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Crypto Regulation news

Crypto Regulation: China is focusing on the development of Web3 and NFT
Chinese authorities actively support the development of non-interchangeable tokens and decentralized applications (dApps) despite the ban on national digital assets..
Crypto Regulation: Revolut will restrict UK companies from purchasing crypto assets from 2024
Revolut has announced the temporary suspension of cryptocurrency trading services for its business customers in the UK. The decision is due to pending regulatory changes, City A.M..
Crypto Regulation: Tether will work with the FBI to monitor compliance with sanctions
Tether, the creator of the popular USDT stablecoin, has taken a proactive approach to addressing concerns about illegal use of its cryptocurrency. The company recently sent letters to US..
Crypto Regulation: The Central Bank of Kazakhstan announced the successful progress of the digital tenge pilot project
After a month-long pilot project, the digital currency of the National Bank of Kazakhstan, known as the digital tenge or CBDC, has been deemed successful. The project has paved the way..
Crypto Regulation: Russians were banned from managing crypto companies
The European Union has recently approved its twelfth package of economic and individual restrictive measures against Russia. These measures specifically target the rights of Russians to own..
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Crypto Regulation: Updated FTX Exchange Restart Plan Presented
Debtors of the bankrupt cryptocurrency exchange FTX, together with Sullivan & Cromwell lawyers, have made amendments to the exchange's reorganization plan under Chapter 11.
Crypto Regulation: SEC rejects Coinbase's petition to impose regulations
The U.S. Securities and Exchange Commission (SEC) has responded to Coinbase's petition by stating that the request for the development of rules is "unjustified." However, it is important..
Crypto Regulation: Ripple Labs: 130 countries around the world are developing CBDC projects
On December 14th, Ripple Labs released a comprehensive document titled "CBDC: The Digital Evolution of Money," which delves into the intricacies of Central Bank Digital Currencies (CBDCs)..
Crypto Regulation: Brazil passed a law on the taxation of crypto assets on foreign exchanges
In Brazil, citizens are now required to pay a tax of up to 15% on profits obtained from cryptocurrency transactions. This new regulation came into effect on January 1st, 2024.
Crypto Regulation: New FASB cryptocurrency rules will impact crypto companies by 2025
According to Bloomberg, the Financial Accounting Standards Board (FASB) has released innovative accounting rules for cryptocurrency companies, requiring them to register assets in Bitcoin..