Cryptocurrency Analysis and News Portal
Resolution 215 of 2021 issued by the Banco Central de Cuba (BCC) — the country’s central bank — recognizing cryptocurrencies like Bitcoin (BTC) is now in effect.According to Cuba’s official state news agency Prensa Latina, the order became official on Wednesday.With crypto legally recognized by the BCC, Bitcoin and other cryptocurrencies can
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Australian buy now pay later (BNPL) giant Afterpay — now part of Jack Dorsey's Square — has said that it is likely to pursue cryptocurrency services once the regulatory framework is clear. Following on from Afterpay’s submission to the Senate inquiry into “Australia as a Technology and Financial Center” which
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Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance “may be in breach of the Payment Services Act.” Binance
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A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based transactions. The project is being reviewed
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The government of Kyrgyzstan is moving forward with cryptocurrency adoption by introducing a national regulatory framework for crypto trading platforms.Kyrgyzstan’s State Service for Regulation and Supervision of Financial Markets (Gosfinnadzor), a regulatory agency operating under the Ministry of Economy and Finance, has developed a draft provision for regulating crypto exchanges,
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The Financial Services Agency (FSA) of Japan has begun consultations about placing tougher restrictions on cryptocurrencies in an effort to better safeguard Japanese investors. The new rule will be aimed at enhancing investor protection in Japan. Earlier this year, the FSA created a specialized department and a panel of financial specialists
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The President of the Banco Central do Brasil (BCB) also known as the Central Bank of Brazil has stated that it is important to have robust cryptocurrency regulatory policies in place, to address the increased interest in the nascent technology. Cryptocurrency to Exist With Brazil’s Instant Payment System According to Bloomberg, Roberto
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Banco Central de Reserva (BCR), the central bank of El Salvador, has published draft regulations for banks and other financial institutions looking to offer bitcoin-related services. Draft Regulations for Bitcoin Digital Wallet Services The BCR released the document titled “Guidelines for the Authorization of the Operation of the Digital Wallet Platforms for
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The central bank of El Salvador, Banco Central de Reserva (BCR), has published draft regulations on how banks should handle Bitcoin.Two documents were released for consultation on Aug. 17 instructing banks and financial institutions how to offer Bitcoin-related services to their customers.The first, titled “Guidelines for the Authorization of Operation
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