Tags : crypto

Regulation

50 Korean crypto firms apply for new licenses as strict

Fifty crypto companies based mostly in South Korea have applied for a license beneath the brand new Data Safety Administration System (ISMS), a government-backed certification that certifies firms that meet stringent requirements of knowledge safety and privateness. Crypto rules are coming The regulation takes impact in September 2021 and is among the first certifications for […]Read More

Bitcoin

Tanzania’s president is now calling for Bitcoin and crypto adoption

In what seems to be the newest transfer by a sovereign nation to embrace cryptocurrency, Tanzania’s President Samia Sulhulu has requested the nation’s Central Financial institution to start out exploring the crypto sector, as per native outlet The Citizen. President of Tanzania 🇹🇿 calls on the central financial institution to organize for the “use of […]Read More

Regulation

1,100 people arrested in China over alleged crypto fraud

Chinese language police busted a community of greater than 170 prison teams as they arrested 1,100 suspects concerned in cash laundering by shopping for cryptocurrencies, safety officers mentioned in a press release. The charged people are accused of changing unlawful proceeds into cryptocurrencies through crypto exchanges, the Ministry of Public Safety said, with out revealing […]Read More

Bitcoin

Mexico, too, wants to jump on the crypto train as

Federal authorities of Mexico consultant, Eduardo Murat Hinojosa introduced on Twitter he takes motion to push ahead Bitcoin and crypto adoption within the nation. “I will likely be selling and proposing a authorized framework for crypto cash in Mexico’s decrease home,” mentioned Hinojosa, explicitly mentioning Bitcoin in a tweet.   Voy a promover y proponer ante […]Read More

Bitcoin

Paraguay joins the crypto train, says ‘Bitcoin to the moon’

Paraguay is setting an essential undertaking in movement this week, hinting at Bitcoin (BTC) and its authorized tender standing, introduced congressmen Carlitos Rejala in a tweet.  Solely a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it appears Paraguay goes to be the subsequent nation racing to legalize Bitcoin.  […]Read More

Bitcoin

No capital taxes on Bitcoin, PR for crypto entrepreneurs

El Salvador president Nayib Bukele stated in a tweet final evening that traders pays no capital taxes on Bitcoin features, a day after saying the asset may quickly be ‘authorized tender’ within the nation. “No capital features tax for Bitcoin, since will probably be a authorized foreign money,” Bukele stated, responding to a tweet by […]Read More