Regulatory Updates
U.S. first bitcoin futures ETF shows positive trend at the beginning of trading 20 October 2021
The first U.S. bitcoin futures-based exchange-traded fund started trading this week and showed positive results. The ProShares Bitcoin Strategy ETF...
US Regulator expected to allow the launch of Bitcoin futures ETFs 15 October 2021
The Securities and Exchange Commission (SEC) is expected to allow Bitcoin futures ETFs to begin trading on U.S. exchanges this month in a first for...
South Korea may postpone enforcement of crypto tax law 11 October 2021
A group of South Korean lawmakers has challenged a crypto tax law coming into effect in 2022. The proposed tax law would impose a 20% levy on...
Hong Kong explores the potential of a digital HKD 5 October 2021
Hong Kong’s Monetary Authority (HKMA) has released a whitepaper on retail central bank digital currencies (CBDCs) while it continues to explore the...
IMF published a policy paper on financial stability amid global crypto adoption 3 October 2021
The International Monetary Fund (IMF) released a document describing policies for emerging markets and developing economies to ensure financial...
New Zealand central bank publishes paper on digital currency 30 September 2021
The Reserve Bank of New Zealand (RBNZ) issues a paper explaining Regulator`s perspective on central bank digital currencies (CBDC). The paper...
Sparkpool suspends operations due to China’s crypto crackdown 27 September 2021
Sparkpool, the world’s second-largest Ethereum mining pool, is suspending operations following Chinese regulators’ latest crackdown on crypto....
Thai regulator issues licence to crypto real estate project 20 September 2021
The Securities Exchange and Commission of Thailand has issued a licence to an asset-backed token offering service based on the Ethereum blockchain....
Russian Regulator cooperates with banks to block suspicious crypto activity 15 September 2021
The Bank of Russia has started working with local banks on halting payments to cryptocurrency exchanges in order to protect customers from...
El Salvador will exempt foreign investors from taxes on Bitcoin profits 13 September 2021
Having become the first country to recognise Bitcoin as legal tender, El Salvador will reportedly exempt foreign investors from taxes on bitcoin...
El Salvador recognises BTC as legal tender 7 September 2021
El Salvador’s Bitcoin Law came into force on 7th September. The landmark law makes the Central American nation the first country to recognise...
Cuba to recognise and regulate cryptocurrency 28 August 2021
The Cuban government plans to recognise and regulate cryptocurrencies for payments. According to a resolution published in the Official Gazette,...