by Александр Пирогов | Aug 28, 2023 | Blog News
Brazilian lawmakers are set to vote on a bill to increase taxes on overseas-held cryptocurrencies on 28 August. The proposed legislation, which has already gained approval from a congressional committee, designates crypto as “financial assets” for tax purposes in...
by Александр Пирогов | Aug 28, 2023 | Blog News
Following an extensive testing period with banks, Russia will commence a pilot program of its digital rouble on 15 August. The initiative is part of the country’s strategy to enhance its financial system and offer an alternative to cryptocurrencies like Bitcoin....
by Александр Пирогов | Aug 28, 2023 | Blog News
Crypto trading platform Bittrex and its former CEO, William Shihara, have reportedly settled with the US Securities and Exchange Commission (SEC) for $24 million over allegations of operating an unregistered exchange. The sum includes disgorgement, prejudgment...
by Александр Пирогов | Aug 28, 2023 | Blog News
The world’s largest cryptocurrency exchange Binance has reportedly received regulatory approval from El Salvador’s Central Reserve Bank and the National Commission of Digital Assets. The licences will allow Binance to introduce tailor-made crypto-related products and...
by Александр Пирогов | Aug 28, 2023 | Blog News
US payments giant PayPal announced on 7 August the launch of a dollar-backed stablecoin named “PayPal USD”. This launch comes despite the increasing regulatory scrutiny of the crypto sector in the US, leading some firms, like Revolut, to withdraw their crypto...
by Александр Пирогов | Aug 11, 2023 | Blog News
British fintech firm Revolut has reportedly decided to halt cryptocurrency services for its US customers due to mounting regulatory complexities and market instability. Starting 2 September, US users will no longer be able to purchase cryptocurrencies on the platform....
Switzerland FINMA Extends Transitional Period for Exchange of Collateral in OTC Derivatives Transactions
Switzerland FINMA Chair Highlights AI’s Expanding Role in Financial Supervision at Paris AMF–AEFR Conference
United States SEC Postpones Crypto Task Force Roundtable on Financial Surveillance and Privacy
United States SEC Commissioner Hester Peirce Calls for Principles-Based Crypto Custody Rules at Singapore Digital Assets Summit
US SEC’s Caroline Crenshaw Criticises No-Action Relief Allowing State Trust Companies to Custody Crypto Assets