Cryptocurrency news - Politics
Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
Crypto derivatives trading should be restricted to wholesale markets, a senior Dutch financial regulator said recently. The comments suggest Dutch supervisors want to join the U.K. in banning access to options and futures based on virtual assets for regular retail customers, eve...
Portugal Makes U-Turn on Cryptocurrency Tax
Portuguese Minister of Finance Fernando Medina said cryptocurrencies will be subject to taxation in the near future, according to comments in the nation's parliament on Friday, as reported by Sapo. “Many countries already have systems, many countries are building their m...
Crypto capital gains one of four key areas for the Australian Tax Office
The Australian Taxation Office (ATO) has outlined crypto capital gains as one of four key areas of focus in 2022. A capital gain or loss refers to the price difference between the time an asset was purchased and the time it was sold. The percentage owed to the ATO varies...
FTX US Reveals New York Trust Charter Application
FTX US has applied for a trust charter with the New York financial services regulator as part of a push to allow it to operate in New York state and offer its products to local residents. A trust charter from the New York State Department of Financial Services enables digital...
UK government targets crypto in latest legislative agenda
The United Kingdom has introduced two bills, both concerning the seizure of and support for cryptocurrencies as part of Prince Charles' remarks at the State Opening of Parliament. In a Tuesday publication released by the U.K. Prime Minister’s Office, the government...
US Officials Add North Korea-Linked Bitcoin Mixer, More BTC and ETH Addresses to Sanctions List
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Blender.io, a North Korea-linked crypto mixing service that obfuscates the origin and destination of bitcoin transactions on Friday, and added bitcoin and ether addresses to its blacklist. In addin...
Kazakhstan Orders Crypto Miners to Register With Authorities
The government of Kazakhstan is requiring crypto miners to register their operations with authorities, according to a ministerial order published on Wednesday. All miners will have to submit business registration data, along with information about personnel, the power they consu...
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry. Released on Wednesday, the new decree instructs a reorganization of a major presidential agency k...
Panama Legislature Passes Bill Regulating Crypto
A plenary session of the Panamanian Legislative Assembly approved a bill on Thursday regulating the use of cryptocurrencies in the Central American country. “This will help Panama become a hub of innovation and technology in Latin America," Congressman Gabriel Silva, who...
Panamanian Legislative Assembly’s Committee Approves Bill Regulating Crypto
The Panamanian Legislative Assembly’s economic affairs committee approved a bill on Thursday regulating the use of cryptocurrencies in the Central American country. The bill seeks to “give legal stability to crypto assets in Panama” and “develop the cry...