カテゴリー: finance ministry

Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Indian Court Moves Crypto Hearing, Community Calls for Positive RegulationsIndia’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank. Meanwhile, the crypto community in India is campaigning on social media for “positive regulations” and the rollback of the banking ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Supreme Court […]

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Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports […]

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Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes

Ukrainians Advised to Pay 19.5% Tax on Crypto IncomesIn the absence of dedicated regulation, Ukrainians are expected to pay the regular 19.5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained. Crypto investors are free to report their digital funds as either property or financial assets. Also read: Uzbekistan […]

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Only Seven Crypto Firms Authorized to Legally Operate in Thailand

Only Seven Crypto Firms Authorized to Legally Operate in ThailandThe Thai Securities and Exchange Commission (SEC) has announced the names of seven cryptocurrency firms that have been authorized to legally operate in the country. Five of them are crypto exchanges; two are cryptocurrency dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Seven Crypto Firms Authorized The Thai SEC has announced the names […]

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Reports: India’s Crypto Regulations Delayed, Government Considers ‘Crypto Tokens’

Reports: India's Crypto Regulations Delayed, Government Considers ‘Crypto Tokens’The Indian government previously planned to submit the proposal for crypto regulations in July. However, a senior official has revealed that the regulatory framework for cryptocurrencies in India has been delayed and will likely be ready by the year’s end. Meanwhile, the government is reportedly considering “launching crypto tokens for financial transactions.” Also read: Yahoo! Japan […]

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Crypto Friendly Policies Rapidly Drawing Companies to Thailand

Crypto Friendly Policies Rapidly Drawing Companies to ThailandSoon after Thailand adopted its regulations for cryptocurrencies and initial coin offerings (ICOs), companies reportedly pile up to apply for licenses to operate in the country. According to the Thai Securities and Exchange Commission, about 50 ICO projects are seeking to launch, five portals plan to open for business and 20 crypto exchanges have applied […]

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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept

Ukraine’s Financial Stability Council Supports Crypto Regulatory ConceptUkraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. The body includes representatives of the National Bank, the Finance Ministry and other government agencies. Also read: Minsk Mulls Rules for […]

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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

Indian Central Bank Justifies Its Crypto Stance - Outlines Key Areas of ConcernThe Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Main […]

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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

Indian Central Bank Justifies Its Crypto Stance - Outlines Key Areas of ConcernThe Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Main […]

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Thailand Officially Announces Rules for Token Issuers, Portals, and Investors

Thailand Officially Announces Rules for Token Issuers, Portals, and InvestorsThe Thai Securities and Exchange Commission (SEC) has officially announced its regulations for initial coin offerings (ICOs). The rules specify requirements for ICO portals, issuers, as well as who can invest in tokens. The Commission has also provided a series of infographics to explain the regulations. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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