Crypto Updates – Page 18 – WORLD CRYPTO BUSINESS

Paraguayan Senate Approves Cryptocurrency Bill

[ad_1] The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved... Read more »

South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan

[ad_1] South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has... Read more »

India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework

[ad_1] India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard under the... Read more »

US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets

[ad_1] A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the... Read more »

Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’

[ad_1] Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed... Read more »

Putin Signs Law Prohibiting Payments With Digital Assets in Russia

[ad_1] President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of... Read more »

Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds

[ad_1] The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for... Read more »

‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’

[ad_1] On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations by acquiring 1,061 Whatsminer M30S bitcoin mining... Read more »

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban

[ad_1] A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It... Read more »

EU Regulator Warns About Crypto — Questions Whether Many Will Survive

[ad_1] European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about... Read more »