Financials

Despite Bitcoin’s strong performance, Anatoly Aksakov believes it will soon fall back to Earth. Some crypto stalwarts have also expressed concern over the sustainability of Bitcoin’s recent performance. Bitcoin’s rally has impressed some of the cryptocurrency’s most ardent critics so far. However, it would hardly be Bitcoin if the haters didn’t have …

Continue ReadingRussian Lawmaker Estimates Bitcoin Price Drop Amid Race for Record High

The United Kingdom’s financial watchdog, the Financial Conduct Authority, has published a new warning to investors. In a recent statement published on its page, the regulator is warning UK investors to be wary of investing in crypto tokens and lending schemes. The financial regulator wants investors to stay clear of crypto investments unless …

Continue ReadingUK Investors Risk Losing their Funds Investing in Cryptocurrencies: FCA

Stablecoins are expected to have an impressive year in 2021, benefiting from the surge in crypto prices. It would appear that the year has begun swimmingly, as the British government appears to be embracing this innovative asset class. Definitions to Provide a Regulatory Scope Earlier this week, Her Majesty’s Treasury, the United …

Continue ReadingUK Treasury Seeks Input on Stablecoin Regulations

Kenya is one of Africa’s top countries when it comes to crypto adoption. With a thriving crypto industry set to grow even more over time, the government is setting a strong tax structure. The Tax Man Cometh According to local news sources, Kenya’s Digital Service Tax (DST) is set to come into effect this …

Continue ReadingKenya’s New Tax Regulation Would Levy Crypto Firms 1.5% Starting this Year

Bitcoin’s recent price rally has sparked a new wave of optimism from investors and analysts. However, some remain cautious about regulatory moves that the incoming administration might bring. For analyst and trader Max Keiser, however, the only way for Bitcoin at this point is up. Regulators Have Nothing on Bitcoin Speaking to …

Continue ReadingMax Keiser Downplays Impact of Strict Crypto Regulations from Biden Administration 

The Financial Conduct Authority (FCA) has done a great deal of work to regulate the crypto industry in the UK. This year’s focus centers on registration, requiring that companies in the space register their names and activities. However, it appears to be having difficulties with processing the sheer number of companies.  Leeway …

Continue ReadingFCA Approves Temporary Licenses for Crypto Firms Following Application Backlog 

 Privacy in the crypto space has been one of the most significant talking points this year, with countries looking to improve tracking abilities for digital currencies and essentially demystify the space. France is taking a similarly hardline approach to several other countries as the country is moving to put a clamp on …

Continue ReadingNew French Legislation Cracks Down on Anonymous Crypto Accounts