The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants.
Ex-Coinbase Manager Among 3 Arrested on Crypto Insider Trading Charges; Tesla Sells 75% of Its Bitcoin
The most valuable crypto stories for Thursday, July 21, 2022.
The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.
The U.K. introduced the bill, which also addresses stablecoins, to Parliament earlier Wednesday, but lawmakers won’t take up the measure until later in the week.
The much-anticipated financial services and markets bill to be presented to Parliament includes rules for the use of stablecoins as a means of payment.
Japan's Self-Regulatory Project in Peril as Financial Regulator Reprimands Crypto Advocacy Group: Report
The JVCEA has received an “extremely stern warning” over delays in anti-money-laundering rules and poor governance.
Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.