Policy

Banknote of 100 Argentine pesos with the face of Eva Perón (CoinDesk archives)

Policy

Argentina to Tax Crypto Exchanges

The Latin American country will levy a 0.6% tax on the exchanges on cryptocurrency purchases and sales.

Banknote of 100 Argentine pesos with the face of Eva Perón (CoinDesk archives)

By Andrés Engler

Nov 17, 2021 at 7:25 p.m. UTC

Nov 17, 2021

ArgentinaPolicyExchange FeesTax

Beijing (Zhang Kayiv/Unsplash)

Policy

Some Chinese Crypto News Sites Appear to Go Dark as Crackdown Continues

ChainNews, Odaily and Block123 were unavailable on Nov. 17.

Beijing (Zhang Kayiv/Unsplash)

By Eliza Gkritsi

Nov 17, 2021 at 10:14 a.m. UTC

Nov 17, 2021

ChinaPolicyRegulation

e-naira, nigeria

Policy

Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report

Africa’s first CBDC launched in late October.

e-naira, nigeria

By Eliza Gkritsi

Nov 16, 2021 at 3:00 a.m. UTC

Nov 16, 2021

NigeriaCBDCsPolicycentral bank digital currency

(Rachel Sun/CoinDesk)

Policy

How Crypto Becomes Money

A new theory for a universal digital barter system.

(Rachel Sun/CoinDesk)

By Michael J. Casey

Nov 12, 2021 at 7:57 p.m. UTC

Nov 12, 2021

PolicyMoney ReimaginedNewslettersOpinion

The Kremlin and Saint Basil's cathedral in Moscow. (Michael Parulava/Unsplash)

Policy

Russian Ministries, Duma Want to Legalize Crypto Mining: Report

The Russian central bank opposes the measure.

The Kremlin and Saint Basil's cathedral in Moscow. (Michael Parulava/Unsplash)

By Eliza Gkritsi

Nov 12, 2021 at 7:48 p.m. UTC

Nov 12, 2021

RussiaMiningCrypto MiningRegulationPolicy

Mairead McGuinness, Ireland's European Commissioner, speaks during a news conference in Brussels, Belgium, on Wednesday, Dec. 16, 2020. The European Unions executive arm dismissed the idea of setting up a bloc-wide bad bank to help lenders offload distressed credit in the wake of the pandemic, instead offering to help governments create national entities if necessary. Photographer: Delmi Alvarez/European Commission/Bloomberg via Getty Images

Policy

European Commission Urges Members to Agree on Crypto Regulations

The commission is hoping to finalize its proposed regulatory sandbox for financial products based on distributed ledger technology by the end of the year.

Mairead McGuinness, Ireland's European Commissioner, speaks during a news conference in Brussels, Belgium, on Wednesday, Dec. 16, 2020. The European Unions executive arm dismissed the idea of setting up a bloc-wide bad bank to help lenders offload distressed credit in the wake of the pandemic, instead offering to help governments create national entities if necessary. Photographer: Delmi Alvarez/European Commission/Bloomberg via Getty Images

By Sandali Handagama

Nov 11, 2021 at 7:40 p.m. UTC

Nov 11, 2021

PolicyEuropean CommissionEuropean ParliamentdltRegulation

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Policy

Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says

The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.

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By Eliza Gkritsi

Nov 10, 2021 at 7:19 a.m. UTC

Nov 10, 2021

Bitcoin MiningKazakhstanMiningRegulationPolicyRenewable Energy

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Policy

Huobi Global to Expel Singapore Users, Citing Local Regulations

The exchange is looking to expand overseas to make up for lost Chinese users.

CoinDesk placeholder image

By Eliza Gkritsi

Nov 10, 2021 at 4:55 a.m. UTC

Nov 10, 2021

HuobiSingaporeRegulationPolicyChina

WASHINGTON, DC - NOVEMBER 06: U.S. President Joe Biden speaks during a press conference in the State Dining Room at the White House on November 6, 2021 in Washington, DC. The President is speaking after his Infrastructure bill was finally passed in the House of Representatives after negotiations with lawmakers on Capitol Hill went late into the night. (Photo by Samuel Corum/Getty Images)

Policy

The Crypto Industry Isn’t Too Thrilled About Biden’s Big Policy Moves

Crypto lobbyists now face two problematic tax provisions and some debatable recommendations on stablecoin regulation.

WASHINGTON, DC - NOVEMBER 06: U.S. President Joe Biden speaks during a press conference in the State Dining Room at the White House on November 6, 2021 in Washington, DC. The President is speaking after his Infrastructure bill was finally passed in the House of Representatives after negotiations with lawmakers on Capitol Hill went late into the night. (Photo by Samuel Corum/Getty Images)

By Sandali Handagama

Nov 9, 2021 at 2:30 p.m. UTC

Nov 9, 2021

PolicyStablecoinCrypto TaxesUS CongressState of CryptoNewsletters

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

Policy

S. Korean Regulator Says NFTs Are Not Virtual Assets: Report

Seoul will follow FATF guidance on the matter of NFTs and its regulation.

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

By Eliza Gkritsi

Nov 5, 2021 at 8:07 a.m. UTC

Nov 5, 2021

NFTsSouth KoreaSeoulRegulationFATFPolicy