Browsing: Policy & Economy
A new crypto mining bill in Russia mandates that miners declare their earnings or face jail time and forced labor. Meanwhile, the country has subsidized a mining facility in Siberia.
While there’s nothing new in imposing anti-money laundering regulation on crypto, it is only now that the Indian government has decided to notify all interested parties of the obligation to comply with the national AML law.
Zambia is the latest African country to adopt a digital economy after announcing it is testing technology to enable cryptocurrency regulation.
The Bank of Japan will reportedly begin testing the use of a digital yen in April this year. The agency has previously said it could use Sweden as a model for launching a CBDC.
Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs to U.S. clients.
Japanese financial regulators have urged global regulators to treat cryptocurrencies like banking and called for tougher regulations for the industry.
The European Union’s landmark new legislation, the Markets in Crypto Assets Regulation (MiCA), has been postponed owing to technical issues,…
Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders.
On December 29, 2022, just days before the end of the year, the Italian Senate approved the 2023 budget, which included an increase in taxation for crypto investors. Italy now imposes a 26% tax on capital gains on crypto-asset trading over 2,000 euros (approximately $2,13 at time of publication).
Japan’s FSA could remove restrictions on domestic distribution of stablecoins created abroad. A report claims that the country could loosen…