Browsing: Policy
Franklin Templeton’s Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a regulated option for exposure to bitcoin and ether. The investment firm filed Amendment No. 2
In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the Federal Deposit Insurance Corporation (FDIC), are expected to revise guidelines, allowing banks to enter the
A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument that it was not a “statutory seller” because it did not directly transfer ownership of
CryptoWire News Desk: The UAE has announced a Value Added Tax (VAT) exemption on certain cryptocurrency activities, following amendments to Executive Regulations approved by the UAE Cabinet. The new decision, which will take effect on November 15, 2024, retrospectively applies
Qatar has taken a significant step in the development of its digital financial ecosystem by introducing a comprehensive regulatory framework for digital assets. This new framework, known as the Digital Asset Regulations 2024, allows companies to apply for licenses as
In a landmark move, Russia has officially legalized cryptocurrency mining, with President Vladimir Putin signing the new law on August 9, 2024. This decision marks a significant step in recognizing cryptocurrency mining as a legitimate industrial activity within the nation’s
India’s stance on cryptocurrency regulation appears to be evolving, with the Securities and Exchange Board of India (SEBI) advocating for multi-regulator oversight in contrast to the Reserve Bank of India’s (RBI) concerns about potential macroeconomic risks associated with private digital currencies. Documents obtained by Reuters reveal
India’s stance on cryptocurrency regulation appears to be evolving, with the Securities and Exchange Board of India (SEBI) advocating for multi-regulator oversight in contrast to the Reserve Bank of India’s (RBI) concerns about potential macroeconomic risks associated with private digital
In a significant development for the cryptocurrency industry, Binance, the world’s largest cryptocurrency exchange, and its competitor KuCoin have secured approval from India’s anti-money laundering unit. This decision comes months after both exchanges were banned for purported illegal operations. The
The Biden administration has taken a firm stance against overturning the SEC’s Staff Accounting Bulletin 121 (SAB 121), a move that has sparked controversy within the financial sector, particularly regarding its impact on crypto-related activities. In a statement issued on