Kazakhstan proposes stricter controls for bank transfers to foreign crypto exchanges: report

Kazakhstan’s financial watchdog is set to implement new restrictions that would require banks to automatically deny banking transfers to overseas crypto exchanges. The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, which oversees the country’s… дальше »

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Italy to raise bitcoin capital gains tax from 26% to 42%

Italy is set to increase capital gains tax on bitcoin (BTC) from 26% to 42% by 2025. The move is part of the country’s draft budgetary plan (DBP), released on Wednesday, which outlines measures to raise additional revenue. дальше »

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Binance assists Delhi Police in taking down renewable energy scam, $100k in Tether seized

Scammers impersonated high-ranking officials to get investors to invest their money They claimed they had the rights from India’s Ministry of Power to help the country grow its solar power by 450 gigawatts Delhi Police sought help from crypto exchange Binance to follow crypto financial transactions Crypto exchange Binance and the Delhi Police have successfully […] The post Binance assists Delhi Police in taking down renewable energy scam, $100k in Tether seized appeared first on CoinJournal. дальше »

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Spot Litecoin ETF On The Horizon? Canary Capital Seeks SEC Green Light

In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country. дальше »

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Brazil’s central bank plans to regulate stablecoins by 2025

Brazil’s Central Bank Chief, Roberto Campos Neto, announced on Tuesday that stablecoins and asset tokenization are set to be regulated in the country next year. He shared these remarks in a video for market intelligence firm Uqbar. дальше »

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Huge Bitcoin Breakout To New Highs Could Be Near As BTC Price Blasts Past $67,000

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South African Revenue Service Cracks Down On Crypto With New Tax Rules

In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). дальше »

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South Korea to discuss approval of spot Bitcoin ETFs

South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. дальше »

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Georgia opposition debuts civil blockchain project ahead of critical elections

 Georgia’s political opposition wants to use blockchain technology to develop civil society and the country’s business landscape.  дальше »

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Thai SEC to allow crypto exposure for mutual and private funds

Thailand’s securities regulator has proposed allowing mutual and private funds to invest in cryptocurrency, marking its latest effort to bolster the country’s crypto economy. According to a Bangkok Post report citing an Oct. дальше »

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South Korea’s largest crypto exchange Upbit to be probed by the FSC

South Korea’s Financial Services Commission plans to investigate Upbit over concerns about its market dominance and its close ties with K Bank. A local media report cited FSC chairman Kim Byoung-hwan, stating that the country’s top financial regulator will thoroughly… дальше »

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Taiwan to launch digital asset custody pilot for banks in 2025

Taiwan’s Financial Supervisory Commission (FSC) will launch a pilot program for institutions interested in digital asset custody services, local media reported on Oct. 8. The program is part of the country’s broader effort to foster financial innovation amid plans to introduce comprehensive legislation for the digital asset industry by the end of 2024. дальше »

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How El Salvador’s Bitcoin gamble impacted inflation

El Salvador’s adoption of Bitcoin as legal tender in Sept. 2021 coincided with notable shifts in the country’s inflation rate. Inflation stood at 4. 9% when the government first purchased 200 BTC on Sept. дальше »

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Ethiopian Bitcoin mining gets 600MW boost as country signals support for industry

Ethiopia is emerging as a fast-growing Bitcoin mining hub, with local miners already consuming 600MW of power and more capacity expected to come online this year. Ethiopia’s Bitcoin (BTC) mining industry is gaining momentum, with crypto miners currently consuming 600MW… дальше »

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Tax-free crypto transactions coming to UAE in November to push digital ambition

The United Arab Emirates (UAE) has exempted crypto transactions from the country’s 5% value-added tax (VAT). This exemption is part of an amendment to the Executive Regulation of the Federal Decree Law on VAT. дальше »

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Will Argentina Take the Leap to Make Bitcoin Legal Tender Like El Salvador? Experts Weigh In

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El Salvador doubles down on Bitcoin, defies IMF concerns

El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American country’s lawmakers had passed “important amendments to the CNAD […] The post El Salvador doubles down on Bitcoin, defies IMF concerns appeared first on CryptoSlate. дальше »

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Poland’s 2nd Largest Bank Uses Blockchain To Preserve Country’s Cultural Treasures

Pekao Bank from Poland, the country’s second largest lender, is making headlines by taking a bold approach to preserving art. Using the medium of blockchain technology, it has kept some of its most valuable artworks in an Arctic vault, and less exposed to the elements. дальше »

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Poland’s Pekao Bank using blockchain to preserve art in arctic vault

Poland’s second-largest bank, Bank Pekao, is using blockchain technology to preserve the country’s cultural heritage.  According to a Pekao press release, the bank partnered with Aleph Zero to launch Archiv3, a project aimed at tokenizing Polish artwork and securely storing… дальше »

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Ex-Chinese Deputy Finance Minister urges country to pivot anti-Bitcoin stance

Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according to local media reports. дальше »

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Binance ‘fully available’ in Argentina after VASP registration

Binance becomes fully operational in Argentina after securing registration with the country’s securities regulator. 

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Gemini follows Binance and OKX in departing Canada

Crypto exchange Gemini has announced its exit from the Canadian market, joining several other platforms that have left due to the country’s strict regulatory environment. Canadian customers of the Winklevoss-founded exchange reported receiving an email urging them to withdraw their… дальше »

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Crypto crime: UK man pleads guilty to operating illegal ATM network

Olumide Osunkoya has pleaded guilty to five offenses related to running an illegal network of crypto ATMs across the UK, making it the country’s first conviction of its kind. Osunkoya’s conviction marks the UK’s first case against unregistered crypto ATM… дальше »

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Indonesia launches first NFT postage stamp

The Indonesian National Post Office has launched the country’s first Non Fungible Token postage stamp depicting the bird of paradise, Cenderawasih. On Sept. 27, Indonesia‘s National Post Office, Pos Indonesia, launched the country’s first NFT postage stamp to commemorate the… дальше »

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US election outcome won’t slow Q4 Bitcoin rally, hedge fund says

Neither party has adequately addressed the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, a hedge fund manager said. дальше »

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New Crypto Regulations in Japan Ease Rule For Blockchain Gaming Sector

Japan’s Financial Services Agency (FSA) has announced plans to reform the country’s regulatory framework on crypto gaming. This move, according to the report, appears to be aimed at assisting businesses in managing their digital currency assets better and to “stimulate” growth in the blockchain gaming sector. дальше »

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BlockDAG’s Mega Deal with Dortmund – Presale Surges to $76.2M; Plus the Latest Render News, & Polkadot Challenges

As Zimbabwe grapples with economic hurdles, Render (RNDR) is emerging as a beacon of support, offering GPU-powered tools that enhance the country’s creative sectors. This technological aid is providing Zimbabwean digital artists and animators the resources they need to excel. дальше »

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Morocco turns to AI, blockchain to achieve ‘digital hub’ goal by 2030

Morocco is betting on artificial intelligence (AI) and blockchain technologies to transform the country into a global digital hub as part of its ambitious Digital Morocco 2030 strategy. The initiative was announced on Sept. дальше »

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Ireland eyes MiCA guardrails to democratize finance with crypto

The Central Bank of Ireland is leading calls to democratize finance and boost financial inclusivity by implementing the EU’s MiCA regulations, highlighting the country’s priorities. дальше »

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German Government Shuts Down 47 Exchanges, Says They're Tied To ‘Illegal Activity’

The German Attorney General's Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering. дальше »

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Ukraine’s cryptocurrency mining strains energy infrastructure amid Russia conflict

Ukraine remains a leading global player in cryptocurrency adoption, even as it grapples with the ongoing conflict with Russia. A recent report by OSINT agency Molfar reveals the impact of the country’s booming crypto-mining industry on its already strained electricity infrastructure. дальше »

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Mining is thriving despite everything: How is it affecting Ukraine’s electricity system?

Ukraine remains among the top countries in terms of cryptocurrency adoption. How does mining work in the country during the current conflict with Russia? Analysts at the OSINT agency Molfar collected data from July 2023 to June 2024 using various… дальше »

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This Country Quietly Mined Over 13,000 BTC, Overtaking El Salvador’s Bitcoin Reserves

In a surprising development, Bhutan has significantly increased its Bitcoin holdings, surpassing El Salvador and establishing itself as a major player in the cryptocurrency world. According to data shared by crypto analytics firm Arkham Intelligence on Monday, the Himalayan kingdom now holds just over 13,000 BTC, valued at approximately $780 million. In addition to Bitcoin, […] дальше »

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U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country. дальше »

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Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin

Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups. дальше »

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Bhutan’s Bitcoin mining stash exceeds $750m: Arkham 

Bhutan, a country with a population of under one million, ranks as the world’s fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept. 16.… дальше »

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Brazil lifts freeze on Starlink, X accounts after $3M fine payment

The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country. 

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Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes

For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.

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Crypto is used for payments in Georgia, not to get rich: Tbilisi Crypto City Guide

The capital city of the country of Georgia boasts a small but vibrant crypto community that aims to put the country on the map.

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Greece plans new $330M data center to boost AI expansion

Paris-based Data4 plans to invest in Greece to develop a major AI data center hub outside of Athens, signaling a boost to the country’s digital infrastructure and economy. дальше »

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Crypto Leaderboard: India Stays On Top As the World’s Leading Hub For Adoption

India has once again emerged as the global leader in cryptocurrency adoption, according to a recent report by blockchain analytics firm Chainalysis. This marks India’s second consecutive year which topped the charts, demonstrating continuous interest among investors who continue to engage with digital assets despite the country’s regulatory environment and high trading taxes. India’s Expanding […] дальше »

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Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity

The dangers of money laundering and other associated crimes have Singaporean authorities stopping the use of crypto for gambling. Related Reading: US Congress Tackles DeFi—What’s The White House’s Position? Singapore’s parliament has passed amendments to the Casino Control Act, designed to further enhance the effectiveness of the country’s casino regulatory regime and its safeguards for […] дальше »

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UAE regulators to allow Dubai-licensed VASPs to service entire country

The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.  дальше »

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Kraken slams Australia’s regulatory uncertainty following court ruling on fiat margin trading

Kraken, one of the leading cryptocurrency exchanges, has raised concerns about the lack of regulatory clarity in Australia following a Federal Court ruling against its fiat margin trading product. The ruling, which sided with the Australian Securities and Investments Commission (ASIC), underscores the need for tailored regulation in the country’s rapidly growing crypto sector. In […] дальше »

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Binance obtains crypto license in Indonesia through local subsidiary

Binance's regulatory success in Indonesia could significantly enhance the country's crypto ecosystem and influence regional adoption trends. The post Binance obtains crypto license in Indonesia through local subsidiary appeared first on Crypto Briefing. дальше »

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Binance subsidiary Tokocrypto secures major license in Indonesia

Binance’s subsidiary in Indonesia, Tokocrypto, has acquired the key crypto asset trader license in the country. Tokocrypto obtained the license from the Commidity Futures Trading Regulatory Agency (Bappebti). дальше »

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Indian regulators to clear offshore crypto exchanges after strict AML review

India’s Financial Intelligence Unit (FIU-India) is reportedly set to approve two more offshore crypto exchanges to resume operations in the country by the end of the 2025 fiscal year, following a thorough review of their compliance with anti-money laundering (AML) laws. дальше »

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Russia’s largest bank to start offering customers CBDC in 2025

Sberbank, Russia’s largest lender, aims to begin offering digital ruble transactions to its customers in early 2025, according to a senior bank executive. Russia‘s banking giant Sberbank plans to start operations with the country’s central bank digital currency — also… дальше »

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Another country launches investigation against Telegram: What’s going on

An investigation has begun against Telegram in South Korea on similar charges brought against the messenger in France. Yonhap News Agency, citing the police, reported that the platform is accused of aiding and abetting sexual crimes. The head of the… дальше »

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Qatar introduces regulatory framework for digital assets

Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector. 

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