Altcoin News

Fire will be banned by the Malaysian government!

The Malaysian Securities Regulatory Commission (SC) announced that it has taken enforcement action against Huobi Global and its CEO, Leon Li, accusing it of illegally operating a digital asset exchange (DAX) in Malaysia and ordering the company Horse operations ceased immediately. The Malaysian Securities Regulatory Commission issued a statement today (22nd), publicly condemning Huobi and …

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Holding 800,000 WEMIX proposals to “delay cryptocurrency taxation”!

Kim Nam-kuk, a lawmaker from South Korea’s main opposition Democratic Party (DP), has sparked controversy for previously not disclosing that he held and traded 6 billion won ($4.5 million) worth of cryptocurrencies in early 2022, but he has denied any misconduct. It is reported that Kim Nam-kuk proposed a bill to postpone the taxation of …

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Let the Financial Supervisory Commission set up a “Virtual Asset Bureau”!

The Taiwan Financial Supervisory Commission was previously designated by the Executive Yuan as the competent authority for virtual asset platforms with “financial investment” or “payment nature”. In this regard, legislator Jiang Yongchang has recently jointly signed a proposal to amend the relevant provisions of the “Financial Supervisory Commission Organic Law”, proposing to add a “Virtual …

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Coinbase strikes back! Petitions Court to Force SEC to Clarify Cryptocurrency Regulations

Coinbase, the leading cryptocurrency exchange in the United States, officially launched a “counterattack” against the US Securities and Exchange Commission (SEC) on Monday (24th), requesting the federal court to force the SEC to respond to Coinbase’s request for “clarifying cryptocurrency regulations.” Coinbase sent a so-called “rulemaking petition” to the SEC in July last year, asking …

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The European Union passed the world’s first cryptocurrency regulation bill “MiCA”

The European Parliament passed the landmark “Encrypted Asset Market Supervision Act (MiCA)”, paving the way for a European-wide cryptocurrency regulatory path, and also made the EU run ahead of the United Kingdom and the United States, becoming the first country to comprehensively introduce a regulatory framework for encrypted assets Primary Jurisdiction. EU lawmakers passed the …

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Hong Kong will establish the “Web3.0 Association” tomorrow

The Hong Kong government has been actively promoting the development of the Web3 ecosystem recently. According to sources quoted by “Sing Tao Daily”, a number of Chinese and Hong Kong financial technology companies, industry leaders, and legislators in the innovation and technology circles will form the “Hong Kong Web3.0 Association”, which is expected to be …

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