Russian lawmakers devise plan to create a state-run crypto exchange
Russian lawmakers have come up with a plan that could lead to the creation of a Russian state-run crypto exchange. According to reports by Vedomosti,...
The Australian Securities and Investments Commission suspends FTX Australia’s licence
Crypto exchange FTX has lost its Australian licence a few days after it collapsed and filed for bankruptcy. The Australian Securities and Investments Commission (ASIC),...
Crypto could ‘crash’ the financial system, US lawmaker warns
Cryptocurrency‘s latest turmoil, coupled with what has happened in recent months, paints a picture of an ecosystem that could distabilise the global financial system, Senate...
Binance receives a licence to operate a cryptocurrency exchange in Cyprus
Binance received licence to operate in Cyprus, a few weeks after it gained similar approvals in Kazakstan and New Zealand. Binance, the world’s leading cryptocurrency,...
Sam Bankman-Fried warns policymakers from locking in decisions that could impact DeFi
Regulating the decentralised finance (DeFi) space and the broader crypto market remains tough for regulators, and Sam Bankman-Fried has now warned against locking in decisions...
Portugal working on new crypto tax legislation to levy 28% capital gains tax
An official report released by the Portuguese government shows that the country is working on a new cryptocurrency tax legislation scheduled for enacting in 2023....
Binance receives a licence to operate its cryptocurrency exchange in Kazakhstan
Binance received a licence to operate its crypto exchange in Kazakhstan a few days after signing a Memorandum of Understanding with the country’s financial regulator....
EU tightens sanctions against Russia with cross-border crypto ban
EU regulators have announced new cross-border crypto sanctions against Russia, banning crypto wallet accounts and custody services. The European Commission has announced a new wave...
Managing public finance via blockchain can reduce embezzlement of funds: Report
In a report released earlier today, the Official Monetary and Financial Institutions Forum (OMFIF) has put forward that using blockchain technology to develop a public...