BTC.com — a major crypto mining pool that is operated by BIT Mining and owned by the NYSE-listed Chinese lottery service provider 500.com — has announced the successful relocation of its first batch of …
MoreTag: Regulation
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
According to local sources, the Indian Government’s 2% “equalisation levy” could be extended to crypto-assets purchased from off-shore exchanges. According to a June 22 report from Economic Times, analysts are inferring that …
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Proposed crypto ban legislation reportedly under review by India’s government
India’s government is reportedly reviewing modalities for banning or regulating cryptocurrencies in the country. According to Bloomberg Quint, reports indicate that the government is in talks with financial regulators and industry stakeholders …
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El Salvador reportedly weighs paying employees in Bitcoin (BTC)
Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their employees in Bitcoin. …
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Dutch finance minister: “The Netherlands should regulate crypto instead of banning it”
A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total ban on crypto. The Netherlands …
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Iranian President Hassan Rouhan calls for crypto regulation to mitigate risks
Iran wants to “preserve and protect national interests” in the field of digital currencies and cryptocurrencies, Iranian President Hassan Rouhani told a meeting of the cabinet’s economic coordination board this week. Fast …
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UK Starling bank will resume crypto exchange deposits at the end of June
Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week. A spokesperson for Starling told Cointelegraph on Tuesday that …
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Central bank of Nigeria does a u-turn on Bitcoin ban and says they now “allow” it
According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies. In February this year, CBN Director Bello Hassan signed …
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Crypto is going to “come to life” in Nigeria, central bank governor says
At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the …
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Nebraska signs law allowing state banks to store cryptocurrency
A crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law today in Nebraska. The Nebraska Financial Innovation Act was …
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