Ukraine could also be lacking out on at the least $10 billion in stolen funds and misplaced tax income as a result of inadequate regulation of its crypto sector, in accordance with a report by the Royal United Providers Institute (RUSI), a UK-based safety assume tank. Key Takeaways: Ukraine could possibly be dropping over $10…
The UK’s strategy to taxing digital belongings is more and more inflicting friction amongst crypto customers. The major points stem from how the tax authority, HMRC, classifies crypto and imposes what many see as burdensome necessities for logging transactions and disclosing private information. In a BeInCrypto podcast, Susie Violet Ward, CEO of Bitcoin Policy UK,…
Nobel Prize-winning economist Jean Tirole raised pink flags over stablecoins, saying he’s “very, very frightened” about how the property are supervised. In an interview with the Financial Times, the Toulouse School of Economics professor warned that shaken confidence in reserves might spark mass redemptions, forcing governments into costly bailouts. Stablecoin Can Result in “Runs” and…
Argentina is reopening its investigation into President Milei over the LIBRA scandal. The first fee, created in April, confronted bureaucratic and Congressional hurdles and was unable to function correctly. Milei, nevertheless, now faces new corruption scandals largely unrelated to crypto. These enabled a brand new political coalition to forcibly reopen the investigation, which ought to…
CTFC introduced that US residents might quickly be allowed to commerce crypto on offshore exchanges. A couple of outstanding examples embrace Binance, Bybit, and OKX. After Kristin Johnson’s resignation this week, Pham is the CFTC’s solely remaining Commissioner. This can be only a trace of the type of daring actions she will be able to…
Chainlink partnered with the US Division of Commerce to place macroeconomic information on the blockchain. Secretary Howard Lutnick teased this plan earlier this week, and it’s already in movement. Apparently, a number of different blockchains are additionally included on this program, however studies range as to what number of or which of them are taking…
The US Commodity Futures Trading Commission (CFTC) will integrate Nasdaq’s surveillance system to strengthen oversight of digital asset and derivatives trading. The agency confirmed the move on Aug. 27, noting that it marks the replacement of its outdated 1990s-era monitoring tools with technology built for today’s 24-hour markets. Why the CFTC is upgrading The regulator…
Thailand has launched the world’s first publicly offered tokenized government bond with KuCoin. The partnership is expected to reshape sovereign debt markets through blockchain-based financial innovation. The Thai government’s G-Token project, led by the Ministry of Finance, collaborates with KuCoin as the first global crypto exchange. KuCoin Joins Thailand’s G-Token Initiative The G-Token is Thailand’s…
Brian Armstrong’s latest announcement that Coinbase would begin requiring in-person orientation and limiting sure roles to US residents generated skepticism over whether or not the corporate’s new insurance policies would violate US anti-discrimination legal guidelines. In an interview with BeInCrypto, a Coinbase spokesperson clarified that the corporate shouldn’t be adopting a blanket “US residents solely”…
Japan’s Financial Services Agency (FSA) has disclosed the outline of its 2026 tax reform request, which includes proposals to revise cryptocurrency taxation and expand the Nippon Individual Savings Account (NISA) framework. According to Kyodo News, the FSA’s reform request includes reviewing tax rules for cryptocurrency trading, such as Bitcoin. FSA Proposes Revisions to Cryptocurrency Taxation…