UK to Impose Heavy Fines on Companies for Inaccurate Crypto Transaction Reporting The United Kingdom is taking a bold step in the regulation of cryptocurrency transactions by announcing strict penalties for companies that fail to report or submit accurate data. Under the new regulations, companies will face fines of up to £300 per user for […]
India increases scrutiny of crypto in border regions
India Strengthens Oversight of Crypto in Border Regions to Combat Financial Abuse In a bid to tackle financial abuse in its border regions, India has ramped up its scrutiny of cryptocurrency transactions. The move comes as authorities are increasingly concerned about the potential misuse of digital assets to bypass formal financial channels and engage in […]
Ljubljana is named the world’s most crypto-friendly city
Ljubljana: Leading the Way as the World’s Most Crypto-Friendly City In a world where digital currencies are becoming increasingly mainstream, one city stands out as a beacon of crypto-friendliness. Ljubljana, the capital of Slovenia, has recently been crowned the world’s most crypto-friendly city in the 2025 Crypto Cities Index. This prestigious title is well-deserved, thanks […]
SEC targets crypto executive in $198 million Ponzi case
SEC Targets Crypto Executive in $198 Million Ponzi Case The world of cryptocurrencies has been a hotbed of innovation and opportunity, but it is not without its pitfalls. Recently, the SEC set its sights on a prominent crypto executive in a staggering $198 million Ponzi case. PGI Global, a company that promised lucrative returns on […]
Nigeria’s new proposal to tax crypto transactions
Nigeria’s National Assembly Considers Taxing Crypto Transactions Nigeria, known for its bustling cryptocurrency market, is making waves once again with a new proposal that could potentially reshape the landscape of digital asset transactions. A bill currently under review in the National Assembly aims to introduce a formalized system for taxing transactions conducted on regulated exchanges. […]