Business

Uzbekistan has no plans to ease crypto payments ban, says official

The Republic of Uzbekistan will never adopt cryptocurrencies like Bitcoin (BTC) as a payment method, according to a central bank official. Behzod Khamraev, deputy chairman

Business

NYAG shuts down Coinseed for converting customer funds into DOGE without consent

The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers.  On

Business

SEC takes action against Chinese billionaire’s companies over $500M offerings

The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial

Business

US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

Democrats in the U.S. House of Representatives have proposed tax initiatives to fund a $3.5 trillion spending package which could potentially affect crypto users.  According

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SEC chair doubles down, tells crypto firms ‘come in and talk to us’

Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body

Business

Law Decoded: The aftermath of El Salvador’s pioneering move, Sept. 6-13

Too much is happening in the realm of crypto policy and regulation to leave the biggest developments of each week without a roundup and at

Business

El Salvador’s Bitcoin day: The first of many or a one-off?

On Sept. 7, in a historic first, the small Central American nation of El Salvador adopted Bitcoin as legal tender. The true significance of this

Business

India’s Income Tax Department may soon target crypto trades and ecosystem

As the Income Tax Department of India reportedly considers taxing crypto traders and crypto exchanges soon, experts believe investors should rest assured. According to ET

Business

Majority of Korean crypto exchanges to shut down this month, insiders say

The deadline for South Korean crypto exchanges to meet new compliance requirements is looming fast, with all operators expected to submit requests for an official

Business

Regulatory and privacy concerns trail SEC’s threat to Coinbase

Crypto lending products have come under scrutiny from security regulators in some jurisdictions across the United States. While these enforcement actions have come from agencies