Regulation
New Zealand introduces OECD crypto reporting framework in new tax bill
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and...
Telegram CEO Pavel Durov's arrest has worrying implications for crypto
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology. Source link
PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT. Source link
Kraken Says Exchange Will Win Against SEC, Urges Congress To Pass Comprehensive Regulatory Framework for Crypto
Kraken says the crypto exchange is confident it will win its legal battle with the U.S. Securities and Exchange Commission...
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with...
Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs...
French authorities to issue statement on Pavel Durov’s detention
It remains unclear if Durov has been officially arrested or charged. Source link
US Banks Paying $470,000,000 To Regulators Over Widespread Recordkeeping Failures and ‘Off-Channel’ Communication Methods
More than two dozen Wall Street firms including Bank of New York Mellon and Truist have agreed to pay a...
Telegram issues official statement on Pavel Durov detention
The Telegram team said, "Telegram's CEO Pavel Durov has nothing to hide and travels frequently in Europe." Source link
Coinbase Policy Chief Endorses Kamala Harris’ Crypto Industry Expansion Policy Efforts
The policy chief of the largest US-based crypto exchange by trading volume is backing Kamala Harris’ efforts to work with...