Australia Unveils Crypto Regulation Plan The world of cryptocurrency has been a hot topic in recent years, with its value soaring to new heights and its popularity growing exponentially. As more and more people delve into the world of digital currency, governments around the world have been grappling with how to regulate this ever-evolving industry. […]
Trump administration unveils crypto regulation plans
Trump Administration Reveals Crypto Regulation Plans The Trump administration is taking a significant step towards regulating the cryptocurrency industry. White House ‘crypto czar’ David Sacks, in collaboration with key Conservative lawmakers, is set to lead a press conference to unveil the administration’s plans in this regard. The announcement comes at a crucial time when the […]
MiCA brings big changes for crypto in the EU
MiCA: A Game-Changer for Cryptocurrency Regulation in the EU Cryptocurrency has been a hot topic in the financial world for years, with its decentralized and often anonymous nature posing challenges for regulators worldwide. In the European Union, the Markets in Crypto-Assets (MiCA) regulation has been proposed as a comprehensive framework to govern the rapidly growing […]
Turkey Sets Strict Regulatory Framework for Cryptocurrency by 2025
As the global financial landscape evolves, Turkey is taking proactive steps to establish a robust regulatory framework for cryptocurrency. By 2025, the Turkish government plans to enforce stringent rules aimed at enhancing oversight and security in cryptocurrency transactions. These regulations reflect the growing recognition worldwide of the need for regulatory measures in the rapidly changing […]
Celsius Founder Pleads Guilty to Fraud, Facing Up to 30 Years for Scheme in Cryptocurrency Crackdown
In a significant twist in the turbulent world of cryptocurrency, Alex Mashinsky, the founder of Celsius Network, has pleaded guilty to fraud charges. This development comes as part of a broader crackdown on malfeasance within the cryptocurrency industry, where regulatory bodies are increasingly scrutinizing operations that have previously thrived in a largely unregulated environment. Mashinsky, […]
Italy's Economy Minister Advocates for Crypto Tax Increase in 2025 Budget
Italy’s economy is poised to undergo significant changes as Economy Minister Giancarlo Giorgetti champions a proposal to raise taxes on cryptocurrency capital gains from 26% to a staggering 42%. This move, aimed at addressing what Giorgetti perceives as the excessive risks associated with digital assets, could potentially yield an additional €16.7 million annually for the […]
US Lawmakers Challenge Crypto Policies in Heated Hearing
The recent hearing of the US Securities and Exchange Commission (SEC) showcased a significant confrontation between lawmakers and the agency regarding its policies on cryptocurrencies. SEC Chair Gary Gensler faced bipartisan scrutiny as representatives from both sides of the aisle accused the agency of stifling the burgeoning cryptocurrency industry. This tension highlights the urgent need […]
SEC Faces Off Against Coinbase: The Battle for Crypto Regulation
In a landmark court case, Coinbase, the largest cryptocurrency exchange in the United States, has found itself in a legal tussle with the Securities and Exchange Commission (SEC). The focal point of this confrontation is Coinbase’s demand for clearer regulations regarding digital assets, highlighted by a lawsuit emerging from the SEC’s dismissal of a 2022 […]