EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert

Members of the crypto community have been up in arms recently about the $1 trillion infrastructure bill that the United States House of Representatives was expected to vote on this week. The legislation includes a crypto-tax reporting provision, along with the establishment of a definition for the term “broker.” House lawmakers stated that a vote for…

The cryptocurrency and blockchain industry grew by leaps and bounds in 2020. The top two assets, Bitcoin (BTC) and Ether (ETH), gained 303% and 469%, respectively, which can be considered extraordinary in comparison with the 25% return of gold. While the precious metal is often considered a safe-haven asset, the two digital assets outperformed gold…

The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6.The Malaysian SC, a statutory body responsible for the regulating and systematic developing of the…

Dogecoin sees fresh gains before correcting to $0.004 as Bitfinex appears to capitalize on TikTok excitement. 1181 Total views 26 Total shares Major cryptocurrency exchange Bitfinex is listing Dogecoin (DOGE) as excitement around the meme-based altcoin keeps mounting.In a Twitter announcement on July 10, Bitfinex said that deposits were already available and that it would…

The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022. 466 Total views 5 Total shares As Kazakhstan becomes increasingly popular for cryptocurrency mining, the country’s president has signed a new law introducing an extra levy for crypto miners.President of the Republic of Kazakhstan Kassym-Jomart Tokayev recently signed…

According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto, assets, such as currencies, instead of stocks, local media has reported. According to Japanese financial news

Bitcoin (BTC) plunged to below $38,000 on Monday, giving up all the gains it had made last week, which saw BTC/USD rally over $45,000.BTC back below $40K as oil soarsThe losses appeared primarily in part due to selloffs across the risk-on markets, led by the 18% rise in international oil benchmark Brent crude to almost $139…

Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. Dubbed KPMG Origins, the tool is designed to increase transparency and traceability of processes in multiple industries such as agriculture, manufacturing and financial services, the firm announced on Nov. 28.The official launch of KPMG Origins in…

The altcoin crypto market may present “some opportunities” for investors after “taking it on the chin” the last four months.