The United States’ securities regulator, the Securities and Exchange Commission (SEC) has stated that it was postponing its decision on the outcome of the proposal that Grayscale Bitcoin Trust had submitted concerning its spot bitcoin Exchange Traded Fund (ETF)....
Jerome Powell, the United States Federal Reserve Chairman has the opinion that cryptocurrency won't affect the US economy negatively, nor would it lead to a financial instability scenario in the markets. Though he holds this opinion, Powell believes that...
A set of six United States Senators has requested that Janet Yellen, the Treasury Secretary, clarify the conditions linked to crypto taxation that are contained in the infrastructure bill that was signed into law by the President of the...
The Reserve Bank of Australia (RBA) recently published a report on the research on its wholesale Central Bank Digital Currencies (CBDC) project. The report stated the benefits that the project which is based on Distributed Ledger (DLT) technology will...
On December 7, 2021, the Eastern Caribbean Central Bank (ECCB) started the operation of its digital payments system in two additional regions, the British overseas territory of Montserrat and the Commonwealth of Dominica. In March 2021, the ECCB in...
The paramount bank and regulatory authority in Thailand, The Bank of Thailand, has banned commercial banks in the country from getting involved in crypto activities, especially trading crypto assets. Chayawadee Chai-Anant, the central bank chief executive, released an edict...
The director of the Russian Federal Tax Service (SNSF), Daniil Egorov, has announced during an interview with a Russian publication- RBC- that the agency is currently monitoring the crypto scene to stop tax evasion activities. In the interview, he...
An Australian Senator, Jane Hume, has affirmed that decentralized finance (DeFi) is here to stay and it “presents enormous opportunities” for those residing within the country. She added that it will act as “a forerunner in innovation and economic...
A member of the London Assembly and a previous co-leader of the Green Party of England and Wales, Sian Berry, has announced that it was paramount that crypto ads on buses and trains were stopped. She made this message...
Recently, an investigation began when allegations that a senior Chinese provincial official was illegally involved in crypto mining activities. The investigation was done by the Communist Party of China (CPC) Central Committee, and once he was found guilty, the...
