Hong Kong Monetary Authority Forms Committee to Set Standards for Wholesale CBDC Interoperability

by Александр Пирогов | May 8, 2024 | Blog News

The Hong Kong Monetary Authority (HKMA) announced on Tuesday the establishment of a working committee aimed at setting industry standards for wholesale Central Bank Digital Currency (CBDC) interoperability. The committee, dubbed Project Ensemble Architecture...

Indonesian Regulatory Agency Forms Crypto Asset Committee

by Александр Пирогов | May 8, 2024 | Blog News

The Commodity Futures Trading Regulatory Agency, commonly known as Bappebti, has taken a significant step in overseeing the cryptocurrency industry by establishing a dedicated committee. With responsibilities including the regulation of cryptocurrencies, Bappebti has...

SEC Delays Decision on Ethereum ETFs Once Again

by Александр Пирогов | May 7, 2024 | Blog News

The U.S. Securities and Exchange Commission (SEC) has announced yet another postponement in its decision-making process regarding the approval of Ethereum exchange-traded funds (ETFs). Following the successful introduction of Bitcoin ETFs earlier this year, market...

New Bitcoin Rival Mollars Gains Traction Ahead of Exchange Listing

by Александр Пирогов | May 7, 2024 | Blog News

Mollars (MOLLARS), the latest contender in the crypto arena positioning itself as a store-of-value asset, is swiftly gaining momentum ahead of its official listing on public crypto exchanges. The anticipation surrounding its launch is palpable, with LBank becoming the...

Australian Tax Office Cracks Down on Crypto Tax Evasion

by Александр Пирогов | May 7, 2024 | Blog News

In a bid to tackle potential tax evasion in the burgeoning crypto space, the Australian Tax Office (ATO) has launched a crackdown demanding annual transaction details from crypto exchanges. This move aims to ensure investors accurately report their crypto gains and...

Philippines SEC to Introduce Crypto Regulation; Urges Removal of Binance Apps

by Александр Пирогов | May 7, 2024 | Blog News

Emilio B. Aquino, chairperson of the Securities and Exchange Commission (SEC) in the Philippines, has unveiled plans to introduce a regulatory framework for cryptocurrency assets and trading in the latter half of 2024. This initiative aims to protect the interests of...