Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value.
Category: trading
Thailand Exempts Crypto Transfers From VAT Until End of 2023
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such
Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively
China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto
Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative,
China Censors Crypto-Themed Short Videos Shared Online
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among
Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days
A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of
Ethereum Captures New All-Time Price High — ETH Market Cap Surpasses $510 Billion
Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning.
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has
