MOROCCO’S FIRST CRYPTO BILL WILL REPORTEDLY BE PUBLISHED SOON |1300 HKT | 0600 UKT | 4 January 2022

by Александр Пирогов | Jan 4, 2023 | Blog News

Morocco’s first crypto bill has reportedly been finalized by the country’s Central Bank and is expected to be introduced in the following days. The bill seeks to protect individuals while not constraining innovation and it will include a legal definition of crypto...

US REGULATORS ISSUE JOINT STATEMENT, WARNING BANKS OF CRYPTO RISKS |1300 HKT | 0600 UKT | 4 January 2022

by Александр Пирогов | Jan 4, 2023 | Blog News

The US Federal Reserve, Federal Deposit Insurance Corp and the Office of the Comptroller of the Currency have issued a joint statement on 3 January, warning the banks of the risks associated with cryptocurrencies. The regulators identified risks such as volatility of...

ITALY’S SENATE APPROVES 2023 BUDGET THAT INCLUDES 26% CAPITAL GAIN TAX ON CRYPTO |1300 HKT | 0600 UKT | 3 January 2023

by Александр Пирогов | Jan 3, 2023 | Blog News

Italy’s Senate approved its 2023 budget on 29 December 2022. The bill, which defines crypto assets as a digital representation of value or rights that can be transferred and stored electronically by applying distributed ledger technology or similar technology, imposes...

SAM BANKMAN-FRIED WILL REPORTEDLY PLEAD NOT GUILTY TO FRAUD CHARGES |1300 HKT | 0600 UKT | 3 January 2023

by Александр Пирогов | Jan 3, 2023 | Blog News

According to the report from Reuters, FTX’s founder Sam Bankman-Fried will plead not guilty in the FTX fraud case, though he could choose to amend his plea afterwards. He is now facing two counts of wire fraud and six counts of conspiracy and will enter a plea on...

AUSTRALIA PASSES EL SALVADOR TO BECOME WORLD’S FOURTH-LARGEST CRYPTO ATM HUB |1300 HKT | 0600 UKT | 3 January 2023

by Александр Пирогов | Jan 3, 2023 | Blog News

Australia has reportedly had more crypto ATMs than El Salvador currently, making it the fourth-largest crypto ATM hub that accounts for 0.6% of the world’s total crypto ATMs. Australia has 219 active crypto ATMs as of 1 January 2023 and 99 of them were installed in...

CRYPTO EXCHANGE KRAKEN WILL CEASE TO OPERATE IN JAPAN NEXT MONTH |1300 HKT | 0600 UKT | 30 December 2022

by Александр Пирогов | Dec 30, 2022 | Blog News

The US-based crypto exchange Kraken announced on 28 December that it will cease operating in Japan next month due to the current market condition in the country and a weak crypto market globally. The exchange said the move was part of its efforts to prioritize...