TokenPost | Latest Crypto News, Bitcoin & Blockchain Updates, Web3 & DeFi Insights

Crypto investments pose ‘significant’ risks to investors, warns Central Bank of Sri Lanka

The Central Bank of Sri Lanka (CBSL) has issued a warning to the public on the risks associated with investing in cryptos such as Bitcoin (BTC) and Ether (ETH). The notice came as trading volumes and interest in digital...

Tue, 13 Apr 2021, 03:37 am UTC

Japanese Regulator Warns Teens Who’ll Soon Be Able To Buy Crypto

The top financial regulator in Japan, the Financial Services Agency (FSA) has sent a warning of the possible risks involved with crypto investment for younger citizens after new legislation is set to effectively lower the...

Fri, 09 Apr 2021, 03:44 am UTC

Bitcoin (BTC) and gold at risk of government intervention, says former congressman Ron Paul

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...

Mon, 05 Apr 2021, 13:52 pm UTC

Japan: FSA Considers To Introduce Travel Rules To JVCEA

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...

Thu, 01 Apr 2021, 06:15 am UTC

UK Crypto Taxation Guidelines Issued By Revenue And Customs Agency

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...

Wed, 31 Mar 2021, 11:04 am UTC

Crypto Asset Businesses Now Have To Submit Financial Crime Report: FCA Watch Dog

British financial regulator Financial Conduct Authority has published a new policy statement: from now on, crypto companies will be included in the category of businesses referred to as REP-CRIM. The policy of the...

Wed, 31 Mar 2021, 10:12 am UTC

Second crypto health warning for consumers issued by South African regulator

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...

Tue, 30 Mar 2021, 09:42 am UTC

Crypto to fiat transactions to be monitored by Russia’s anti-money laundering body

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...

Mon, 29 Mar 2021, 13:47 pm UTC

India to require crypto holdings disclosure by companies starting next month

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...

Mon, 29 Mar 2021, 07:08 am UTC

Bitcoin (BTC) now accepted as payment for Tesla cars but buyers need to consider the tax implications

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,...

Sat, 27 Mar 2021, 12:30 pm UTC