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The International Organization of Securities Commissions (IOSCO) released a set of crypto-related regulatory recommendations
May 24,2023
The International Organization of Securities Commissions (IOSCO), the leading international policy forum for securities regulators, has taken steps to help policymakers effectively regulate cryptocurrencies. On 23 May, IOSCO proposed 18 crypto-policy...
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Grayscale Investments received a comment from SEC on Filecoin
May 17,2023
The digital assets investment fund Grayscale Investments published an opinion they received from the US Securities and Exchange Commission (SEC) on the Filecoin cryptocurrency which is behind the Grayscale Filecoin Trust. Earlier in April, the Trust ...
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UK lawmakers considering cryptocurrencies to be regulated under the gambling rules
May 17,2023
The UK lawmakers have called for cryptocurrencies to be regulated as gambling, citing concerns about the risks involved and the potential harm to individuals. The Parliament's Treasury committee on crypto-assets argues that cryptocurrencies share cha...
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EU agree on new tax transparency rules for cryptocurrency service providers
May 16,2023
The EU Finance Ministers have reached an agreement on new tax transparency rules for all cryptocurrency service providers based in the EU. The tax transparency rules for cryptocurrency transactions (DAC8) require cryptocurrency service prov...
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Government of India invited citizens to add comments regarding future regulation of virtual currencies
May 16,2023
Government of India invited citizens to add comments regarding future regulation of Virtual Currencies (VC). Indian citizens are invited to add their comments on an open government portal mygov.in, by 31 May. Purpose of this consultative process is a...
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North Korean hackers responsible for $721 million worth of crypto theft from Japan
May 15,2023
A study by UK-based blockchain analysis provider Elliptic determined that North Korea-linked hacker groups have stolen$721 million worth of cryptocurrency assets from Japan since 2017. The report's release follows a statement by the G7 finance minist...
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The US Department of Justice will focus on illicit activities on cryptocurrency exchanges
May 15,2023
The US Department of Justice's director of the National Cryptocurrency Enforcement Team (NCET) Eun Young Choi, has vowed to crackdown on illicit behavior on crypto exchanges. In an interview with the Financial Times, the director stated that they wou...
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Blockchain Research Centre: China's ambitions to advance technology and talent training for 500,000 industry professionals
May 14,2023
The Chinese Ministry of Science and Technology has approved the launch of a new Blockchain Research Centre in Beijing, with plans to train 500,000 industry professionals in the field. The centre aims to boost China's development of blockchain technol...
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Ukrainian Deputy PM claims Binance no longer allows Russians to make transfers, withdraw money
May 13,2023
Ukrainian Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorovclaimed in a Telegram postthat Binance, one of the largest global cryptocurrency exchanges, has stopped allowing Russians to perform transactions and withdraw mone...
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Microsoft announces Ion project for blockchain-based digital identities
May 12,2023
Microsoft and the The World Wide Web Consortium (W3C) group on decentralized identifiers (DIDs) announced their project on the solutions for digital identities based on bitcoin's blockchain. Microsoft presented its Ion open-source project which tackl...
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Blockchain milestone: CariNet will introduce national nodes
May 11,2023
The Caribbean Digital Finance and Free Trade System, CariNet, has been officially launched, applying blockchain technology to help the member countries of the Caribbean Free Trade Agreement (FTA) build digital payments and digital financial infr...
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Bittrex cryptocurrency exchange files for bankruptcy
May 09,2023
Bittrex, one of the largest cryptocurrency exchanges in the United States, has filed for Chapter 11 bankruptcy protection in Delaware. The Securities and Exchange Commission (SEC) has charged Bittrex with running an unregistered exchange, broker, and...
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