PayPal has announced a temporary suspension of cryptocurrency sales within the United Kingdom for a minimum of three months, commencing on October 1. This decision is in direct response to the recent regulatory reforms introduced by the Financial Conduct Authority, Britain’s financial regulator. The FCA is set to implement more stringent guidelines aimed at curbing…
Este artículo también está disponible en español. As Donald Trump prepares to take office for another term, speculation is intensifying regarding the future of crypto regulation, particularly concerning the leadership of the US Securities and Exchange Commission (SEC). Recent social media posts by FOX journalist Eleanor Terret suggest that SEC Chairman Gary Gensler may be…
Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has been granted crypto registration by the French markets watchdog Autorite des marches financiers (AMF). According to a recent announcement made by the exchange, this approval allows Gemini to offer its services as a virtual asset services provider in France. The company plans to roll out its…
Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional measures that impact cryptocurrency holders.…
Aaron Krowne is Partner & Practice Group Lead Blockchain & Corporate, at Industria Business Lawyers (IBL Partners) a technology-forward distributed law firm. Why you should listen Since its founding in 2018, IBL Partners has leveraged versatility and technology to deliver professional and sophisticated legal services for innovators in the twenty-first century technology sector. Advances in…
Major U.S. banking trade groups, including the Bank Policy Institute, Association of Global Custodians, and Financial Services Forum, are lobbying the SEC to restrict crypto custody to banks, citing “investor protection.” Their September 18 letter, representing $234 trillion in assets under custody, argues that only banks as “qualified custodians” should hold crypto, dismissing self-custody and…
It seems UK users will soon be unable to access Monero on one of the leading crypto exchanges. There have always been concerns around the Bitcoin competitor regarding the absolute privacy that the digital asset confers. Until now, it remains impossible to track/trace Monero transactions, making it the ultimate privacy coin, and governments are worried…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
The 2024 election delivered a resounding victory for the cryptocurrency industry, ushering in a wave of pro-crypto lawmakers Pro-crypto lawmakers included West Virginia Governor Jim Justice’s successful bid for the U.S. Senate seat formerly held by Democrat Joe Manchin. Justice’s victory, flipping a seat held by Democrats since 1959, signals a significant shift in the…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…