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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
- Thursday April 3, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
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www.gadgets360.com
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Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
- Tuesday April 1, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
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www.gadgets360.com
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FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
- Thursday March 27, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
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www.gadgets360.com
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Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
- Friday February 14, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
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www.gadgets360.com
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
- Thursday November 28, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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www.gadgets360.com
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US Airbnb Host Hit With Rs 1.25 Lakh Electricity Bill After Guests Mine Rs 84 Lakh In Crypto
- Tuesday October 8, 2024
- World News | Edited by Bhavya Sukheja
An Airbnb host in the US was forced to add 'no cryptocurrency mining' to the list of instructions after a bizarre guest experience.
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www.ndtv.com
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Louisiana Joins Growing List of US States that Support Crypto Mining
- Tuesday June 25, 2024
- Written by Radhika Parashar, Edited by David Delima
Riding on the crypto wave, several states in the US have started inviting businesses related to crypto mining. In the latest development, the governor of Louisiana has signed a bill to foster the growth of businesses related to crypto mining activities in the state.
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www.gadgets360.com
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‘Huge Win for Web3’: Indian Crypto Industry Reacts as US House’ Approves FIT21 Bill
- Thursday May 23, 2024
- Written by Radhika Parashar, Edited by Manas Mitul
Assessing the hold that the US has over the growth of the crypto industry, commentators from the Indian Web3 community say that US’ regulatory framework for crypto could show positive results. In conversation with Gadgets360, Sharedeum co-founder and CEO Nischal Shetty noted what it means for Indian crypto enthusiasts.
-
www.gadgets360.com
-
US Lawmakers Pass FIT21 Crypto Bill That May Regulate SEC’s Involvement in Sector Oversight
- Thursday May 23, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.
-
www.gadgets360.com
-
Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
- Friday October 20, 2023
- Reuters
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
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www.gadgets360.com
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UK Could Soon Legalise Freezing, Seizure of Crypto Assets Linked to Criminal Activities: Report
- Wednesday July 5, 2023
- Written by Radhika Parashar, Edited by Manas Mitul
The UK Lords have reportedly passed the Economic Crime and Corporate Transparency Bill. This gives UK’s law enforcement agencies the authority to freeze and confiscate crypto assets linked to busted crimes. The approval from both of UK’s Houses will make the bill eligible to be signed into a law with the signature of King Charles attesting it.
-
www.gadgets360.com
-
US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
- Wednesday June 14, 2023
- Reuters
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
-
www.gadgets360.com
-
Turbulent Year for Cryptocurrencies Could Spur Progress Towards Regulatory Norms for Digital Assets in 2023
- Monday January 2, 2023
- Press Trust of India
Cryptocurrency could see more regulatory norms in 2023, after a year of turbulence that saw the collapse of massive trading platform FTX. The Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said last month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "...
-
www.gadgets360.com
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Brazil Gets Crypto Laws, Industry Players Get 180 Days to Comply: Details
- Friday December 23, 2022
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Jair Bolsonaro, the President of Brazil has signed the previously proposed crypto bill into a law. Upcoming crypto firms that aim to set up shop in Brazil, will also have to now obtain a relevant ‘virtual service provider’ licence to legally operate there. Under the new laws, once the crypto firms bag their approvals, they will be able to estab...
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www.gadgets360.com
-
Hong Kong Amends Anti-Money Laundering Bill to Include Crypto, Here’s What it Means
- Friday December 9, 2022
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Hong Kong, who recently emerged as the most crypto ready nation in the world, has taken a proactive step to ensure that crypto assets are not misused by criminals for moving illicit funds, illegally. The country has amended its Anti-Money Laundering (AML) and Counter-Terrorist Financing (Amendment) Bill 2022, to now include crypto transactions as w...
-
www.gadgets360.com
-
US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
- Thursday April 3, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025. Â
-
www.gadgets360.com
-
Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
- Tuesday April 1, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
-
www.gadgets360.com
-
FM Claims Access to WhatsApp Messages Led to Seizure of Crypto Worth Rs. 90 Crore
- Thursday March 27, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
This week in Parliament, Finance Minister Nirmala Sitharaman stated that encrypted communication channels are being misused for financial crimes like money laundering and tax evasion. She revealed that authorities were able to seize over Rs. 90 crores in crypto assets from a syndicate thanks to access to WhatsApp messages.
-
www.gadgets360.com
-
Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
- Friday February 14, 2025
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
-
www.gadgets360.com
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
- Thursday November 28, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
www.gadgets360.com
-
US Airbnb Host Hit With Rs 1.25 Lakh Electricity Bill After Guests Mine Rs 84 Lakh In Crypto
- Tuesday October 8, 2024
- World News | Edited by Bhavya Sukheja
An Airbnb host in the US was forced to add 'no cryptocurrency mining' to the list of instructions after a bizarre guest experience.
-
www.ndtv.com
-
Louisiana Joins Growing List of US States that Support Crypto Mining
- Tuesday June 25, 2024
- Written by Radhika Parashar, Edited by David Delima
Riding on the crypto wave, several states in the US have started inviting businesses related to crypto mining. In the latest development, the governor of Louisiana has signed a bill to foster the growth of businesses related to crypto mining activities in the state.
-
www.gadgets360.com
-
‘Huge Win for Web3’: Indian Crypto Industry Reacts as US House’ Approves FIT21 Bill
- Thursday May 23, 2024
- Written by Radhika Parashar, Edited by Manas Mitul
Assessing the hold that the US has over the growth of the crypto industry, commentators from the Indian Web3 community say that US’ regulatory framework for crypto could show positive results. In conversation with Gadgets360, Sharedeum co-founder and CEO Nischal Shetty noted what it means for Indian crypto enthusiasts.
-
www.gadgets360.com
-
US Lawmakers Pass FIT21 Crypto Bill That May Regulate SEC’s Involvement in Sector Oversight
- Thursday May 23, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.
-
www.gadgets360.com
-
Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
- Friday October 20, 2023
- Reuters
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
-
www.gadgets360.com
-
UK Could Soon Legalise Freezing, Seizure of Crypto Assets Linked to Criminal Activities: Report
- Wednesday July 5, 2023
- Written by Radhika Parashar, Edited by Manas Mitul
The UK Lords have reportedly passed the Economic Crime and Corporate Transparency Bill. This gives UK’s law enforcement agencies the authority to freeze and confiscate crypto assets linked to busted crimes. The approval from both of UK’s Houses will make the bill eligible to be signed into a law with the signature of King Charles attesting it.
-
www.gadgets360.com
-
US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
- Wednesday June 14, 2023
- Reuters
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
-
www.gadgets360.com
-
Turbulent Year for Cryptocurrencies Could Spur Progress Towards Regulatory Norms for Digital Assets in 2023
- Monday January 2, 2023
- Press Trust of India
Cryptocurrency could see more regulatory norms in 2023, after a year of turbulence that saw the collapse of massive trading platform FTX. The Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said last month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "...
-
www.gadgets360.com
-
Brazil Gets Crypto Laws, Industry Players Get 180 Days to Comply: Details
- Friday December 23, 2022
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Jair Bolsonaro, the President of Brazil has signed the previously proposed crypto bill into a law. Upcoming crypto firms that aim to set up shop in Brazil, will also have to now obtain a relevant ‘virtual service provider’ licence to legally operate there. Under the new laws, once the crypto firms bag their approvals, they will be able to estab...
-
www.gadgets360.com
-
Hong Kong Amends Anti-Money Laundering Bill to Include Crypto, Here’s What it Means
- Friday December 9, 2022
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Hong Kong, who recently emerged as the most crypto ready nation in the world, has taken a proactive step to ensure that crypto assets are not misused by criminals for moving illicit funds, illegally. The country has amended its Anti-Money Laundering (AML) and Counter-Terrorist Financing (Amendment) Bill 2022, to now include crypto transactions as w...
-
www.gadgets360.com