Changing Accounting Standards for Cryptocurrencies Companies holding cryptocurrencies such as Bitcoin or Ethereum could soon see a shift in accounting practices (Financial Accounting Standards Board) has…
Elizabeth Warren’s Bill to Crack Down on Crypto’s Use in Illicit Finance Gains More Support U.S. Senator Elizabeth Warren (D-MA) has announced that her digital asset…
South Korea Proposes Rules to Protect Crypto Users The Financial Services Commission (FSC) of South Korea has released suggested rules to safeguard digital asset customers under…
Increase in Crypto Tax Transparency in the UK The UK government has implemented a new initiative to promote transparency in crypto taxation. They are urging crypto…
The European Banking Authority (EBA) Calls for Improved AML/CFT Standards Compliance for Crypto Providers The European Banking Authority (EBA) has released a consultation paper highlighting the…
Singapore’s Monetary Authority Introduces Measures to Discourage Crypto Speculation The Monetary Authority of Singapore (MAS) has responded to feedback on its proposed Digital Payment Token (DPT)…
Singapore Proposes New Regulations to Curb Retail Crypto Speculation Singapore has announced new regulations to strengthen its stance against retail speculation in cryptocurrency assets. These measures…
Singapore financial regulators are planning to impose new regulations to prevent speculative trading among small-time crypto players. Singapore Central Bank on Crypto Rules The proposed measures…
US Government Cracks Down on Binance The US Department of Justice is cracking down on virtual currency firms after issues with Binance. More like a warning,…