Companies and individuals have been buying Bitcoin (BTC) and other cryptos as a hedge against inflation. In fact, people have even compared BTC to gold for its store of value and as a safe-haven asset. However, former...

The Japanese Financial Services Agency (FSA) indicated that the authority is considering to introduce the travel rules of FATF in April 2022 to the Japan Virtual and Crypto Assets Exchange Association (JVCEA) in a bid to...

The UKs Her Majestys Revenue and Customs (HMRC) has issued crypto tax guidelines for businesses. The regulations cover various assets and processes. The Cryptoassets Manual defines the tax rates for crypto transactions...

A second crypto health warning for consumers was issued by South Africas regulator, the Financial Sector Conduct Authority (FSCA) after noting a recent rise in crypto-related losses. The regulator reminded cryptocurrency...

Cryptocurrency transactions that involve crypto to fiat conversion will be monitored by Russias anti-money laundering body. This was revealed by Herman Neglyad, deputy of Rosfinmonitoring during a State Duma Committee...

India has put forth a new crypto disclosure requirement for companies dealing in cryptocurrencies. Starting next month, these firms will need to disclose their crypto holdings as part of their financial statements. In a...

Crypto adoption is accelerating at a rapid pace since the coronavirus pandemic started as more companies also started accepting digital currencies as a payment option. The latest to join the trend is Elon Musks Tesla,...

A U.S. court sentenced the founder of a multi-million crypto Ponzi scheme to pay a $4.5 million fine for operating a web of fraudulent companies. However, the man managed to escape shelling out cash for the hefty fine...

Norway is known as the worlds most cashless society where most of the payments are done via digital wallets or contactless cards and only 4 percent of payments are made with cash. However, its central bank is not...