Japan Gives Green Light to Stablecoins

Reading Time: < 1 minute The Japanese Parliament passed a bill to regulate stablecoins last week.

Armenia to Regulate the Crypto Market

Reading Time: < 1 minute Armenia has decided to accelerate the creation of a legal framework to regulate the cryptocurrency market.

Brazil Introduces Tax on Crypto-related Profits

Reading Time: < 1 minute The Brazilian Federal Tax Service has recently announced that now any transactions with digital assets will be taxed.

Turkey to Tighten the Regulation of Cryptocurrencies

Reading Time: < 1 minute The Turkish authorities are developing legislation that will tighten control over the crypto industry and likely impose a tax on some transactions.

Germany Introduces Rules for Taxing Crypto Transactions

Reading Time: < 1 minute Germany’s Federal Ministry of Finance (BaFin) has published a 24-page document outlining clear rules for the taxation of profits derived from transactions with cryptocurrencies and virtual assets.

SEC Chairman Urges Crypto Exchanges to Comply with US Law

Reading Time: < 1 minute Gary Gensler has called on all cryptocurrency exchanges to register in the regulator’s register.

The European Commission Calls for a Global Regulation of Cryptos

Reading Time: < 1 minute Virtual currencies are volatile instruments. If they are not controlled, they can harm the financial system of the union.

Coinbase CEO Predicts Division of Supervision Over the Crypto Industry Between Departments

Reading Time: < 1 minute Coinbase CEO Brian Armstrong has said that the SEC will not fully regulate the cryptocurrency industry as not all digital assets meet the definition of securities.

Andre Cronje is Criticized for Calling for DeFi Regulation

Reading Time: < 1 minute Andre Cronje, founder of DeFi project yEarn Finance, has announced the need to regulate the crypto industry and has ran into criticism from the community.