Category: Regulation

Is cryptocurrency regulated? Yes, in some places. There’s a lot of debate surrounding cryptocurrency regulation around the world and it is largely about whether to embrace cryptocurrency or attack it. The skyrocketing value of crypto is now worth trillions of dollars. It is a key driver for legislative pushes to regulate cryptocurrency. And the growing […]

In many countries, the uptake of cryptocurrency and the Blockchain has been fast and extremely popular. Around the world, the increase in crypto adoption between 2012 and 2021 was considerable, sending the price of Bitcoin up by 540,000% in this time period. However, the same has not been true in communist countries, such as Russia […]

UK’s crypto ambitions Recent reports of the death of crypto appear to be greatly exaggerated, especially in the UK where, despite dire warnings of a crypto meltdown, the banning of Bitcoin ATMs, and the Bank of England’s indifference to CBDC, the Government now wants to power ahead and develop the UK as a leading crypto-financial community. […]

Summary Portugal to lose tax haven status under new tax rules Portugal’s first crypto license is given to Bison Bank Pioneer bitcoin-purchase home Portugal has witnessed a meteoric rise in crypto trading popularity in the past couple of months. An influx of Bitcoin families and incredible growth in the Bitcoin-run real estate industry speak volumes. […]

Summary President Biden’s executive order paves the way for full integration of crypto into the US financial system The SEC has promised greater crackdowns on crypto exchange noncompliance Thanks to the new infrastructure bill, crypto exchanges need to notify the IRS of transactions As the stablecoin economy crumbles, Treasury secretary Janet Yellen pushes for further […]