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Cryptocurrency Regulation and Taxing

Two Aussie Banks Refuse to ‘Endorse’ Retail Speculation on Crypto

George Wisneski | May 31, 2022 | Leave a comment
There are ‘big four’ banks in Australia and executives of two of them have clearly stated that they have no intention of permitting retail clients to engage in crypto trading on their platforms. According to the executives, this is...
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Is It Better To Go Organic Or Go Back To The House? What The New York State Extraction Moratorium Might Mean For The Cryptocurrency Industry

George Wisneski | May 5, 2022 | Leave a comment
On Apr 26, the City of New York placed itself on the frontline of the regulation battle over crypto, voting for a 2-year moratorium on virtual currency mining projects that use the energy produced by hydrocarbon power stations in...
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The Belgian Economic Regulator FSMA Will Regulate Cryptocurrency Exchange Services

George Wisneski | May 3, 2022 | Leave a comment
A new regulation imposition by Belgium’s economic regulatory authority, the Financial Markets Authority, now will necessitate cryptocurrencies and correctional facility wallet services available in the market to sign up within a strict timeframe. As per the FSMA, lawful individuals...
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Asian Countries Respond To Cryptocurrency Sanctions Against Russians

George Wisneski | March 15, 2022 | Leave a comment
Crypto exchanges are regularly asked by global regulators for complying with sanctions against Russia as there are no legal platforms for trading cryptocurrency in the country itself. While the US and European countries are taking steps of preventing Russia...
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Crypto Industry to be Affected by Upcoming Estonian AML Regulations

George Wisneski | March 13, 2022 | Leave a comment
A new set of anti-money laundering rules are to be enforced in Estonia, which are expected to toughen the rules and requirements applicable to crypto companies that have a license to operate in the country. These changes come at...
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President Signs Decree for Creating Crypto Wallet Register

George Wisneski | February 17, 2022 | Leave a comment
Another decree has been signed by President Alexander Lukashenko for regulating Belarus’ crypto economy. This decree gives the approval for establishing a register for crypto wallets and is aimed at addressing a number of legal aspects related to the...
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BTC Can Pay 2.43% of the $30 Trillion United States Federal Debt

George Wisneski | February 3, 2022 | Leave a comment
The most recent gloomy success for the US market means that the country’s total public debt is currently 4,000 percent higher than the market capitalization of BTC. The US government’s debt has surpassed $30 trillion, and strangely, all of...
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