Stablecoins Have ‘Increasing Relevance’ in Illicit Amazon Gold Trade: GI-TOC
Tether’s $USDT stablecoin has become a means of payment in the illicit trade of gold into Venezuela, according to a…
Category: Legal
Binance secures double court wins in ATA lawsuits
Binance exchange has won two major legal cases in two weeks, after a U.S. federal court in Alabama dismissed all…
Tax-Free Bitcoin for Coffee? BPI Explains Exemption Fight
If you want to buy a $4 latte with Bitcoin, you owe the IRS a capital gains calculation simply because…
Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting
Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting Paraguay’s National Directorate of Tax Revenue (DNIT) has issued…
Thai SEC Pursues Crypto Promoter as Investors Claim $40M Losses From Online Scheme
Thailand’s Securities and Exchange Commission (SEC) has confirmed that legal action against cryptocurrency promoter Worawat Narknawdee, also known as “Acme…
US regulators target equity tokenization, prediction markets growth in new recommendations
America’s two principal financial market regulators appear to be moving in concert in terms of providing clarity for some of…
SEC’s advisory group backs tokenized securities push, outlines how to keep it safe
A committee that advises the U.S. Securities and Exchange Commission recommended the agency move forward on a tokenized-securities policy that would…
Stricter MiCA rules could thin crypto industry across the EU, says Swiss wealth manager
The European Union’s recently-adopted Markets in Crypto Assets (MiCA) regulations is beginning to reshape the region’s digital-asset industry, creating new…
Senate Democrats push ban on prediction market bets tied to war and death
Sen. Adam Schiff (D-CA) has introduced proposed legislation that would ban prediction market contracts tied to terrorism, war, assassination, and…
Is South Korea Going Anti-Crypto? Three Moves, One Week
Three policy developments from South Korea in a single week have fed a growing sense among industry participants that regulators…