Sunday, January 17, 2021

Regulation

Following Brexit, the UK asks crypto industry about rules for cross-border stablecoins

Her Majesty's Treasury requests and requires the crypto industry's input on prospective regulation.In a Jan. 7 announcement of open consultation, the United Kingdom's finance policy...

Zuckerberg blocks Trump from Facebook until at least end of term

On Thursday, Mark Zuckerberg took to Facebook to announce the end of Trump's reign — on the platform anyway.Yesterday's rally on Capitol Hill in...

Social networks and the digital economy: A preview of IMVU’s VCOIN

When the Securities and Exchange Commission gave its blessing to social media platform IMVU to launch VCOIN, it was a major leap forward for...

South Korea to introduce a 20% tax on crypto trading profits in 2023

The South Korean government issued an amendment on Wednesday to introduce a tax on profits from cryptocurrency trading.Following a legislative notice lasting until Jan....

‘Two cops on the beat’: Regulator wants sole authority to charter fintech firms

Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned...

Trump bans Chinese payment apps, including AliPay and WeChat Pay

With just two weeks left in office, President Trump has sent out a new executive order targeting Chinese payment apps. The Jan. 5 order bars U.S....

XRP sinks below LTC again after new lawsuit from major investor

XRP has once again lost its place as the fourth-largest cryptocurrency, with lawsuits mounting against Ripple after one of its major investors followed the...

Andreessen Horowitz joins push against FinCEN’s 11th-hour crypto rules

Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United...