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Switzerland’s New Stablecoin Guidelines: 3 Things You Should Know

Switzerland’s New Stablecoin Guidelines: 3 Things You Should Know

The Swiss Financial Market Supervisory Authority (FINMA) issued new guidelines for stablecoins added as a supplement to its existing guidelines for initial coin offerings (ICOs) to outline how stablecoins are treated under the Swiss supervisory law.

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

Serbian Citizen Extradited to US to Face Crypto-Related Fraud Charges

An accused scammer has arrived in the US from Serbia to face charges that he and other six conspirators involved in a crypto fraud scheme that defrauded investors out of over $70 million.

Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding

Equating Cryptocurrency Solely with Illegal Conduct Lacks Understanding

Cryptocurrency has its benefits, but several consumers are still unaware of what they are because of security concerns and how the technology functions. In a recent interview, Coleman Watson – Managing partner Watson LLP – identified that while many people are interested in using cryptocurrency, lack of understanding remains a major hurdle.

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

Democrats Request Trump Administration Briefing on Enormous Seizure of Cryptocurrency Terrorism Funding

House Democrats have asked the Trump Administration for a debriefing on the enormous Bitcoin and crypto seizure intended for Hamas, al-Qaeda, and Islamic State terrorists.

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.

New Money Theory in Action: Circle's USDC Stablecoin

New Money Theory in Action: Circle's USDC Stablecoin

Circle is gearing up for 2020 with a renewed deep focus on stablecoins and the powerful potential they hold for people, enterprises, and governments globally.

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban

Pakistani Judge Challenges Federal Authorities Over Cryptocurrency Ban

Justice Muhammad Iqbal Kalhoro of the Sindh High Court (SHC) has challenged the State Bank of Pakistan's ban on cryptocurrencies in 2018.

Ripple (XRP) Whale Addresses Reach New All-Time High as Price Surges, Despite Regulatory Unclarity

Ripple (XRP) Whale Addresses Reach New All-Time High as Price Surges, Despite Regulatory Unclarity

Data suggests that as the number of holders with large amounts of XRP has been rising, also contributed to the coin’s growth.

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

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