Policy
Here's the Full Text of Biden's Executive Order on Cryptocurrency
"We must support technological advances that promote responsible development and use of digital assets," the president says.
Thailand Eases Tax Rules on Digital Assets Until 2023
Crypto traders on government-approved exchanges will be exempt from a 7% value added tax (VAT), the country's finance minister said at a cabinet meeting.
China’s Supreme Court Targets Illegal Fundraising Via Crypto Transactions
The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000.
India's Crypto Advertising Guidelines Are Out
The primary guideline requires all ads involving virtual digital assets to include a specific disclaimer.
Brazilian Senate Committee Approves Bill Regulating Crypto Transactions
The project, introduced by Senator Flávio Arns, has to be voted on by the Senate plenary and then, if approved, by the Brazilian Chamber of Deputies.
Huobi Plans Return to US Months After Shuttering China Business
The company will focus on asset management instead of an exchange business.
Federal Reserve Security Trading Ban Formally Adopted and Extended to Cryptos
The move follows last year's controversial disclosures of top central bank officers actively trading markets, often ahead of key policy decisions.
China Casts Long Shadow Over Hong Kong's Once-Vibrant Crypto Industry
The city's regulators are looking to finally provide some clarity. Will it be enough to retain crypto companies leery of China's growing sway?
Bipartisan Senate Proposal Raises Alarm Over El Salvador's Bitcoin Adoption
The legislation quickly drew a sharp rebuke from El Salvador President Nayib Bukele.
