Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]
British legislators are urging caution in the implementation of a retail digital pound. They emphasize the need to strike a balance between technological advancements and potential drawbacks. The Treasury Select Committee has expressed reservations about launching a retail digital pound and calls for a thorough examination before proceeding. While recognizing the potential benefits of innovation, […]
British legislators are urging caution in the implementation of a retail digital pound. They emphasize the need to strike a balance between technological advancements and potential drawbacks. The Treasury Select Committee has expressed reservations about launching a retail digital pound and calls for a thorough examination before proceeding. While recognizing the potential benefits of innovation, […]
Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]
Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]
House Majority Whip Tom Emmer has strongly criticized the Treasury Department’s recent recommendations for increased control over the cryptocurrency industry. Speaking at the Blockchain Association Policy Summit, Emmer expressed concerns about the agency’s intentions, cautioning against relying on a supposed savior figure. Emmer has also voiced opposition to central bank digital currencies (CBDCs), describing them […]
House Majority Whip Tom Emmer has strongly criticized the Treasury Department’s recent recommendations for increased control over the cryptocurrency industry. Speaking at the Blockchain Association Policy Summit, Emmer expressed concerns about the agency’s intentions, cautioning against relying on a supposed savior figure. Emmer has also voiced opposition to central bank digital currencies (CBDCs), describing them […]
The ongoing debate in the United States regarding the regulation of blockchain technology, web3 industry, and crypto assets is expected to be a major topic in the 2024 presidential elections. With a significant number of American voters already invested in the crypto market, politicians are eager to address this issue. The US Treasury Department is […]
The ongoing debate in the United States regarding the regulation of blockchain technology, web3 industry, and crypto assets is expected to be a major topic in the 2024 presidential elections. With a significant number of American voters already invested in the crypto market, politicians are eager to address this issue. The US Treasury Department is […]
Australia’s new cryptocurrency taxation guidelines have been criticized by an Australian law firm, which suggests that they should be disregarded as they are unclear and essentially worthless. The Australian Tax Office (ATO) released non-binding guidance on November 9, which could impact how investors and traders report their taxes in relation to decentralized finance (DeFi). The […]
