Regulatory Updates
EU Parliament Approves a Non-Binding Resolution on Crypto Tax Policy
The Parliament of the European Union voted in favour of a non-binding resolution aimed at using blockchain for tax regulation purposes. The...
Australia Starts Pilot Project to Explore CBDC USE
The Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) are working together on a research project to explore use...
Australian Senator Proposes Bill to Regulate Stablecoins and Digital Yuan
Australian Senator Andrew Bragg has reportedly issued a new draft bill to regulate digital asset exchanges, stablecoins, and e-Yuan (China’s central...
Dubai Regulator Grants Approval to Blockchain.com
Blockchain wallet and cryptocurrency exchange platform, Blockchain.com, has reportedly received regulatory approval from Dubai’s Virtual Assets...
Thai Regulator to Apply Strict Guidelines for Crypto ADS
Thailand’s Securities and Exchange Commission (SEC) informed cryptocurrency-related businesses operating in the country that stricter regulation of...
Singapore Considering Restrictions on Retail Crypto Trading
Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), has said that Singapore is considering the adoption of new regulations...
Australia Set to Explore Broader Crypto Regulation
The new Australian government plans to improve the way Australian regulation deals with crypto assets to keep pace with developments and provide...
UK Regulator Grants Crypto Asset Activities Licence to Crypto.COM
Digital asset exchange Crypto.com has reportedly received the UK Financial Conduct Authority’s (FCA) approval to conduct crypto asset activities in...
US Lawmakers Assess Diversity and Inclusion of Crypto Firms
A group of members of the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms...
Singapore to Consult Public on Stablecoin Regulation
The Monetary Authority of Singapore (MAS) is actively researching the optimal regulatory framework for stablecoins in the country. According to...
Argentina Bars Bitcoin Traders From Buying us Dollars
Argentina’s Central Bank has said that those who have bought Bitcoin or any other digital asset in the past 90 days with pesos are prohibited from...
Paraguay Plans to Adopt Comprehensive Crypto Regulation
The Parliament of Paraguay has passed a bill establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the...