EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill’s text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.
crypto
India’s Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
India’s most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Competition in Digital Markest Hits G7 Nations’ Radar
Policymakers from the Group of Seven advanced nations agreed to collectively coordinate scanning for early warning signs that may tip competition in digital markets.
India’s Central Bureau of Investigation Appoints Liminal to Manage Seized Digital Assets
India’s Central Bureau of Investigation (CBI), the premier investigating police agency in the nation, has appointed digital asset custodian Liminal to manage seized digital assets.
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, ” Two Prime’s Alexander Blume said.
Indian Police Arrest 8 More in $300M Crypto Scam: Report
As many as 18 people, including four cops, have been arrested so far, while the alleged kingpin, Subhash Sharma, remains at large.
Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong’s recently accelerated ambitions to become a virtual asset hub.
UK’s National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.
Turkey in “Final Stage” of Bringing Crypto Legislation as Last Step to Get off FATF’s Grey List: Minister
Turkey is in the “final stage” of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force’s (FATF) “grey list.
Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern
Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.