Tag: Cryptocurrency
Thailand eases crypto tax regulations to promote digital asset investments
Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.
FCA calls time on crypto ATMs with new crackdown
The Financial Conduct Authority (FCA) has warned operators of crypto ATMs to shut down their machines or face enforcement action.
Crypto tax platform BearTax nets $3.2m in seed capital
BearTax, a cryptocurrency tax platform, has netted $3.2m in its seed funding round, which was led by Seattle-based investor Ascend.
European Parliament postpones crypto regulation vote amid backlash
The European Parliament has postponed a vote on crypto asset regulation after a leaked draft included a provision that sought to ban cryptocurrencies.
RegTech unicorn Chainalysis to provide BNY Mellon with crypto compliance tools
Blockchain data platform Chainalysis will supply its compliance software to the Bank of New York Mellon to help with cryptocurrency regulatory processes.
HMRC seizes NFTs for first time ever in £1.4m fraud bust
Her Majesty’s Revenue and Customs have revealed that have seized 3 non fungible tokens (NFTs) during an investigation into a fraud case worth £1.4m.
Do crypto assets pose a global threat to financial stability?
The Financial Stability Board (FSB) has claimed that the crypto assets market could pose a serious threat to financial stability if regulators fail to take action.
FBI establishes cryptocurrency unit
The FBI is setting up a cryptocurrency-focused unit that will look to work closely with the US Justice Department.
Crypto companies join forces for new compliance solution
A group of US-based cryptocurrency companies have launched a new platform aimed at helping firms comply with the Travel Rule regulatory requirement.
Crypto unicorn CoinDCX teams with Solidus Labs
India’s first crypto unicorn CoinDCX formed a strategic compliance partnership with crypto-native risk monitoring platform Solidus Labs.
