New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions Continue Reading
European Union Competition Commissioner Margrethe Vestager in a press release talked about how Facebook Inc’s Libra digital currency will be in focus of the antitrust and financial regulators in future. Continue Reading
China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called Continue Reading
A trip to Switzerland by US lawmakers led by Maxine Waters, chair of the House Financial Services Committee, to probe Facebook’s Libra initiative has apparently done little to allay concerns. Continue Reading
Swiss financial authority FINMA offered guidance this week on anti-money laundering (AML) requirements for blockchain-based companies even as it granted broker-dealer licenses to two new blockchain companies. FINMA considers AML Continue Reading
The courtroom battle between India’s bitcoin exchanges and the central bank appears to go in favor of the former. In a hearing today, the Supreme Court judge asked the Reserve Continue Reading
While government organizations are yet to choose sides for drafting crypto-related regulations, crypto-exchanges (that predominantly serve as the front door to crypto-adoption) must keep up with changing requirements, or risk Continue Reading
The national tax authority of New Zealand, the Inland Revenue Department (IRD), has recently published binding rulings and guidance for salaries and bonuses paid in crypto, made under s 91D of Continue Reading
The ATO (Australian Tax Office) has sent cautioning letters to investors who have invested most of their retirement investment funds in cryptocurrencies. As per a local news agency, the Australian Continue Reading
China announced that its state-backed, central bank issued digital currency (CBDC) won’t be decentralized and will only partially use a distributed ledger, causing doubts over whether it can be classed Continue Reading
