Ukraines central has banned digital money transfers as part of the measures implemented as the government declared a nationwide martial law. With the restrictions in place, Ukrainians are turning to crypto such as the USDT...

Europe-based crypto mining firms could be facing regulatory challenges ahead. European Union (EU) are reportedly preparing for discussions on proposed crypto regulations that may result in a ban on the mining of Bitcoin...

The European Commission is planning to set up strict oversight of crypto firms to combat the illicit use of digital currencies. A group of member states is now seeking to give the task of overseeing crypto firms to the...

Russias Ministry of Finance has introduced a bill to parliament as it pushes ahead with its plan to regulate crypto in the country. The proposed bill will introduce restrictions in crypto trading as the activity will now...

Mexico might soon become the next country to follow El Salvadors footsteps and grant Bitcoin (BTC) legal tender status in its jurisdiction. A Mexican senator plans to propose a crypto law to the Mexican Congress this year,...

The Ontario Securities Commission has raised its concern over the tweets of the CEOs of the crypto exchanges Coinbase and Kraken regarding self-custodial wallets that appeared to offer advice on how crypto owners can avoid...

Italy has recently published new anti-money laundering (AML) rules for crypto firms. The new rules, which are expected to take into effect soon, are in line with existing guidelines issued by international organizations...

The Federal Reserve has adopted new investment and trading activity rules for its officials that extended trading restrictions to include crypto. The rules are aimed at preventing a repeat of last years ethics scandal...

Colorado residents will soon be able to use crypto to pay for taxes and other payments by the end of summer. Governor Jared Polis said that his state will soon accept Bitcoin (BTC) and Ether from its residents for...

Indian Finance Minister Nirmala Sitharaman confirmed that both the Reserve Bank of India and the finance ministry are on board with the new crypto rules, a move that was hailed as a positive development for the countrys...

Russia will regulate its crypto industry instead of imposing a ban on crypto trading and mining. The move is seen as a step towards legitimizing the $2 trillion asset class and is projected to contribute up to $13 billion...

The U.S. Department of Justice just seized $3.6 billion worth of Bitcoin (BTC in what is dubbed to be the largest financial seizure ever. The seized digital currencies are part of the stolen crypto in the 2016 Bitfinex...

Indias proposed tax on crypto transactions has drawn mixed reactions from the countrys digital asset industry. While there are those who expressed concerns that the taxation scheme could discourage participation from...

India recently announced that it will impose a tax on income from cryptocurrencies. While some are worried that the introduction of a crypto tax might discourage retail investors, others view the development positively as...

Thailand would no longer be imposing a withholding tax on crypto transactions. The announcement came as the planned taxation scheme received heavy opposition from industry participants. Thailand has abandoned plans to...