crypto regulations

Facebook Crypto

Facebook Crypto Libra Faces First Hurdle: Lawmakers Voice Opposition Citing Privacy Concern

The ghost of user privacy and data leaks is back to haunt Facebook again. It’s not even one day past the release of the whitepaper of crypto project Libra, there is a wave of opposition rising against the Facebook crypto. Maxine Waters, head of the U.S. House of Representatives Financial Services Committee wants Facebook to […]

ID Check mandatory for Cryptocurrency Exchanges

Lithuania Makes ID Check Mandatory for Cryptocurrency Exchanges

To curb the money laundering entities, Lithuania’s finance ministry is going to introduce new regulations for the crypto exchanges running in the nation. The new rules make customer ID Check mandatory for Cryptocurrency Exchanges for any kind of transaction. The parliamentary body has approved of the new regulations. However, there is no information on the […]

Crypto Tax Avoidance Schemes

Australia To Investigate Crypto Tax Avoidance Schemes

The Australian Tax Office (ATO), the country’s tax agency, is investigating 12 international crypto tax avoidance schemes. The J5 (The Joint Chiefs of Global Tax Enforcement) announced the crackdown after a recent meeting. The news comes from a report of the country’s daily. The union is planning to pursue 50 global investigations. ATO’s deputy commissioner, […]

New Crypto regulation

New Crypto Regulations Passes To Upper House in Japan

New crypto regulations passes to the upper house from the Japanese parliament. This information has come from the local news agency report. As per the report, emendations made to two of Japan’s financial laws, the Financial Instrument and Exchange Act and Payment Service Act. It aims to vitalize the provincial regulations of the crypto trading […]