Circle Achieves Compliance with EU Crypto Regulations, Paving the Way for Global Stablecoin Expansion

by Theresa Joy Lacatan | Jul 3, 2024 | Blog News, Crypto News

On Tuesday, 2 July, 2024, Circle, the issuer of USD Coin (USDC) and Euro Coin (EURC) stablecoins, announced a groundbreaking achievement in the European crypto sector. Circle has become the first global stablecoin issuer to comply with the European Union’s...

Bolivia Central Bank Updates Regulations to Include Virtual Asset Transactions

by Theresa Joy Lacatan | Jul 3, 2024 | Blog News, Crypto News

On 26 June, 2024, the Central Bank of Bolivia, Banco Central de Bolivia (BCB) issued Press Release CP35/2024, with significant updates to regulations surrounding Virtual Assets. Through Board Resolution No. 082/2024, the BCB revoked the earlier Board Resolution No....

Denmark Considers Regulating Self-Custody Bitcoin Wallets and DeFi Interfaces, Sparking Industry Debate

by Theresa Joy Lacatan | Jul 1, 2024 | Blog News, Crypto News

Denmark is taking a significant step in the cryptocurrency world by considering regulations for self-custody Bitcoin wallets and decentralized finance (DeFi) interfaces. The Danish Financial Supervisory Authority’s (DFSA) new guidance aims to bring comprehensive...

ATO Tightens Crypto Tax Compliance with Enhanced Data Collection Program

by Theresa Joy Lacatan | Jul 1, 2024 | Blog News, Crypto News

The Australian Tax Office (ATO) is closely tracking crypto gains as the financial year ends on June 30, 2024. This year, the ATO has significantly ramped up its efforts in crypto tax compliance by launching an improved data matching program to ensure accurate...

Ripple President Monica Long Discusses Ripple’s Future and XRP ETF Prospects Amid Legal Battles

by Theresa Joy Lacatan | Jun 27, 2024 | Blog News, Crypto News

Monica Long, president of Ripple on 25 June, 2024, illuminated the company’s advancements and future opportunities in light of a favorable court decision that ruled XRP is not a security. This verdict, which goes against the U.S. Securities and Exchange...

Singapore MP Tin Pei Ling Joins MetaComp as Co-President, Eyes Sustainable Finance Growth

by Theresa Joy Lacatan | Jun 27, 2024 | Blog News, Crypto News

Tin Pei Ling, the Singapore Member of Parliament for MacPherson, has taken on a new role as co-president of MetaComp, a digital payment token service provider based in Singapore. Tin announced her move on LinkedIn, expressing her enthusiasm for driving strategic...