Thailand government to clear up crypto tax confusion

Thailand government to clear up crypto tax confusion

Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities.The Thai revenue department’s director-general has stated that clear criteria for calculating taxes on crypto trading profits will be finalized this month.The statement comes less than a week after … Read more

Government Report Suggests Tightening Regulations on Crypto ATMs

Government Report Suggests Tightening Regulations on Crypto ATMs

The GAO’s findings that crypto-enabled crime is rising are at odds with a new report from crypto research firm Chainalysis, which found that although crypto crime is increasing by volume, it reached an all-time low as a percentage of all blockchain transactions in 2021. In other words, as cryptocurrencies has become more mainstream, crypto crime … Read more

cryptocurrency: Sign-ups lag on crypto exchanges as government defers bill

cryptocurrency: Sign-ups lag on crypto exchanges as government defers bill

Mumbai: Crypto exchanges that registered a double-digit growth until recently are witnessing slowdown in their new sign-ups in December after New Delhi deferred discussions on the proposed cryptocurrency law to the budget session. New signups, across platforms, were increasing at 10% month on month until October-November in anticipation of a legal framework expected to be … Read more

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners – Mining Bitcoin News

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia Granted Permission to Increase Costs for Home Mining Russians mining cryptocurrencies … Read more

On Crypto Bill, More Changes Likely, Government Goes Slow: 10 Points

On Crypto Bill, More Changes Likely, Government Goes Slow: 10 Points

The size of crypto assets in India is about Rs 45,000 crore. The Cryptocurrency Bill will not be discussed by Prime Minister Narendra Modis cabinet today and may not be brought into Parliament in this session, sources have told NDTV, signalling that the government doesn’t want to rush on the law. Here’s Your 10-Point Cheatsheet … Read more

Myanmar shadow government approves crypto as official currency | Crypto

Myanmar shadow government approves crypto as official currency | Crypto

National Unity Government says it will allow use of Tether as it tries to fund ‘revolution’ against military government.Myanmar’s shadow government said it would allow the use of the world’s largest stablecoin, Tether, as an official currency, potentially making it easier for it to raise funds and make payments. The National Unity Government (NUG), which … Read more

WA government to tighten COVID-19 border controls with Queensland from Monday

WA government to tighten COVID-19 border controls with Queensland from Monday

Western Australia will tighten its border controls with Queensland from Monday, when visitors from that state will be required to quarantine for 14 days.Key points:The elevated risk level comes after community spread of COVID-19 in QueenslandIt is also in response to the planned softening of Queensland’s border regulations on MondayWestern Australia’s government says a cautious approach is … Read more

The Dutch style of government: good for dykes, bad for covid

The Dutch style of government: good for dykes, bad for covid

THE DUTCH are not used to being ranked among the worst in Europe. But that is where they stand in covid booster vaccinations: 4.1% of the population have had an extra jab, just behind Romania at 5%. They started on November 18th, months after other countries. “It is impossible to explain,” says Roel Coutinho, a … Read more

Government faces Tory backbench revolt over plan B Covid measures | Conservatives

Downing Street is facing a damaging revolt over planned Covid restrictions after dozens of Tory backbenchers threatened to rebel or abstain in fury over the proposed new rules and Boris Johnson’s handling of the Christmas party scandal.With at least 30 Conservative MPs already expected to vote against regulations on masks, home working and vaccine passports, … Read more

US lawmaker urges congressional action on crypto as government avoids shutdown

US lawmaker urges congressional action on crypto as government avoids shutdown

Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide sufficient guidance on cryptocurrencies.In a Friday announcement from the Senate Banking Committee, Toomey said he was dissatisfied with the answers SEC chair Gary … Read more

New German government cites crypto in coalition agreement

New German government cites crypto in coalition agreement

The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.”Three German political parties agreed to a coalition deal this week that will see left-leaning Social Democrats (SDP), the Green Party and the right-friendly Free Democrats (FDP) take the reins from December … Read more

Crypto Prices Crash After Government Announces Ban On Private Crypto Coins In Winter Session’s Bill

The Bill That Caused Massive Crypto Crash: Explained

The upcoming crypto bill aims toregulate the digital currency in IndiaHours after the government announced that it will introduce the cryptocurrency bill in the Parliament’s winter session, which seeks to prohibit all private cryptocurrencies in the country, all crypto prices crashed by 15 per cent and more. As of 11:45 PM on November 23, all major cryptocurrencies saw a fall … Read more

US government seizes $56 million in crypto from BitConnect’s ‘number one promoter’

US government seizes $56 million in crypto from BitConnect’s ‘number one promoter’

The US government has seized $56 million worth of cryptocurrency from an admitted participant in the BitConnect scam and intends to sell the coins and use the proceeds to reimburse victims. The Department of Justice says that it’s the largest recovery of cryptocurrency to date — and that it was willingly given up by Los … Read more

China’s Top Crypto Outlets Bite the Dust as Government Crackdown Continues

China’s Top Crypto Outlets Bite the Dust as Government Crackdown Continues

China-based crypto outlets ChainNews and Odaily have both become inaccessible over the past few days and neither of the outlets have stated a reason. Instead, both outlets have continued their activity on Twitter and Telegram, apps that are banned in China. The government in China imposed a blanket ban on all forms of cryptocurrency trading … Read more

Covid-19 NZ: Government to extend vaccine mandates to businesses requiring vaccine certification

Covid-19 NZ: Government to extend vaccine mandates to businesses requiring vaccine certification

Prime Minister Jacinda Ardern says the Government will mandate the Covid-19 vaccine for any worker of a business that requires a vaccine certificate at entry. Ardern on Tuesday said the Cabinet had decided to place the mandate on businesses who participate in the vaccine certificate scheme. It meant many restaurants, cafes, gyms, and other “close … Read more

Pakistan’s Sindh High Court directs the government to develop crypto regulatory framework within 3 months

Pakistan’s Sindh High Court directs the government to develop crypto regulatory framework within 3 months

The Sindh High Court in Pakistan directed the government on October 20, to develop and submit the proposed regulatory framework for cryptocurrencies within 3 months. The High Court also formed a committee headed by federal finance secretary Kamran Ali Afzal to fast-track and oversee the progress on the matter. Besides, the court has advised the … Read more

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more

UK government paves way to bring in tough ‘plan B’ Covid rules | Coronavirus

New evidence has emerged that the government is paving the way to implement “plan B” measures in England to combat the spread of Covid-19, amid warnings from health chiefs that a “vortex of pressures” is encircling the NHS.In the clearest sign to date that Whitehall is actively considering additional measures, the Observer has learnt that … Read more

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations – Regulation Bitcoin News

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more

Covid-19 NZ: The biggest day for the Government since the first day of the first lockdown

Covid-19 NZ: The biggest day for the Government since the first day of the first lockdown

ANALYSIS: Today at 10am, New Zealanders will find out exactly what this nation’s post-vaccinated world will look like and when it is likely to arrive. Prime Minister Jacinda Ardern, joined by ministers Grant Robertson, Chris Hipkins and Peeni Henare, will today unveil the next steps in opening up a society now divided by lockdowns and … Read more

France tests crypto assets in series of government bond deals

France tests crypto assets in series of government bond deals

France has used digital assets and blockchain technology in a series of bond transactions, marking one of the most significant trials to date of cryptocurrencies in a leading established market.A consortium of France’s biggest financial market participants utilised a digital currency issued by the Banque de France as part of the 10-month experiment in the country’s … Read more

Covid-19 disrupts Government plans once again

Covid-19 disrupts Government plans once again

If everything had gone to plan there would have been just a few pandemic related rules left in place next Friday. However, the unflagging constancy of Covid’s ability to disrupt Government plans is evident again. Somethings would have stayed the same after 22 October, though. These include the requirement to wear masks on public transport … Read more

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations – Regulation Bitcoin News

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, … Read more

Covid-19 demonstrated ‘power’ of government spending, says IMF

Covid-19 demonstrated ‘power’ of government spending, says IMF

The coronavirus crisis caused a much larger rise in public and private debt than the global financial crisis, the IMF said on Wednesday, as it highlighted a “great finance divide” between countries with access to finance and those without. The debt was generally put to good use during the pandemic, according to Vitor Gaspar, head … Read more

NT government sets November 12 deadline for COVID-19 vaccine mandate

A middle-aged man in a navy suit and tie standing in front of a flag with his head tilted. It's a head-and-shoulders shot.

The Northern Territory government has issued a legal direction mandating workers in a broad range of settings receive their COVID-19 vaccine within a month.Key points:The Chief Minister says the mandate includes workers in all public-facing rolesImpacted workers must receive their first jab by November 12Those workers must be fully vaccinated by December 24In a press conference on Wednesday … Read more