Crypto Policy News
The Crypto industry is still young and largely unlegislated. But that doesn’t mean that national lawmakers don’t find much interest in it. On the contrary, governments are increasingly looking to regulate crypto.
They establish crypto legal frameworks by updating old policies and introducing new ones. Some countries find crypto to be dangerous and standing in the way of regulated control of money, while others welcome it due to its capacity to boost economies.
Whatever the case, TradeCrypto is here to update you on all the latest policy changes and introductions. To help you stay in tune with this extremely important aspect of the industry, we also run a helpful Legal Regulations Academy section.
In voting, 566 out of 705 members of the Parliament of the European Union supported a crypto tax-related resolution, proposed by member Lídia Pereira. The resolution is not a binding one, meaning that the European Parliament only recommends that the 27 member-states introduce new crypto tax practices. These include more convenient taxation of those crypto […]
Uzbekistan blocks access to foreign crypto exchanges over unregistered trading.
The most popular social media platform in China, WeChat, will ban all accounts that offer crypto and NFT services on the platform. This also includes secondary NFT trading. Between May and September last year, the Chinese government started to enforce a phased ban on the crypto sector. This followed a joint statement issued by the […]
The Nigerian Securities and Exchange Commission (SEC) has published new rules for regulating cryptocurrencies and equated them to securities.
Cryptocurrency exchange Coinbase has launched a line of anti-illegal transactions and regulatory compliance products.
Georgia has been one of the Bitcoin mining paradises because the country is rich in hydropower, it has quick and efficient business procedures, and is conveniently located on the crossroad between Europe and Asia. Around half of the total mining capacity in Georgia is at an industrial level but the country is also home to […]
Estonian government drafted a new amendment that addresses the Virtual Asset Service Providers, which alarmed the crypto industry.
Polish Banks announce their efforts to launch CBDC: Poland begins to open to new cryptocurrency via public banks.