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US Treasury Wants Global Regulation On Cryptocurrency While Progressing Development On Its CBDC
The US Treasury has released the framework to regulate cryptocurrency and has called on its global allies to do the same. This…
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Morocco’s Central Bank To Introduce Cryptocurrency Regulation Bill
Bank Al-Maghrib (BAM), Morocco’s central bank, is working on a regulatory framework for the use of cryptocurrencies. BAM Governor, Abdellatif Jouahri stated that…
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South Korean Authorities Ban Terra Designers From Leaving The Country
Following the collapse of TerraUSD and Terra LUNA, South Korean authorities have banned the project’s main designers from leaving the country. Local…
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President Of European Central Bank Believes Crypto Is ‘Worth Nothing’
Christine Lagarde, the president of the European Central Bank (ECB) has made her stance on cryptocurrency clear. Lagarde was interviewed on College…
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Ukraine Temporarily Bans Crypto Purchases With Local Currency
The National Bank of Ukraine (NBU) is invoking martial law by banning the purchase of cryptocurrency in Ukrainian Hryvnia (UAH). Ukrainians can…
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Coinbase’s Class-Action Lawsuit Against Their One-Sided Policies
Coinbase, an exchange based in the US is being targeted in a class-action lawsuit due to their arbitration policies being ‘unenforceable’. A…
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Former Ethereum Developer Virgil Griffith Sentenced To 63 Months In Prison Over North Korea Conspiracy
Virgil Griffith, a programmer who worked extensively on the Ethereum blockchain development has been sentenced to 63 months in prison along with…
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Chinese Regulators Want To Curb The Wave Of NFTs
The Self-Regulatory organizations overseeing the banking and security industry within China are urging members to halt the adoption of NFTs. According to…
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‘Stablecoin Transparency Act’ Could Require Stablecoins To Be Backed By Dollars
Transparent backing of stablecoins may be the new standard. U.S. Lawmakers Rep. Trey Hollingsworth (R-IN) in the House and Sen. Bill Hagerty…
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Indian Parliament Passes A 30% Crypto Tax Law
According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions. …