Regulation
Singapore’s changed stance on crypto
Last year, Singapore was gearing up to be a global crypto hub. Now the regulators are hardening their approach.
Monica Noronha 2 min read
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Regulation
Cardano founder steals the show at Congressional hearing on crypto regulation
In front of a Congressional hearing, Hoskinson spoke cogently, and appeared relaxed, in making a case for more equitable regulatory treatment for the cryptocurrency industry.
Exchanges
Coinbase introduces KYC rules for its Netherland users to comply with local legislation
The rule will require users to provide information of recipients when making transfers to wallets off Coinbase.
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Regulation
Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
Taxes
Conservative MP Matt Hancock advocates for “attractive” tax and regulatory regimes in the U.K.
The Conservative MP Matt Hancock stated that the UK needs to be more liberal in its approach to crypto regulation.
Regulation
Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF
Max Keiser suggests the SEC's stance on spot BTC ETFs boils down to a conflict of interest within the organization.
Mining
US Senators call on OSTP to restrict PoW mining to zero-carbon energy sources
Five U.S. Senators are proposing to create a national registry for PoW mining companies and mandating them to provide regular disclosures about their energy sources and carbon emissions.
Regulation
India will consider 28% additional tax on crypto sales next week
India's federal and state finance ministers will come together at a panel on 28-29 June to discuss whether to implement a new tax on crypto transactions.
Exchanges
Bybit, KuCoin each fined more than C$2 million in Canada for securities compliance failures
Ontario's market regulator has fined Bybit and KuCoin for operating unregistered trading platforms in the state.
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Regulation
SEC commissioner criticizes crypto bailouts as ECB president calls for staking regulations
People
Saylor goes full maxi, slamming everything that isn’t Bitcoin
Regulation
The U.K makes a turnaround on KYC rule
Stablecoins
