RBI Removes Barrier for Crypto Startups
Cryptocurrency startups express relief as the Reserve Bank of India (RBI) removes the ban on them.
The RBI had, for a long time, maintained its...
Singapore Issues Guidelines on Advertisement of DPTs to the General Public
Digital Produced Tokens (DPTs) and Web 3 is at the nascent stage of its growth. Yet it has garnered huge interest from entrepreneurs, institutional...
EU is Gearing Up For Union Wide Regulation
The European Union posits that ICOs and crypto assets present substantial risks. Hence the European Securities and Markets Authority (ESMA) is looking to establish an...
Bitcoin Players in India Cautious of Facebook’s Stablecoin
Indian firms in the crypto sphere believe Facebook’s plan to test its virtual currency in their country, will potentially bypass their crypto regulations. Last...
Regulators Deliberate About Crypto Legislation in Preparation for G20 Summit
FATF is expected to release proposals on the 21st of June with the aim of setting new international standards for crypto businesses. Different legislators...
Malta Warns Against a Ponzi Scheme
The Malta Financial Services Authority (MFSA) has issued an official press release. In it, it warns against an entity called Emirate Coin Tech.
In the...
Cryptocurrency Traders Beware: A New Tax Form is Here
The Internal Revenue Service (IRS) is on the move. Recently, they released the new 1040 tax form. It will ask citizens whether or not...
Stablecoins Receive Appraisal from the US Federal Reserve
United States Federal Reserve has disclosed that stablecoins could serve as a new medium of exchange with global coverage.
Stablecoins are in the loop....
SEC Wants $16 Million from ICOBox
The United States Securities and Exchange Commission (SEC) is seeking more than $16 million in penalties from ICOBox. And its founder, Nikolay Evdokimov.
The Commission...
Bank of Canada Refuses to Rule Out Digital Currency
The Central Bank of Canada recently confirmed that they haven't totally canceled the possibility of a Central Bank Digital Currency (CBDC). Also, giving possible...