Crypto Regulation

UK lawmakers classify cryptocurrencies as property

Britain's crypto industry got a boost after the lawmakers in the country classified them as property. The US lawmakers still have not classified cryptocurrencies as property or security. According to UK lawmakers, digital assets have all the signs of...

US authorities expect crypto service providers to comply with Travel Rule.

The US authorities will strictly enforce regulations on cryptocurrencies. The US Financial Crimes Enforcement Network (Fincen) will require crypto exchanges and wallet service providers to share information about their customers under the "travel rule." Earlier, the international authority Financial...

HK protest app’s admin calls China’s digital yuan a tool for mass surveillance.

Anti-government protests in Hong Kong are only escalating, and it's getting tough for protestors to organize protests peacefully. Recently an app on IOS was launched by the name HKmap.live to track down the location of police and anti-government protesters....

Andrew Yang explains how he plans to regulate cryptocurrencies.

Andrew Yang's campaign has gained quite a momentum in the last few months. Yang has promised to issue Universal Basic Income (UBI) of $1000 to every 18 years above US citizens every month. He calls in freedom dividend. He...

IRS issues tax refunds to cryptocurrency holders who paid taxes on time.

Earlier this year, the IRS had sent letters to 10,000 cryptocurrency holders. The Co-founder of Cointracker, Chandan Lodha, said that the refunds could signal that the tax agency is eager to demonstrate that those who pay taxes on their...

The US Federal Reserve endorses stablecoins

The US Federal Reserve, in its latest report on financial stability, said that stablecoins could provide a new medium of exchange. The dollar-pegged cryptocurrencies could be a complement to existing payment systems. The Reserve did not reveal the names...

Indian regulators postpone introducing the “anti-cryptocurrency” bill.

The Indian government earlier revealed that it is drafting a bill that would ban the use of all cryptocurrencies in the country. But the bill is not included in the agenda published by the Lok Sabha, the lower house...

Iranian government increases power tariffs for cryptocurrency miners

According to local news agency IRIB News, the Iranian regulators have tightened the regulations on the cryptocurrency miners in the country. In addition to power tariffs, regulators have announced a bounty for exposing illegal mining operations in the country....

Telegram asks court to dismiss the lawsuit filed by the SEC

Encrypted messaging giant has asked the court to drop the lawsuit filed by the US SEC on its cryptocurrency Gram. In a recent filing to the Southern District of New York on Tuesday, Telegram refuted all allegations made by...

New Ukrainian law requires citizens to disclose how much cryptocurrency they own

The new amendment to Ukraine's Corruption Prevention Law would require citizens to disclose how much cryptocurrency they own. The law also requires to report the amount of cryptocurrency owned by one's close relatives. Corruption Prevention Law was introduced in...

Latest News

ASIC mining manufacturer Canaan plans to begin its first mining operation in Kazakhstan.

The NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding...