Tag: crypto regulation

Australian-based broker SelfWealth to offer crypto trading services

The cryptocurrency market continues to gain adoption despite the current bearish trend. SelfWealth to offer cryptocurrency trading services Australian-based online broker SelfWealth has announced that it would start offering cryptocurrency trading services to its...

Jay-Z plans to auction ‘Reasonable Doubt’ NFT at Sotheby’s

Jay-Z will celebrate the 25th anniversary of his debut album, Reasonable Doubt, by minting and selling his first non-fungible token. The new piece is  titled Heir to the Throne For the NFT, Jay-Z commissioned artist Derrick...

Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars,...

US SEC wants to work with Congress to regulate crypto exchanges

SEC head Gary Gensler said that the authority spends only $325 million per year on tech, which is less than some industry players spend in two weeks. The United States Securities and Exchange...

Gary Gensler urged regulators to prepare to initiate criminal cases

The SEC chairman is convinced that American regulators should now prepare to consider cases related to the cryptocurrency industry. Gary Gensler continues to draw attention from the US authorities, calling for the protection...

It Is Still Legal To Own Bitcoin In China As There Is No “Ban” To Speak Of

The mainstream media has successfully driven down cryptocurrency prices by spreading news that is not new at all. China is a region where cryptocurrency trading has been discouraged and made nearly impossible...

South Korean Ministries ‘Do Not Want’ to Take Charge of Crypto-Related Regulation, Claims Official

The crypto regulation crisis is on fire in South Korea, as politicians have struggled to reach agreements with top government officials to ease rulings. A local media outlet reveals that South Korean...

Crypto could spark creative solutions, says billionaire Chris Sacca

Billionaire investor Chris Sacca believes cryptocurrencies’ environmental problems could spark creative solutions. The founder of Lowercase Capital admitted to holding a variety of cryptocurrencies, including bitcoin (BTC) and ethereum (ETH). “The climate impact bums...
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