# Regulation News

Canonical URL: https://www.tokenpost.com/news/regulation?page=102
Page 102 of 123. Articles are ordered by original publication time, newest first. Summaries below are excerpts; follow each full-text link for the complete article.

## [Donated or inherited crypto will be taxed by the South Korean government starting 2022](https://www.tokenpost.com/news/regulation/9441)

By Mark Jason Alcala | Regulation
Published: 2021-12-31T15:05:27.000Z
Updated: 2022-01-03T12:28:38.000Z

Inherited or gifted digital assets will be taxed based on the average price of the crypto the month before and after the date of the donation or the date of the commencement of inheritance.

[Full text](https://www.tokenpost.com/news/regulation/9441.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9441.json)

## [Crypto mining activities in Iran temporarily banned until March 2022](https://www.tokenpost.com/news/regulation/9438)

By Mark Jason Alcala | Regulation
Published: 2021-12-31T06:20:06.000Z
Updated: 2021-12-31T06:20:06.000Z

The temporary ban on crypto mining is expected to free up 209 megawatts of power for household use,

[Full text](https://www.tokenpost.com/news/regulation/9438.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9438.json)

## [Russia plans additional reporting requirements for money transfers by individuals including crypto traders](https://www.tokenpost.com/news/regulation/9434)

By Mark Jason Alcala | Regulation
Published: 2021-12-29T13:12:31.000Z
Updated: 2021-12-29T13:12:31.000Z

Bank of Russia sad that the move is aimed at identifying risk areas associated with the use of payment cards and wallets issued to fictitious individuals by cryptocurrency exchangers, online casinos, and unscrupulous …

[Full text](https://www.tokenpost.com/news/regulation/9434.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9434.json)

## [Crypto scammer that targeted both Thai and foreign investors arrested in Bangkok](https://www.tokenpost.com/news/regulation/9430)

By Mark Jason Alcala | Regulation
Published: 2021-12-28T12:21:15.000Z
Updated: 2021-12-28T12:21:15.000Z

The crypto scammer duped his victims into investing by promising high returns of up to 400 percent in just 200 days.

[Full text](https://www.tokenpost.com/news/regulation/9430.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9430.json)

## [Turkey fines crypto exchange Binance for violating the AML Law](https://www.tokenpost.com/news/business/9426)

By Mark Jason Alcala | Regulation
Published: 2021-12-27T10:49:18.000Z
Updated: 2021-12-27T10:49:18.000Z

The country’s Financial Crimes Investigation Board (MASAK) has imposed an 8 million lira (around $750,000) fine on Binance Turkey.

[Full text](https://www.tokenpost.com/news/business/9426.md) | [Citation metadata](https://www.tokenpost.com/news/business/9426.json)

## [India’s crypto bill won’t likely be taken up during Parliament’s Budget Session](https://www.tokenpost.com/news/regulation/9425)

By Mark Jason Alcala | Regulation
Published: 2021-12-27T06:29:34.000Z
Updated: 2021-12-27T06:29:34.000Z

The government reportedly “wants to hold wider consultations on the matter” and it is highly unlikely that the bill will be drafted before March as the Finance Ministry and institutional stakeholders have other priori…

[Full text](https://www.tokenpost.com/news/regulation/9425.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9425.json)

## [Japan’s taxation scheme driving crypto businesses out of the country](https://www.tokenpost.com/news/business/9424)

By Mark Jason Alcala | Regulation
Published: 2021-12-27T03:14:05.000Z
Updated: 2021-12-27T03:14:05.000Z

Japan’s recently approved tax plan might negatively impact the country’s crypto sector.

[Full text](https://www.tokenpost.com/news/business/9424.md) | [Citation metadata](https://www.tokenpost.com/news/business/9424.json)

## [El Salvador purchases 21 Bitcoin to celebrate the last 21st day of the year 21 of the 21st century](https://www.tokenpost.com/news/investing/9418)

By Mark Jason Alcala | Regulation
Published: 2021-12-22T12:43:03.000Z
Updated: 2021-12-22T12:43:03.000Z

The number of BTC purchased is also to commemorate the scarcity of Bitcoin’s supply, which is only limited to only 21 million BTC by design.

[Full text](https://www.tokenpost.com/news/investing/9418.md) | [Citation metadata](https://www.tokenpost.com/news/investing/9418.json)

## [IMF chief economist says crypto could be challenging for emerging markets](https://www.tokenpost.com/news/insights/9412)

By Mark Jason Alcala | Regulation
Published: 2021-12-20T15:57:57.000Z
Updated: 2021-12-20T15:57:57.000Z

Banning cryptocurrencies would pose a practical challenge for regulators due to the decentralized nature of digital currencies.

[Full text](https://www.tokenpost.com/news/insights/9412.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9412.json)

## [Bill that will regulate the mining and trading of Bitcoin and other cryptos gets approval by Paraguay’s Senate](https://www.tokenpost.com/news/regulation/9411)

By Mark Jason Alcala | Regulation
Published: 2021-12-19T14:50:33.000Z
Updated: 2021-12-19T14:50:33.000Z

Once the bill is passed, the Industry and Commerce Secretariat, along with the National Securities Commission, Anti-Money Laundering Office, and National Electricity Administration, will regulate the crypto mining ind…

[Full text](https://www.tokenpost.com/news/regulation/9411.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9411.json)

## [Misleading crypto ads by Coinbase, eToro, Papa John’s, and Luno banned by UK regulator](https://www.tokenpost.com/news/regulation/9407)

By Mark Jason Alcala | Regulation
Published: 2021-12-19T05:34:56.000Z
Updated: 2021-12-19T05:34:56.000Z

The Advertising Standards Authority banned seven crypto ads on December 15 for “irresponsibly taking advantage of consumers’ inexperience and for failing to illustrate the risk of the investment.”

[Full text](https://www.tokenpost.com/news/regulation/9407.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9407.json)

## [Bank of England concerned over the rapid growth of crypto and DeFi](https://www.tokenpost.com/news/regulation/9404)

By Mark Jason Alcala | Regulation
Published: 2021-12-15T12:21:28.000Z
Updated: 2021-12-15T12:21:28.000Z

No major banks in the U.K. have direct exposure to crypto but they are starting to offer related services such as custody and derivatives trading.

[Full text](https://www.tokenpost.com/news/regulation/9404.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9404.json)

## [Stablecoin Tether becomes the official currency of Myanmar’s National Unity Government](https://www.tokenpost.com/news/regulation/9401)

By Mark Jason Alcala | Regulation
Published: 2021-12-14T12:50:34.000Z
Updated: 2021-12-14T12:50:34.000Z

The NUG is hopeful that using the world’s largest stablecoin as an official currency could potentially make it easier for it to raise funds and make payments.

[Full text](https://www.tokenpost.com/news/regulation/9401.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9401.json)

## [Russia to allow foreigners to use its CBDC and open digital ruble wallets](https://www.tokenpost.com/news/technology/9400)

By Mark Jason Alcala | Regulation
Published: 2021-12-14T05:49:38.000Z
Updated: 2021-12-14T05:49:38.000Z

Russia’s monetary authority will allow users not residing within its jurisdiction to open and use digital ruble wallets and will facilitate the CBDC’s conversion to foreign currencies by non-residents.

[Full text](https://www.tokenpost.com/news/technology/9400.md) | [Citation metadata](https://www.tokenpost.com/news/technology/9400.json)

## [BTC scammers use Narendra Modi's Twitter account to announce India’s Bitcoin adoption](https://www.tokenpost.com/news/technology/9398)

By Mark Jason Alcala | Regulation
Published: 2021-12-13T05:21:20.000Z
Updated: 2021-12-13T05:21:20.000Z

The PM’s office also advised everyone to ignore any social media post made using Modi’s personal account during the time it was compromised.

[Full text](https://www.tokenpost.com/news/technology/9398.md) | [Citation metadata](https://www.tokenpost.com/news/technology/9398.json)

## [Regulators should provide crypto firms with compliance tools before enforcing fines, says CFTC Commissioner](https://www.tokenpost.com/news/insights/9396)

By Mark Jason Alcala | Regulation
Published: 2021-12-09T14:19:08.000Z
Updated: 2021-12-09T14:19:08.000Z

CFTC Commissioner Dawn Stump noted that it’s becoming commonplace for regulators including her own agency to punish firms without giving them the necessary guidance for compliance.

[Full text](https://www.tokenpost.com/news/insights/9396.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9396.json)

## [South Korea postpones crypto tax implementation to 2023](https://www.tokenpost.com/news/regulation/9391)

By Mark Jason Alcala | Regulation
Published: 2021-12-07T06:02:05.000Z
Updated: 2021-12-07T06:02:05.000Z

Some lawmakers argued that there are no measures in place that will help identify taxable income from crypto trading done via overseas exchanges.

[Full text](https://www.tokenpost.com/news/regulation/9391.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9391.json)

## [Grayscale questions SEC’s rejection of VanEck’s spot Bitcoin ETF application](https://www.tokenpost.com/news/investing/9385)

By Mark Jason Alcala | Regulation
Published: 2021-12-02T07:48:03.000Z
Updated: 2021-12-02T07:48:03.000Z

The company claimed that SEC’s decision has been “arbitrary and capricious” considering that the agency already approved three Bitcoin futures ETFs.

[Full text](https://www.tokenpost.com/news/investing/9385.md) | [Citation metadata](https://www.tokenpost.com/news/investing/9385.json)

## [Indonesia could launch a CBDC to counter cryptos such as Bitcoin](https://www.tokenpost.com/news/insights/9383)

By Mark Jason Alcala | Regulation
Published: 2021-11-30T15:32:32.000Z
Updated: 2021-11-30T15:32:32.000Z

A Bank Indonesia official said that a CBDC would be one of the tools to fight crypto.

[Full text](https://www.tokenpost.com/news/insights/9383.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9383.json)

## [India prepares to tackle crypto bill but there’s no proposal to recognize Bitcoin as currency](https://www.tokenpost.com/news/regulation/9382)

By Mark Jason Alcala | Regulation
Published: 2021-11-30T13:02:27.000Z
Updated: 2021-11-30T13:02:27.000Z

Finance Minister Nirmala Sitharaman revealed that there is no proposal from the government to recognize Bitcoin as currency in the country.

[Full text](https://www.tokenpost.com/news/regulation/9382.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9382.json)

## [Thailand is targeting crypto-owning tourists](https://www.tokenpost.com/news/business/9378)

By Mark Jason Alcala | Regulation
Published: 2021-11-30T04:18:10.000Z
Updated: 2021-11-30T04:18:10.000Z

The government sees a huge opportunity in luring rich crypto-owning tourists which could help offset lost tourism revenue due to the coronavirus pandemic.

[Full text](https://www.tokenpost.com/news/business/9378.md) | [Citation metadata](https://www.tokenpost.com/news/business/9378.json)

## [Singapore-based crypto exchange unfazed by regulatory uncertainties and enters Indian market](https://www.tokenpost.com/news/business/9376)

By Mark Jason Alcala | Regulation
Published: 2021-11-29T12:07:37.000Z
Updated: 2021-11-29T12:07:37.000Z

Recently, there were speculations that the government could impose a ban on private crypto based on a bulletin posted on the Indian parliament’s website Lok Shabha.

[Full text](https://www.tokenpost.com/news/business/9376.md) | [Citation metadata](https://www.tokenpost.com/news/business/9376.json)

## [Russians among world’s most active crypto traders, says Bank of Russia](https://www.tokenpost.com/news/insights/9372)

By Mark Jason Alcala | Regulation
Published: 2021-11-29T05:05:14.000Z
Updated: 2021-11-29T05:05:14.000Z

The country's monetary authority estimates that the annual volume of crypto transactions in the country is worth around $5 billion.

[Full text](https://www.tokenpost.com/news/insights/9372.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9372.json)

## [Lok Shabha update suggests India might ban private crypto](https://www.tokenpost.com/news/regulation/9369)

By Mark Jason Alcala | Regulation
Published: 2021-11-28T08:24:59.000Z
Updated: 2021-11-28T08:24:59.000Z

Some experts believe the government might impose strict regulations but not impose an outright ban on crypto.

[Full text](https://www.tokenpost.com/news/regulation/9369.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9369.json)

## [Crypto trading by citizens now allowed in Uzbekistan](https://www.tokenpost.com/news/investing/9368)

By Mark Jason Alcala | Regulation
Published: 2021-11-27T11:23:40.000Z
Updated: 2021-11-27T11:23:40.000Z

The government is now allowing its residents to trade crypto as long as it’s done on licensed trading platforms.

[Full text](https://www.tokenpost.com/news/investing/9368.md) | [Citation metadata](https://www.tokenpost.com/news/investing/9368.json)

## [U.K. banks will need to adapt to CBDC but a digital pound won’t likely arrive before 2025](https://www.tokenpost.com/news/technology/9367)

By Mark Jason Alcala | Regulation
Published: 2021-11-26T12:07:51.000Z
Updated: 2021-11-26T12:07:51.000Z

British lenders still have a lot of time to make adjustments as a digital pound isn’t likely to arrive within three years.

[Full text](https://www.tokenpost.com/news/technology/9367.md) | [Citation metadata](https://www.tokenpost.com/news/technology/9367.json)

## [South Korea’s FSC recommends criminal liability for crypto market manipulation](https://www.tokenpost.com/news/regulation/9366)

By Mark Jason Alcala | Regulation
Published: 2021-11-26T04:02:50.000Z
Updated: 2021-11-26T04:02:50.000Z

The country’s top financial regulator wants the National Assembly to bring criminal liability to price manipulations, insider trading, and other unfair behavior.

[Full text](https://www.tokenpost.com/news/regulation/9366.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9366.json)

## [Crypto traders’ accounts closure or blocking by Nigerian banks questionable, says BICCON](https://www.tokenpost.com/news/regulation/9363)

By Mark Jason Alcala | Regulation
Published: 2021-11-24T07:08:13.000Z
Updated: 2021-11-24T07:08:13.000Z

The group pointed out that there are no existing laws criminalizing crypto in the country.

[Full text](https://www.tokenpost.com/news/regulation/9363.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9363.json)

## [Crypto is here to stay, says Australia‘s Minister for Financial Services and the Digital Economy](https://www.tokenpost.com/news/insights/9360)

By Mark Jason Alcala | Regulation
Published: 2021-11-23T04:42:50.000Z
Updated: 2021-11-23T04:42:50.000Z

Senator Jane Hume said that crypto is not a fad and encouraged Australia to forge its own trail in this area.

[Full text](https://www.tokenpost.com/news/insights/9360.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9360.json)

## [Speculative demand for crypto could reverse, warns Reserve Bank of Australia](https://www.tokenpost.com/news/insights/9358)

By Mark Jason Alcala | Regulation
Published: 2021-11-22T07:43:37.000Z
Updated: 2021-11-22T07:43:37.000Z

Investors could soon be less influenced by fads and FOMO while the high energy usage in Bitcoin and Ethereum mining, as well as crypto's potential use in crime, could increase regulatory scrutiny.

[Full text](https://www.tokenpost.com/news/insights/9358.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9358.json)

## [3 Fed governors see no need in issuing a CBDC](https://www.tokenpost.com/news/regulation/9353)

By Mark Jason Alcala | Regulation
Published: 2021-11-18T05:16:38.000Z
Updated: 2021-11-18T05:16:38.000Z

While some countries are already in various stages in the development of their central bank digital currencies, three Federal Reserve governors said that there is no reason for the Fed to issue its own CBDC.

[Full text](https://www.tokenpost.com/news/regulation/9353.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9353.json)

## [$56 million in crypto to be liquidated by the U.S. Justice Department](https://www.tokenpost.com/news/regulation/9352)

By Mark Jason Alcala | Regulation
Published: 2021-11-17T13:06:46.000Z
Updated: 2021-11-17T13:06:46.000Z

The Justice Department said that the liquidation is the “largest single recovery of a cryptocurrency fraud by the United States to date.”

[Full text](https://www.tokenpost.com/news/regulation/9352.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9352.json)

## [Lawmaker wants to ban crypto ads from London’s transport network](https://www.tokenpost.com/news/regulation/9349)

By Mark Jason Alcala | Regulation
Published: 2021-11-16T10:45:11.000Z
Updated: 2021-11-16T10:45:11.000Z

Sian Berry argued that the transport system should not be used to market unregulated and risky schemes to London’s commuters.

[Full text](https://www.tokenpost.com/news/regulation/9349.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9349.json)

## [Crypto exchange Huobi Global classifies Singapore as restricted jurisdiction](https://www.tokenpost.com/news/business/9339)

By Mark Jason Alcala | Regulation
Published: 2021-11-11T08:35:00.000Z
Updated: 2021-11-11T08:35:00.000Z

Existing Singapore-based users are given until the first quarter of 2022 to close their accounts.

[Full text](https://www.tokenpost.com/news/business/9339.md) | [Citation metadata](https://www.tokenpost.com/news/business/9339.json)

## [South Korea won’t regulate NFTs as they are not considered virtual assets](https://www.tokenpost.com/news/regulation/9331)

By Mark Jason Alcala | Regulation
Published: 2021-11-05T13:13:56.000Z
Updated: 2021-11-06T08:25:07.000Z

The Financial Services Commission (FSC) said that non-fungible tokens won’t be regulated as it does not consider NFTs virtual assets.

[Full text](https://www.tokenpost.com/news/regulation/9331.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9331.json)

## [20 new Bitcoin Schools to be funded by surplus from El Salvador’s BTC Trust](https://www.tokenpost.com/news/regulation/9328)

By Mark Jason Alcala | Regulation
Published: 2021-11-04T04:22:59.000Z
Updated: 2021-11-04T04:22:59.000Z

El Salvador's next BTC-related project aims to promote cryptocurrency education for locals and will be funding using profits made from the crypto asset.

[Full text](https://www.tokenpost.com/news/regulation/9328.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9328.json)

## [Stablecoins and CBDCs might not be necessary to solve deficiencies in the financial system, says BIS](https://www.tokenpost.com/news/insights/9321)

By Mark Jason Alcala | Regulation
Published: 2021-11-01T07:29:56.000Z
Updated: 2021-11-01T07:29:56.000Z

While a number of central banks worldwide are already considering the issuance of a CBDC, the BIS also questioned the need for such projects and pointed out that CBDCs present their own policy challenges for EMDE auth…

[Full text](https://www.tokenpost.com/news/insights/9321.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9321.json)

## [Bitcoin and Ethereum likely meet criteria for underlying assets in crypto ETPs, says ASIC](https://www.tokenpost.com/news/regulation/9319)

By Mark Jason Alcala | Regulation
Published: 2021-10-30T08:03:35.000Z
Updated: 2021-10-30T08:03:35.000Z

ASIC recently released a set of regulatory requirements for firms seeking to offer ETPs, including exchange-traded funds, managed funds, and structured products.

[Full text](https://www.tokenpost.com/news/regulation/9319.md) | [Citation metadata](https://www.tokenpost.com/news/regulation/9319.json)

## [Spanish financial institutions want to offer crypto services to clients](https://www.tokenpost.com/news/business/9309)

By Mark Jason Alcala | Regulation
Published: 2021-10-25T13:39:17.000Z
Updated: 2021-10-25T13:39:17.000Z

The lack of clarity from the Bank of Spain, the country’s central bank, has prevented these financial institutions from making their entry into the crypto space.

[Full text](https://www.tokenpost.com/news/business/9309.md) | [Citation metadata](https://www.tokenpost.com/news/business/9309.json)

## [Crypto losses due to fraud in the U.K. up 30% to $200M](https://www.tokenpost.com/news/insights/9302)

By Mark Jason Alcala | Regulation
Published: 2021-10-20T06:54:01.000Z
Updated: 2021-10-20T06:54:01.000Z

The total losses due to crypto fraud from January to October this year already surpassed losses for the entire year of 2020 by almost a third.

[Full text](https://www.tokenpost.com/news/insights/9302.md) | [Citation metadata](https://www.tokenpost.com/news/insights/9302.json)

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