India is on the verge of imposing what might be one of the strictest crypto bans in the world. The government is reportedly planning to propose a law that would make cryptocurrency trading and even owning digital...

Businesses dealing with virtual assets including cryptocurrencies must report their transactions to a government body and abide by anti-money laundering requirements, the Financial Services Commission (FSC) of South Korea...

Japan is getting serious about its crackdown on crypto traders who do not properly file their tax declarations on cryptocurrency-related income. One offender was recently fined and sentenced to a year in prison for not...

Crypto adoption has surged in South Korea as the rising prices of popular digital currencies such as Bitcoin(BTC) and Ether (ETH) make them increasingly attractive to investors. Unsurprisingly, the countrys crypto miners...

Social media influencers who provide crypto investment advice might be facing investigations by Portuguese authorities. The countrys law enforcers are reportedly contemplating launching investigations after thousands of...

The U.S. Internal Revenue Service (IRS) has just launched a new program that specifically targets crypto investors. Called Operation Hidden Treasure, the team consists of experts trained in tracking unreported...

CPA Australia is a professional accounting organization in Australia that has been working since 1886 with more than 166,000 employees in over 150 nations globally. They have published a report called Central Bank...

Stuart Alderoty, the general counsel at Ripple, tweeted to state, Today Ripple filed our answer to the SECs amended complaint. Notably w/ full transparency to the SEC: XRP was listed on 200+ exchanges, billions of $ in XRP...

Thailands Securities and Exchange Commission (SEC) has clarified its stance on the draft proposing a minimum income for crypto investors. The regulator explained that the draft was just meant to test public sentiment after...

Indias crypto industry is facing uncertain times as various reports pointed out that the government might be banning cryptocurrencies such as Bitcoin (BTC) in the country. However, it appears that a local crypto bank is...

With the market rally pushing Bitcoin (BTC), Ether (ETH), and other cryptocurrencies to new heights, digital assets are becoming more attractive to investors. In fact, a new report revealed that BTCs rally is the main...

The U.K. is one of the global leaders in the financial services industry. In a recently published report, the Financial Conduct Authority (FCA) made recommendations aimed at helping the country cement its position as a...

Some banks in India are now closely monitoring the accounts of crypto traders and investors. The move came as the Indian parliament is contemplating imposing a nation-wide cryptocurrency ban. Indias top private banks...

In yet another legal victory for the crypto-industry, a New York District Court Judge has ruled in favor of on-chain liquidity protocol Bancor in a lawsuit that has been raging since April 2020. Judge Alvin Hellerstein...

A number of Asias largest banking institutions have recently banded together to work on a CBDC project. The groups aim is to harness blockchain technology to speed up cross-border payments capable of real-time...