Senators Cynthia Lummis and Kirsten Gillibrand will introduce a new bill today, aimed at clarifying cryptocurrency regulation in the United States. The revamped Lummis-Gillibrand Responsible Financial Innovation Act proposes to classify most cryptocurrencies as commodities. The...
El Salvador has announced a Bitcoin mining project with plans to scale it up to a capacity of 20,000 MW. Below are details of what one needs to know.
El Salvador is taking...
The agreement was reached within the framework of the LXII Meeting of Ministers of Economy and Presidents of Central Banks of Mercosur. The meeting took place in Puerto Iguazú, province of Misiones (Argentina). It seeks to...
Valkyrie has filed an application with the SEC to list a spot Bitcoin ETF, backed by Coinbase.
American asset manager Valkyrie has submitted a new application to list a Bitcoin ETF in the...
Along with the ban on staking and lending, cryptocurrency exchanges are expected to hold user funds in a Trust.
Crypto sector companies in Singapore face new regulations related to user funds. In this...
Meanwhile, Argentina manages a 15% tax on earnings with cryptocurrencies to encourage investment. Dominican Republic and Spain request taxes of 20% to 90% on profits with cryptocurrencies.
According to a study, Panama and...
The survey, which spanned the Americas, Asia, Europe and Africa and interviewed more than 15,000 people, found that most respondents are aware of cryptocurrencies, with many seeing a bright future for the industry.
The South Korean Parliament passes the virtual asset user protection bill to prevent crises like the collapse of Terra Luna. The new law requires digital asset companies to secure customer funds, and maintain a certain amount...
On June 28, King Charles III gave Royal Assent to a landmark bill to “regain control of the financial services rulebook”.
The Financial Services and Markets Bill 2023 was passed by the upper house...
President Biden recently said he will work to make the tax system fair: rules, taxes, and closing the "loopholes" for cryptocurrency traders.
President Biden made a promise regarding the crypto industry and the traders...
