Regulation Updates

What really goes on at a crypto OTC desk? – Cointelegraph Magazine

Over-the-counter, or OTC, trading refers to any trading that is not done via an automated exchange. What exactly is OTC trading? Who does it, and why? To learn more about what an OTC desk is and how these “under the radar” exchanges operate, Magazine spoke to a few insiders to get the scoop. The most […]

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Regulation Updates

UK Treasury en route to legalizing stablecoins amid Terra's UST crash

During the Queen’s Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow. 10697 Total views 54 Total shares United Kingdom’s Department of Treasury, or Her Majesty’s Treasury, has reportedly decided to go ahead with legalizing stablecoins as a form of payment. While […]

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Regulation Updates

Crypto capital gains one of four key areas for Australian Tax Office

“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant commissioner Tim Loh. 3019 Total views 66 Total shares The Australian Taxation Office (ATO) has outlined crypto capital gains as one of four key areas of focus in 2022. A capital gain or loss refers to the price difference between […]

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Regulation Updates

6 Questions for Dominik Schiener of the Iota Foundation – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless, […]

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Regulation Updates

The meaningful shift from Bitcoin maximalism to Bitcoin realism

There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice. Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market sentiment and, more often […]

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Regulation Updates

Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor

The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, has spurned confusion and misinformation. Miguel Albuquerque, the president of the Regional Government of Madeira, hopped on the stage in April to announce: “I believe in the future, and […]

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Regulation Updates

Do Kwon summoned to parliamentary hearing following UST and LUNA crash

Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details. 4926 Total views 42 Total shares The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the […]

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Regulation Updates

BitMEX launches spot crypto exchange following $30M penalty

Founded in 2014, BitMEX is one of the world’s oldest crypto trading platforms, but it has never offered spot crypto trading till now. 1180 Total views 87 Total shares Global crypto derivatives exchange BitMEX is expanding its platform beyond just derivatives by finally launching a spot crypto trading platform. BitMEX officially announced on May 17 […]

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Regulation Updates

Bitcoin, Bukele and a bevy of central bankers meet in El Salvador

This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial inclusion, financing for small and medium-sized businesses and Bitcoin (BTC).  Central bank delegates from Ghana to Burundi, Jordan to the Maldives and Pakistan to Costa Rica arrived in San Salvador for the conference upon […]

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Regulation Updates

US congress research agency weighs in on UST crash, notes gaps in regulation

The CRS described the TerraUSD crash as a “run-like” scenario where holders started to doubt the reserves that back the dollar peg. 1690 Total views 35 Total shares The Congressional Research Service (CRS), a legislative agency that supports the United States Congress, has published a document that contains a rundown on algorithmic stablecoins and points […]

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