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Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship
The country’s 2023 budget is riddled with an 11 trillion naira budget deficit and 6 trillion naira debt service cost, so it is looking for new avenues to fund its budget, observers say. Nigeria has placed a 10% tax on digital asset profits in the latest Nations Finance Act 2022 amendment. The tax will include […] дальше »
2023-6-13 22:26 | |
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Andreessen Horowitz applauds UK’s progressive approach to crypto regulation as a16z to open UK office
Andreessen Horowitz (a16z) General Partner Chris Dixon praised the U. K. ’s regulatory approach to crypto and announced expansion plans in the country, including opening a London office, marking its first international station outside the U. дальше »
2023-6-12 13:10 | |
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Binance Hit With Suspension Notice In Nigeria By Market Regulator
In a significant move, Nigeria’s market regulator has issued a directive to suspend the operations of Binance, the largest cryptocurrency exchange globally, within the country. The regulator stated that the exchange’s local unit, which had been attracting Nigerian investors through its website, was operating illegally. дальше »
2023-6-12 17:41 | |
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Binance Nigeria Declared Illegal Despite Country’s Blockchain Technology Push
On June 9, the Nigerian SEC declared that Binance was operating illegally in the country as it was neither registered nor regulated by the Commission. The post Binance Nigeria Declared Illegal Despite Country’s Blockchain Technology Push appeared first on BeInCrypto. дальше »
2023-6-10 13:41 | |
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Crypto.com’s CRO Firm Despite SEC Lawsuit Fears, Time To Watch The Token?
CRO, the native token of the Cronos blockchain, an open-source, interoperable, and Cosmos-based platform, a centralized crypto asset exchange, is steady despite some community members fearing that the United States Securities and Exchange Commission (SEC), the primary securities regulator in that country, could soon target Crypto. дальше »
2023-6-9 01:00 | |
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What Are the Best Ways to Buy Crypto in 2023
Buying crypto is a much easier process than it was a few years ago; back in the day, people had to go as far as mailing physical money across the country (or world) to score some BTC. Today, buying crypto is as simple as signing up for an exchange, going through the basic KYC (Know […] The post What Are the Best Ways to Buy Crypto in 2023 appeared first on CoinCentral. дальше »
2023-6-15 00:38 | |
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Circle receives digital token license in Singapore
Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated… дальше »
2023-6-7 15:16 | |
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El Salvador’s Bitcoin Bill Is Now Two Years Old, How Has The Country Fared Since Then?
On June 5, 2021, El Salvador made waves across the financial space when its bill to make Bitcoin a legal tender in the country was first made public. Since then, the North American country has gone on to completely implement BTC as a legal tender in the country, as well as invest a significant amount […] дальше »
2023-6-7 02:00 | |
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Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment
Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s regulatory posture towards the industry, according to a June 6 press statement shared with CryptoSlate. дальше »
2023-6-6 18:40 | |
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Reserve Bank of Australia: Stablecoins can play an important role in the financial system
Stable digital coins can play an important role in the Australian economy and financial system. This is stated in the new report of the Reserve Bank of the country (RBA). “The activity of stablecoins in Australia has been relatively limited to date, although stablecoins may play a more prominent role in the financial system in […] Сообщение Reserve Bank of Australia: Stablecoins can play an important role in the financial system появились сначала на Coinstelegram. дальше »
2023-6-7 18:40 | |
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The Adoption of Cryptocurrencies in Arab Nations: Examining Saudi Arabia’s Recent Move
As governments look for alternatives to established financial institutions in an interconnected world, the rise and use of cryptocurrencies have accelerated. According to recent reports, Saudi Arabia, a significant Arab country, is seeking to join the BRICS New Development Bank (NDB). дальше »
2023-6-6 10:37 | |
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Russia Drops State-Backed Crypto Exchange Plans, Rolls Out New Regulatory Model For Industry
Russia has long been criticized for its mixed signals towards digital assets. However, this could change soon as the news of backing private exchanges marks a new dawn for the country’s relationship with cryptocurrencies. дальше »
2023-6-3 22:09 | |
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Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country. дальше »
2023-6-3 19:31 | |
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Brazilian crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, MB Pay will enable certain digital banking services to the crypto exchange’s users in the country.
дальше »2023-6-5 19:31 | |
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Russian Bank Rosbank Pilots Cross-Border Cryptocurrency Transactions with Corporate and Private Clients
The Russian bank Rosbank has become the first biggest bank in the country to launch cross-border cryptocurrency payments, with the help of an intermediary fintech to carry out the transactions. дальше »2023-6-3 00:32 | |
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China publishes national blockchain standard
China’s Ministry of Industry and Information Technology (MIIT) has published a national standard for blockchain technology to guide the development of the industry in the country, a state-run news channel CGTN reported on June 2. дальше »
2023-6-2 17:30 | |
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Crypto.com secures Major Payment Institution license in Singapore
Crypto. com said June 1 that it has secured a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS), the country’s chief financial regulatory body. дальше »
2023-6-2 21:14 | |
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India's central bank proposes AI, blockchain adoption for banking sector
The Deputy Governor of RBI suggested the country's banks employ AI and blockchain technologies. The move comes against the backdrop of the Indian government's ambiguous attitude towards cryptocThe post India's central bank proposes AI, blockchain adoption for banking sector appeared first on AMBCrypto. дальше »
2023-5-31 16:30 | |
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First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards. дальше »
2023-5-29 04:06 | |
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China might be opening up to cryptos
In a surprising turn of events, recent signs suggest that China, a country known for its stringent stance on cryptocurrencies, may be considering a reversal of its notorious crypto ban. дальше »
2023-5-26 19:14 | |
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Binance and Gulf Innova Lands Approval to Operate JV in Thailand
Coinspeaker Binance and Gulf Innova Lands Approval to Operate JV in Thailand The launch of the crypto exchange in Thailand comes at an opportune time, as the country continues to embrace digital innovation and blockchain technology. дальше »
2023-5-26 19:01 | |
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Huobi Ordered To Suspend Operations In Malaysia In Latest Crypto Hit
On Monday, the Malaysian Securities Commission (SC) ordered Seychelles-headquartered cryptocurrency exchange Huobi Global to cease activities in the country. The regulator said Huobi was operating a digital asset exchange in Malaysia without the appropriate registration. дальше »
2023-5-25 21:18 | |
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This is why Norway's central bank is endorsing independent regulations
Norway's central bank asked the country's regulators to see if the country needs to enforce its own regulations on crypto. Independent regulations would oversee the country's crypto industry whThe post This is why Norway's central bank is endorsing independent regulations appeared first on AMBCrypto. дальше »
2023-5-25 19:15 | |
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Time For a China Fueled Crypto Rocket? Pay Attention To ‘Chinese Coins’ (FIL, CFX, ACH…)
China’s influence on the cryptocurrency market continues to make headlines as recent developments shed light on the country’s evolving stance. Previously a dominant player in Bitcoin trading and mining, China banned non-government-approved cryptocurrencies in September 2021. дальше »
2023-5-24 20:06 | |
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Nigeria CBDC experiment stumbles amid public resistance: Report
According to a report on ZeroHedge, the Central Bank of Nigeria’s (CBN), efforts to move the country towards replacing physical currency with eNaira faced significant resistance, leading to protests nationwide. дальше »
2023-5-23 17:26 | |
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Ark Invest: US Crypto Influence in Balance amidst Regulatory Uncertainty
Coinspeaker Ark Invest: US Crypto Influence in Balance amidst Regulatory Uncertainty The country recorded the lowest cryptocurrency trading volumes in over 12 months last week. Some analysts have linked this situation to the pullback in trading from Jump and Jane Street. дальше »
2023-5-23 12:25 | |
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Philippines’ SEC warns Gemini over unregistered derivatives exchange
The Philippines’ Securities and Exchange Commission (SEC) has warned residents against investing in Gemini’s recently launched derivatives products, as the exchange does not have the necessary license or authority to operate the business in the country. The Philippines financial watchdog,… дальше »
2023-5-23 12:06 | |
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Philippines SEC says Gemini’s derivatives exchange is operating without approval
The Philippines Securities and Exchange Commission issued a warning to investors that Gemini is operating its newly launched derivatives exchange without regulatory authorization in the country, Bloomberg News reported on May 22. дальше »
2023-5-23 22:28 | |
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Securities Commission Malaysia (SC) orders Huobi Global to stop operations
The securities commission said Huobi was operating in the country without registration. The exchange was ordered to disable its website and mobile apps. Huobi was also ordered to cease circulating, publishing or sending advertisements to Malaysian investors. дальше »
2023-5-23 15:18 | |
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Huobi ceases operations in Malaysia, all you need to know
Malaysia's top securities regulator has ordered Huobi Global to cease all operations. Huobi was allegedly illegally operating a digital asset exchange in the country. Huobi Global is facinThe post Huobi ceases operations in Malaysia, all you need to know appeared first on AMBCrypto. дальше »
2023-5-22 15:00 | |
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Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled. дальше »
2023-5-22 11:31 | |
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Huobi ordered to cease operations by Malaysian regulators
Crypto exchange Huobi was ordered to stop operating in Malaysia by the Securities Commission (SC) of the Asian country. The regulator issued a public reprimand to Huobi CEO Leon Li. In a May 22 press statement, Malaysia’s SC said Huobi operated in the country illegally because it failed to register as a digital asset exchange […] The post Huobi ordered to cease operations by Malaysian regulators appeared first on CryptoSlate. дальше »
2023-5-22 10:48 | |
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Biden says he won’t agree to debt deal that protects crypto traders
US President Joe Biden has called on the Republican lawmakers to drop the extreme position they currently hold in order to help the country reach a deal in the ongoing debt ceiling talks. He also had something to say about cryptocurrency. дальше »
2023-5-23 17:28 | |
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Cryptocurrency in Pakistan - To ban or not to ban is not just an FATF question
Many in Pakistan were furious and indignant following the government's recent decision to outlaw cryptocurrencies in the country. "I'm taking a stand against the government's decision to ban cryptocurThe post Cryptocurrency in Pakistan - To ban or not to ban is not just an FATF question appeared first on AMBCrypto. дальше »
2023-5-19 17:30 | |
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