regulation Archives

Kazakhstan parliament to introduce block reward mining regulations

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13 December, 2022

Kazakhstan parliament to introduce block reward mining regulations

The bill has been touted to offer several changes to the mining industry that has operated without any concrete legal...

Hong Kong’s new bill introduces first-ever VASP licensing regime

Business

Steve Kaaru

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13 December, 2022

Hong Kong’s new bill introduces first-ever VASP licensing regime

Hong Kong’s lawmakers passed an amendment to the city’s AML laws that takes effect on July 1, bringing VASPs under...

Russia’s central bank to prohibit miners from selling digital assets to Russians

Tech

Wahid Pessarlay

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13 December, 2022

Russia’s central bank to prohibit miners from selling digital assets to Russians

The Bank of Russia adopted a negative stance towards the sale of virtual currencies to Russian citizens under the draft...

Celsius Network ordered to return $44 million to customers

Business

Steve Kaaru

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12 December, 2022

Celsius Network ordered to return $44 million to customers

The $44 million was held in its custodial accounts, which, according to its Terms and Conditions, wasn’t under its ownership...

‘Crypto’ is an obstacle to blockchain and DLT

Editorial

Guest Contributor

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12 December, 2022

‘Crypto’ is an obstacle to blockchain and DLT

The 'crypto' industry got in the wrong direction long ago and has gone too far by turning the original Bitcoin...

South Korea central bank pushes for stablecoin regulation

Business

Wahid Pessarlay

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11 December, 2022

South Korea central bank pushes for stablecoin regulation

Bank of Korea stated that stablecoins pegged to foreign currencies have to comply with the foreign exchange laws of South...

Kentucky probes electricity discounts to block reward miners

Tech

Steve Kaaru

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10 December, 2022

Kentucky probes electricity discounts to block reward miners

A local environmental group criticized the discounts and urged the state to reconsider, saying Kentuckians will be left stuck with...

FTC is probing digital asset firms over misleading ads: report

Business

Steve Kaaru

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9 December, 2022

FTC is probing digital asset firms over misleading ads: report

FTC revealed to Bloomberg it’s going after several companies over their ads, but withheld their names, months after Kim Kardashian...

Fed’s policy has never been this tougher in the entire history of digital currencies

Editorial

Raja Zuberi

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9 December, 2022

Fed’s policy has never been this tougher in the entire history of digital currencies

The U.S. Federal Reserve’s monetary policy has taken a toll on the digital asset industry, as observed in the sharp...

Digital assets may get legal status in Ukraine via new regulatory framework

Business

Wahid Pessarlay

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8 December, 2022

Digital assets may get legal status in Ukraine via new regulatory framework

Taxation of digital assets was a key area of discussion among attendees, with the consensus being an amendment of the...

Nexo exiting US due to inability to run wild without supervision

Business

Steven Stradbrooke

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7 December, 2022

Nexo exiting US due to inability to run wild without supervision

Eight U.S. states had joined the existing number of states ineligible to partake of Nexo’s Earn Interest Product.

Thai venture capital fund buys Zipmex for $100 million

Business

Wahid Pessarlay

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7 December, 2022

Thai venture capital fund buys Zipmex for $100 million

The deal will see V Ventures own 90% of the embattled Zipmex exchange as part of attempts to raise liquidity.

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