regulation news

brazilian cryptocurrency exchanges hits hard with crypto tax regulations

Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations

Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year. And, February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based in the South American nation have been shut down following threats of […]

cryptocurrency remains a political issue in the united states

Cryptocurrency Remains a Political Issue in the United States

Though the Democratic presidential race in the United States may have lost its most forward-thinking candidate when it comes to cryptocurrency, that doesn’t mean it’s not still a hot button issue across party lines. The number of patents and companies associated with cryptocurrencies and blockchains continues to rise in the US market. This is what […]

tether

Tether to Track Stablecoin Network Activity with Chainalysis Suite

Chainalysis is rolling out a global compliance solution for Tether (USDT). The announcement just happens through a press release. As a result, the stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The tracking is possible via Chainalysis’ Know-Your-Transaction (KYT) suite which allows token issuers to monitor the activity of […]

canadian dollar pegged stablecoin QCAD

Canadian Dollar-Pegged Stablecoin QCAD to be Regulated by FinTRAC

Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a newly regulated stablecoin pegged to the Canadian Dollar (CAD). Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the latest CAD-based stablecoin and was officially launched on Feb 11. QCAD total supply accounts for about 150,000 CAD at the […]

crypto regulation in Italy

Italy’s Regulator Shuts Down 8 Crypto Trading & Foreign Exchange Sites

Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnate’s Feb 10 report, the Commissione Nazionale per le Societa e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on France (TUF) for providing illegal […]