Sun, December 22

Dubai Establishes Independent Authority to Regulate and Overlook Crypto Sector

The 15th edition of Art Dubai will take place from March 11-13. Dubai even inaugurated the ultra-high-tech Museum of the Future last month. By establishing a regulating and licensing organization, Dubai’s ruler aims to become a worldwide player in digital assets. HH Sheikh Mohammed Tweeted in Arabic regarding the development

March 9, 2022 2 mins read

ASCI Issues Guidelines For Crypto Advertisement and Promotions in India

Virtual digital asset (VDA) enterprises must comply with 12 rules. The ASCI claims that aggressive advertising for these items has been going on. A disclaimer on the risks of investing in digital assets in India will be required beginning on April 1. New rules issued by the country’s advertising authority

February 26, 2022 1 min read

Chinese Regulators Warns About Scams Of Metaverse Projects

China is one major country where the trend of cryptocurrencies evolved at a rapid pace and the adoption was huge. Besides, China has more crypto users when compared to all over the world. After the elimination of crypto trading and mining in China, the government has come up with new

February 18, 2022 2 mins read

UAE Plans to Issue First Nationwide Crypto-focused Regulations

The Dubai World Trade Centre (DWTC) was proclaimed a comprehensive zone. Binance signed an exclusive memorandum of understanding with the DWTC. Government crypto licenses for virtual asset service providers are likely to be issued in the United Arab Emirates by the end of the first quarter. Reports from Bloomberg indicate

February 17, 2022 1 min read

India’s Finance Minister Announces Crypto Income Taxation at 30%

All digital asset transactions would be subject to a 1% TDS. The Reserve Bank of India will introduce a digital rupee this year. Sources have long maintained that cryptocurrencies would be deemed digital assets, which Finance Minister, Nirmala Sitharaman, appeared to affirm today. Even though the government has not yet

February 1, 2022 1 min read

White House Working on Executive Order on Cryptocurrencies

The Infrastructure Bill was passed into law last November. The White House intends to seize control of U.S. government policy on crypto. As early as February 2022, the Biden administration will issue an executive order on cryptocurrency. According to several government agencies, there have been several discussions among top administration

January 28, 2022 1 min read

Indian PM Narendra Modi Urged Global Action on Crypto

Modi said it is impossible for just one government to make judgments. Indian PM spoke at Switzerland’s World Economic Forum Davos conference. Narendra Modi, Indian Prime Minister,  urged global action on cryptocurrencies, drawing comparisons to inflation and climate change. The Indian Prime Minister spoke at the World Economic Forum Davos

January 18, 2022 2 mins read

Spain Sets Regulations on All Kinds of Crypto Advertisements

Firms will be required to notify the CNMV watchdog at least ten days in advance. The laws also apply to crypto-asset service providers. Spain took steps on Monday to restrict the excessive promotion of crypto assets, notably by social media influencers, tasked the stock market supervisor with licensing mass campaigns

January 17, 2022 1 min read

Crypto Sector Might Face Regulation Wind in the United Kingdom Soon!

Arsenal was recently called out for this practice by the ASA. The government has been reluctant to do anything about cryptocurrency. Digital investment trends like cryptocurrency and non-fungible tokens (NFTs) might face a regulatory crackdown in 2022 after mounting concerns that they could harm vulnerable young people. Football teams, players,

January 4, 2022 1 min read

Regulations Against Binance From Singapore and South African Authorities

Binance is the popular and a global cryptocurrency exchange with huge crypto users trading their assets. In today’s exchange market, Binance is one of the strongest competitors among all other crypto exchanges. Besides its popularity, the exchange is facing many challenges all around the world with strong regulations.  As another

September 4, 2021 2 mins read