Policy
India to Ban Crypto as Payment Method but Regulate as Asset: Report
The Modi government will also ban active solicitation from crypto firms, such as ads.
Argentina to Tax Crypto Exchanges
The Latin American country will levy a 0.6% tax on the exchanges on cryptocurrency purchases and sales.
Some Chinese Crypto News Sites Appear to Go Dark as Crackdown Continues
ChainNews, Odaily and Block123 were unavailable on Nov. 17.
Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report
Africa’s first CBDC launched in late October.
Russian Ministries, Duma Want to Legalize Crypto Mining: Report
The Russian central bank opposes the measure.
European Commission Urges Members to Agree on Crypto Regulations
The commission is hoping to finalize its proposed regulatory sandbox for financial products based on distributed ledger technology by the end of the year.
Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.
Huobi Global to Expel Singapore Users, Citing Local Regulations
The exchange is looking to expand overseas to make up for lost Chinese users.