Fumio Kishida, the prime minister of Japan, has announced the government’s commitment to support the growth of the Web3 sector.
Category: Cryptocurrency Exchanges
US House Republicans Introduces New Bill on Crypto Oversight
On Thursday, July 20, the US House of Republicans introduced a new bill addressing the regulatory uncertainties in the crypto
Binance Set to Reduce Employees As Regulatory Pressure Escalate
A recent update by Binance revealed that thousands of employees will leave the firm as regulatory pressure on the crypto
Coinbase Restarts XRP Trading Following Ripple’s Partial Win Over SEC
Ripple’s July 13 landmark legal win over the US Securities and Exchange Commission (SEC) has inspired the American crypto exchange
UK Financial Watchdog Shuts Down 26 ATMs to Address Illegal Crypto Activity
In a well-coordinated regulatory action, the Financial Conduct Authority (FCA) collaborated with other enforcement units to combat money laundering and
Hong Kong Crypto Licenses Scramble Yet to Translate to Employment Opportunities
A recent update from Hong Kong recruitment executive projected that new crypto entrants could create more in-country employment opportunities. The
Nigerian Stakeholders Considers Crypto tax as ‘Premature’
On May 28, Nigerian President Muhammadu Buhari green-lighted the Finance Act 2023, aiming to increase revenue streams, maintain fiscal transparency,
Court Orders Crypto Exchange Kraken to Turn Over User Data to IRS
In a recent written order issued by the Northern District of California court, crypto exchange Kraken has been instructed to
Japanese Regulators Exempts Token Issuers from 30% Crypto Tax on Paper Gains
An official publication from the Japanese National Tax Agency (NTA) revealed that the regulator would introduce a new taxation regime
Central Bank of Brazil Collaborates with Mercado Bitcoin to Launch CBDC Pilot
A statement issued by the Central Bank of Brazil on June 22 revealed that the apex bank will work closely