Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October

The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for... Read more »

EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets

The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism financing.” Moreover,... Read more »

Zimbabwe Proposes Inclusion of VASPs in Its Securities Law — Move Applauded as ‘Step in Right Direction’

The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of... Read more »

Here are the details of Paraguay’s “Bitcoin Law” proposal

Congressman Carlos Rejala and Senator Fernando Silva Facetti presented their final version of the long announced and anticipated crypto regulation initiative before the National Congress of Paraguay. In line with the national... Read more »

South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law

A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct... Read more »

Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor

The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish... Read more »

Opposition poses constitutional challenge to El Salvador’s Bitcoin law

El Salvador’s grand plans to promote Bitcoin adoption could be turned on their head if President Bukele’s Bitcoin law is proven to be unconstitutional in the country’s courts. A group of citizens... Read more »

Latin American Countries Eye Bitcoin Adoption After El Salvador Passed Bitcoin Law

A number of lawmakers in Latin American countries have expressed their interest in bitcoin following El Salvador passing the law making the cryptocurrency legal tender. The countries include Paraguay, Argentina, Panama, Brazil,... Read more »

Indian Law Enforcement Investigating WazirX Exchange

Key Takeaways India’s Directorate of Enforcement has issued a show-cause notice to WazirX for violating foreign exchange laws. WazirX is accused of making unreported transactions with Binance and failing to comply with... Read more »