Tag: CryptoPolicy

Indian Finance Minister Nirmala Sitharaman said crypto assets regulation should be an international priority and will be a hot topic at a summit next month, opening India’s yearlong presidency of the Group of 20 nations. The country will host the annual G-20 summit next year and thus help shape the agenda. Speaking at an annual…

Apple has updated its App Store Review Guidelines with more rules for crypto assets, Web3 games, and NFTs. The tech giant’s ban on peer-to-peer NFT trading de facto remains. Apple also reaffirms its longstanding policy preventing links to alternative payment methods. According to the new rules published on Oct. 24, the tech corporation has no…

The Organisation for Economic Co-operation and Development (OECD) published the long-awaited crypto tax framework on Oct.10. The document is meant to formalize information sharing between the 38 member countries, through automatically sharing crypto-related taxpayer information between jurisdictions. According to a release, the information sharing intends to, “target any digital representation of value that relies on…

Crypto exchange Huobi Global said it will delist seven privacy tokens in the coming week, citing broader regulatory scrutiny of such tokens. The company claimed it is complying with regulations in different countries and regions. Privacy tokens lost 0.42% in 24 hours following the news. Spot and futures trading of the tokens was paused last…

Rune Christensen, a MakerDAO co-founder, has reached out to the community in light of recent conversations about decoupling its native token from USD Coin (USDC) amid the sanctioning of Tornado Cash to explain why free-floating DAI may be the only option for the decentralized autonomous organization (DAO). In his blog post titled “The Path of…

Major crypto companies are flocking to the UAE in hopes of tapping a potentially lucrative market, but a long road still lies before them, writes Sebastian Sinclair on Blockworks. A raft of exchanges hope to take advantage of United Arab Emirates’ digital asset ambitions But seemingly friendly jurisdictions have turned out to be regulatory nightmares…