California Assembly approved a measure to regulate crypto services. Sherman can’t make up his mind on the best strategy to safeguard crypto investors. In the USA, certain states like California have tightened their rules on cryptocurrencies. For instance, only last week it was announced that the California Assembly had approved
The risk warning, according to the Thailand SEC, must be both clear and prominent. The Thailand SEC said that promotion must be conducted via authorized means only. The Thailand SEC has lately reexamined advertising regulations and imposed certain new guidelines, including a mandate for companies to inform consumers of investing
SEC Chair Gary Gensler clarified his stance on cryptocurrency markets. The SEC actions appeared following the failure of the Terra (LUNA) stablecoin. Gary Gensler, former investment banker, and 33rd chair of the US Securities and Exchange Commission (SEC) made the statement about how cryptocurrency assets need to be managed. The
Relationship between the Asian equity market and cryptos has increased, as per IMF. IMF suggests regulatory frameworks to protect the investors. According to a recent blog post from the International Monetary Fund (IMF), the interconnection between the Asian equity market and cryptocurrencies has nearly tenfold increased since the Covid-19 pandemic.
Top regulated exchanges that investors and traders prefer. Coinbase and Kraken are the leading exchanges in terms of security and regulations. Gemini is one top exchange that gives importance to compliance and security. Since the launch of cryptocurrencies which is more than a decade old, the crypto space has exploded
Each country focuses on crypto regulations, some have strengthened the rules but revising and making minor changes is constant. Similarly, the authorities of Iran have amended regulations for the crypto miners which now gives easy-access to renewable sources. This allows licensed miners to purchase electricity generated from renewable energy at
Update comes after a series of high-profile crypto lending firm closures. FSB plans to provide reports in October this year. To ensure “robust regulation and supervision” of cryptocurrencies, the Financial Stability Board (FSB) announced today. According to the G20 Treasury and Central Bank leaders’ group, they plan to provide a
Regarding DFAs, platforms are exempt from VAT, exactly like securities. Foreign-based corporations will be charged a higher 15 percent tax. In Russia’s State Duma, the lower house of the Russian parliament passed a measure allowing Moscow to tax digital financial assets (DFAs) activities by altering the country’s tax code. The
The Advertising Standards Council of India (ASCI) has received nearly 500 complaints about violating the regulations according to the proposed standards. The number of complaints accounts for 453 out of which 419 were confirmed violating. The recent advertisers and influencers have produced contact majorly on crypto or digital assets. But
Hoskinson outlined the regulatory framework he envisioned for the sector. According to Hoskinson, no other financial asset is as open and accessible as crypto. Cardano’s Charles Hoskinson has made it to the U.S. Congress through crypto. The crypto-verse was abuzz recently with news that Cardano developer Charles Hoskinson has been
