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South Korea to postpone Crypto Tax bill to 2027
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Australia’s securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens. In a Dec. 4…
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Roger Ver is contesting a U.S. criminal indictment accusing him of evading $240 million in taxes from Bitcoin sales.
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Bitcoin
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Bitcoin rebounded above $95,500 after President Donald Trump nominated Paul Atkin as the new chair of the U.S. Securities and Exchange Commission
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Cryptocurrency exchange Coinbase has quietly pulled its bid to enter the Turkish market, joining other trading platforms that have backed out. U.S.-based crypto exchange Coinbase withdrew its pre-application to enter Turkey just four months after applying to the list of…
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The future of offline digital euro payments hangs in the balance as the ECB struggles to secure agreements with smartphone manufacturers. The European Central Bank may drop offline digital euro payments if it can’t agree with smartphone makers on secure…
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Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec. 02, the central bank has opened the public…
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China’s digital yuan adoption faces “bottlenecks” due to user reluctance and competition from platforms like Alipay, says Charles Chang, a director at a Shanghai-based university. China‘s central bank digital currency — also known as the digital yuan — is still…
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With a pro-crypto president and Congress, Coinbase’s policy head foresees crypto laws being enacted “fairly quickly” under Trump’s leadership. Coinbase‘s top policy executive expects U.S. cryptocurrency regulations to move quickly once Donald Trump assumes the presidency in January 2025. In…
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South Korean regulators agree to postpone the 20% crypto tax for two years, after rejecting the Democratic Party’s proposal to raise the annual tax threshold from 2.5 million won to 50 million won. According to local media outlet Money Today,…
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As Trump’s crypto-positive cabinet takes shape, the U.S. might be on track for a potential revolution in the decentralized finance space, analysts at Matrixport anticipate. Donald Trump‘s prospective nominees for the U.S. Treasury, Commerce, and potentially the Securities and Exchange…
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Bitcoin
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The Hong Kong Monetary Authority has introduced a three-year digital bond grant scheme, offering incentives of up to HK$2.5 million to encourage tokenized bond issuances. In its latest bid to drive blockchain adoption, Hong Kong has introduced a new scheme…
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Paul Atkins, a former U.S. Securities and Exchange Commission Commissioner, is the favorite to become the next chair of the regulatory agency. Atkins is still the leading candidate for the role that Gary Gensler will vacate in January 2025, Fox…
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Bitcoin
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Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests. The Tether (USDT) issuer notified its community and the broader industry that the company has ended EURT support via a blog post…
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Tether
EURT
Euro Tether
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The Russian Ministry of Industry has proposed a two-year transition period for implementing digital ruble payments in retail over infrastructure concerns. The Russian Ministry of Industry has called for a two-year transition period before the mandatory adoption of payments using…
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Morocco mulled revoking its crypto ban and creating rules to fast-track adoption as blockchain technology increasingly proliferated the globe.
BTC
Bitcoin
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The United Kingdom Financial Conduct Authority plans to finalize regulations for the crypto industry by 2026, following input from organizations such as the Treasury, Bank of England, and U.S. Securities and Exchange Commission According to a Bloomberg report on Nov.…
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