has signaled a possible expansion of staff with cryptocurrency specialists, Reuters reports citing unnamed officials.
Former US Treasury secretary says buying Bitcoin is normal
Deciding to invest in or hold funds in Bitcoin is a personal choice, provided the asset is properly regulated. Former US Treasury Secretary Steven Mnuchin holds this view.
Italy and Malta warn consumers about unregulated Binance activity
The Italian securities regulator CONSOB warned that Binance is not authorised to provide investment services or carry out operating activities in Italy.
Ukraine approves basic bill establishing Diia City
On 15 July, Ukraine's Verkhovna Rada approved in the second reading and in principle the basic bill to create the special regime of Diia City. The document was supported by 262 deputies.
India proposes including disclaimers in cryptocurrency advertising
The Delhi High Court (India) urged standardized disclaimers for cryptocurrency-related advertising on national television, The New Indian Express reports.
French regulator proposes giving ESMA oversight powers over the crypto industry in the EU
The French financial markets regulator (AMF) proposed granting ESMA powers to oversee the crypto industry as part of a package of reforms to strengthen financial regulation in the EU.
Indian ICICI Bank to curb remittances linked to digital assets
One of India's largest banks, ICICI Bank, has warned customers against remitting funds if they are intended for the purchase of cryptocurrencies or obtained as a result of such operations in the past. Cointelegraph reports.
Jihan Wu sees positives in regulators’ pressure on the cryptocurrency industry
Tighter oversight by regulators could benefit the cryptocurrency industry, billionaire and Bitmain co-founder Jihan Wu said in a CNBC comment.
Avanti CEO Caitlin Long criticises Fed stance on cryptocurrency firms
The U.S. Federal Reserve will make it harder for digital asset–related companies to access the payments system and bank accounts, according to Caitlin Long, founder and CEO of Avanti, a cryptocurrency bank.
Cameron Winklevoss: Gemini Set to Overtake Binance
Gemini co-founder Cameron Winklevoss told Bloomberg in an interview about plans to beat Binance, the largest platform by trading volume. He said that a regulated business would help the company. Products that do not meet regulatory requirements will have to take a back seat, says the Gemini co-founder. "We're playing the long game. We're trying to be the fastest turtle in this race. In the long run, results come with time," Winklevoss said.
SEC registers Grayscale’s Digital Large Cap trust
Grayscale Digital Large Cap has been registered as a trust regulated by the U.S. Securities and Exchange Commission (SEC). The digital assets manager Grayscale Investments has pledged to provide the regulator with audited 10-K and 10-Q reports.We use cookies to improve the quality of our service.
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