14 / 82 Relevant items tagged with #Policy

Posts

Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs

[Jul 25 6:00 AM] Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.

Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains

[Jul 25 3:48 AM] Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.

India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto

[Jul 25 3:42 AM] India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation's junior Home Minister Nityanand Rai said to parliament on Wednesday.

India to Release Its Crypto Policy Stance by September After Stakeholder Consultations: Report

[Jul 25 1:29 AM] India plans to put out a discussion paper outlining its policy stance on cryptocurrencies before September, according to Indian news outlet Moneycontrol citing an interview with Senior Finance Ministry Official Ajay Seth.

Hex Trust Receives In-Principle Approval from Singapore's MAS For Major Payment Institution License

[Jul 23 7:00 PM] The Major Payment Institution license would allow for the company to offer regulated Digital Payment Token services, such as custody.

Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages

[Jul 23 2:57 PM] Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications –…

2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy

[Jul 23 10:20 AM] Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme.

Crypto Exchange Gate.io Exits Japan

[Jul 23 4:53 AM] Crypto exchange Gate.io has terminated its services in Japan, it announced on Monday, suggesting a lack of compliance in the nation.

India Keeps Controversial Crypto Tax Rules Unchanged, Finance Minister's Budget Speech

[Jul 23 1:08 AM] The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%

BlockFi Administrator Submits Plan in Court to Make Customers Whole

[Jul 22 11:56 PM] "This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc.

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

[Jul 22 3:52 PM] The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to…

India Unlikely to See Crypto Tax Reduction in Tuesday's Budget

[Jul 22 3:41 AM] India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted.

President Biden Announces Decision to Not Seek Reelection (Copy of Letter)

[Jul 21 12:39 PM]

With Biden Out, Polymarket Favors Harris for Democratic Presidential Nominee

[Jul 21 12:20 PM]

WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit

[Jul 19 7:03 AM] Indian crypto exchange WazirX has filed a police complaint, it said on X, and it has also reported the incident to the Indian Computer Emergency Response Team (CERT-In).

Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications

[Jul 18 8:22 AM] One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”

Standard Chartered, Animoca, and Three Others Join HKMA's Stablecoin Sandbox as Participants

[Jul 18 6:11 AM] In March, the HKMA started a regulatory sandbox to give potential stablecoin issuers immunity in testing certain operations.

Visa's Data Partner Allium Labs Raises $16.5M as Their New Findings Show Stablecoin Activity is Back Up

[Jul 18 6:00 AM] Payment giant Visa's blockchain data partner AlliumLabs has raised $16.5 million in a Series A funding round led by venture capital firm Theory Ventures. Visa and Allium Labs also released their latest findings on stablecoin activity which showed…

BlockFi to Start Interim Crypto Distributions Through Coinbase This Month

[Jul 18 5:45 AM] Bankrupt crypto lender BlockFi will commence first interim crypto distributions through Coinbase in July 2024, it announced on Thursday.

Biden Dropout Chances Rise to 68% After Covid Diagnosis

[Jul 18 2:25 AM] President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

Vitalik Buterin, as Other Crypto Leaders Line Up Behind Trump, Argues Against Picking Candidates Just Because They Like Crypto

[Jul 17 12:43 PM]

Blockchain Friendly Roberta Metsola Reelected as EU Parliament President

[Jul 17 9:42 AM] In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.

Democrats Have Made a 'Horrific Mistake' on Crypto, Says SkyBridge Capital’s Anthony Scaramucci

[Jul 17 8:21 AM] The former White House Communications Director under President Trump spoke in an exclusive interview with CoinDesk’s Jennifer Senasi.

Hong Kong to Prepare Stablecoin Legislation as Public Consultation Ends

[Jul 17 6:25 AM] Hong Kong's financial regulators published the conclusions of consultation on fiat-referenced stablecoin regulation and said they are preparing a bill to introduce into the Legislative Council later this year.

U.S. Senator Who Called Bitcoin 'Ideal Choice for Criminals' Is Convicted of Bribery

[Jul 17 1:39 AM] U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto critic, was found guilty of accepting bribes, including gold bars and a luxury car, in exchange for his political clout by a jury on Tuesday.

Steve Bannon Linked Chinese Businessman Found Guilty in Fraud Scheme

[Jul 16 11:49 PM] Guo was found guilty on nine of the 12 charges, including racketeering, fraud, and money laundering

Trump Says He’ll Release Fourth NFT Collection: 'The People Want Me to Do Another One'

[Jul 16 5:36 PM] Trump’s presidential campaign has raised about $3 million in crypto, mostly bitcoin and ether.

After Court Order, Craig Wright Updates Website With Admission He Is Not Bitcoin Creator Satoshi

[Jul 16 2:47 PM] A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied “extensively and repeatedly” and forged documents in his attempt to convince the world otherwise.

Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit

[Jul 16 12:57 PM] European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging…

Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates

[Jul 16 11:52 AM] Detained American Binance executive Tigran Gambaryan had to be pushed into an Abuja, Nigeria courtroom today in a wheelchair, after a herniated disc in his back left him in severe pain and “hardly able to walk,” according to a Monday report from…