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Regulations

NFTs
IRS Broadens ‘Digital Assets’ Category to Include NFTs

"Virtual currency" is replaced with "digital assets" in the draft instructions for the 2022 tax year.
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Kanye West Hit With $250M Lawsuit After Agreeing To Buy Crypto-Friendly Parler
Regulations
Kanye West Hit with $250M Lawsuit After Agreeing to Buy Crypto-Friendly Parler

The Satoshi Nakamoto cap-wearing Kanye goes the extra mile to avoid censorship, marking a new stage for crypto.
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Three Arrows Capital (3AC) Gets Subpoenaed On Twitter, Founders Still Out Of Sight
SEC
Three Arrows Capital (3AC) Gets Subpoenaed on Twitter, Founders Still Out of Sight

After getting rid of 300 blue-chip NFTs, Three Arrows Capital fled the scene again.
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ftx boarding dubai uae travel
FTX News
FTX Looks to Onboard Institutional Investors in UAE

FTX aims to attract institutional investors in UAE into its platform after being regulated by VARA.
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Nirmala Sitharaman india paving way crypto adoption walking
Regulations
India Seeks to Devise Global Standards for Cryptocurrencies

The Finance minister stated that India would prioritize crypto regulation during the upcoming G-20 meeting.

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Crypto Adoption Brazil
Regulations
Cryptocurrency Adoption in Brazil Is Spurring: How to Ensure Cyber-Security?

The growing adoption of crypto increases the dangers of cybercrime.

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Polygon (MATIC)
Polygon to Power India’s First Blockchain-Based Police Complaint Portal

Blockchain adoption has come in a unique form as the PD in India launched a complaint portal powered by Polygon.
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coinbase singapore
Coinbase News
Coinbase Receives Singapore Digital Payment Token Crypto License

The DPT license will allow Coinbase to offer regulated products and services in Singapore.
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EU monitoring law crypto ethereum
Ethereum (ETH)
EU lawmakers move closer to crypto regulation, plan to monitor DeFi activity on Ethereum (ETH)

European Parliament voted in favor of MiCA legislation, European Commission released a pilot project to gather DeFi data in real-time.

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portugal prime-minister António Costa crypto gains government tax
Regulations
Portuguese Government to Levy a 28% Tax on Crypto Capital Gains

A Portuguese government-issued report proposes a new cryptocurrency tax policy as part of its national budget for 2023.
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crypto lending canada ledn arxnovum
Regulations
Canadian Crypto Lending Firm Ledn To Acquire Digital Asset Manager Arxnovum

The deal will allow the lender to offer digital asset investment products to its accredited client base worldwide.
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celsius (cel) resigns daniel leon
Regulations
Co-Founder of Bankrupt Crypto Lender Celsius (CEL) Daniel Leon Resigns

The resignation comes only a week after CEO Alex Mashinsky left the troubled company.

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EthereumMax (EMAX) Pumps 126% After Kim Kardashian Agreed to Pay $1.26 SEC Fine
Altcoins
EthereumMax (EMAX) Pumps 128% After Kim Kardashian Agrees To Pay $1.26M Fine

The token has since dumped almost 50% but is still trading higher than before SEC settlement news broke.
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Fidelity Investments Launches New Ethereum Index Fund with $5 Million Raised
Ethereum (ETH)
Fidelity Investments Launches New Ethereum Index Fund With $5 Million Raised

Fidelity Investments, one of the world's largest asset managers, has launched a new Ethereum index fund.

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Japan Will Invest in Metaverse and NFTs, Says Prime Minister
NFTs
Japan To Invest In Metaverse And NFTs, Says Prime Minister

Japan continues to adopt blockchain.

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Kim Kardashian SEC EthereumMax (EMAX)
Regulations
Kim Kardashian Charged By SEC For Promotion Of Scam Project EthereumMax (EMAX), Agrees To Pay Over $1M

The SEC argues that the reality TV star failed to disclose the $250K payment she received for EMAX promotion.

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Coinbase Fixes Technical Issue that Halted Payments and Withdrawals for Customers with U.S. Bank Accounts
Coinbase News
Coinbase Fixes Technical Issue Preventing Payments And Withdrawals For Customers With U.S. Bank Accounts

Coinbase has announced that the technical problem which caused temporary payments and withdrawals difficulty has been fixed.
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CBDC-Digital-Euro-Is-Being-Considered-For-Digital-Settlement-By-ECB
CBDCs
ECB Considers Digital Euro for Securities Settlements

The European Central Bank is discussing how to improve and modernise CBDC services that it already offers.
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CBDCs
Ex-Ripple Executive to Lead Australia’s CBDC Project

The Reserve Bank of Australia has released the white paper for its CBDC pilot.
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Binance Seeks Permit to Re-enter Japan, Four Years After Regulatory Struggle
Binance News
Binance Seeks Permit To Re-enter Japan Four Years After Regulatory Struggle

Binance is now seeking a permit to resume its services in Japan, four years after tightened regulations forced an exit.

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