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Tag: Regulation

India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report

May 14, 2021 wp-bot Bitcoin News

India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in

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Diginex’s crypto custody arm receives green light from UK financial watchdog

May 14, 2021 wp-bot Cointelegraph

The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions.

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Argentinean Tax Body Asks Domestic Cryptocurrency Exchanges to Report Monthly Transactions and Wallet Balances

May 14, 2021 wp-bot Bitcoin News

The local tax authority could soon hunt tax evaders who trade cryptocurrencies in Argentina following a notice sent to domestic crypto exchanges. The Federal Administration

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Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy

May 14, 2021 wp-bot Bitcoin News

Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean

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Here’s how the IRS can seize your Bitcoin and Crypto

May 13, 2021 wp-bot Inside Bitcoins

Crypto holders who fail to pay their taxes might have their holdings confiscated by the IRS. The US Internal Revenue Agency has threatened to confiscate

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Binance is reportedly under investigation from IRS and Justice Department

May 13, 2021 wp-bot Cointelegraph

The price of Bitcoin and Ether both fell between 3% and 5% as the report spread across social media.

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Blockchain
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