coins

Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils

January 7, 2022 Bitcoin.com

bitcoin.com

Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance of crypto trade in 2022. Thailand Urges Crypto Traders to Report […]

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Over 20,000 Bitcoin ATMs Installed in a Year

December 30, 2021 Bitcoin.com

ATM

The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available Globally ATM locations offering users options to buy and […]

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Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

December 28, 2021 Bitcoin.com

bank

The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As part of efforts […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

December 26, 2021 Bitcoin.com

application

Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto Trading Platforms and Token Issuers File for Licenses in Serbia Authorities in Serbia […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Pakistanis Own $20 Billion in Crypto, Report Reveals

December 23, 2021 Bitcoin.com

Bitcoin

In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency The Pakistani nation […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets

December 18, 2021 Bitcoin.com

Adoption

The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Russian Parliament Sets Up Working Group on Cryptocurrency Regulations

November 26, 2021 Bitcoin.com

Anatoly Aksakov

A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining and the introduction of taxation. Working Group […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

November 26, 2021 Bitcoin.com

Bitcoin

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able to trade digital currencies […]

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Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet

November 14, 2021 Bitcoin.com

bankrupt

The Russian Ministry of Interior has rejected a request filed by clients of Wex to do its part in the blocking of crypto funds removed from a wallet controlled by the now-defunct crypto exchange. Over 10,000 ETH have been recently withdrawn from the wallet and transferred to other platforms. Wex Victims Try to Freeze $46 […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

G7 Finance Ministers and Bankers Adopt Guidelines for Central Bank Digital Currencies

October 15, 2021 Bitcoin.com

bitcoin.com

Any digital currency issued by a central bank must support financial and monetary stability, finance leaders from G7 member states have insisted. State-issued coins should also ensure privacy, transparency, and data protection, the officials stated. The forum adopted 13 public policy principles for retail digital currencies and stressed that “CBDCs are not ‘cryptoassets.’” CBDCs Must […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions