Regulations

The post Crypto Regulations in Peru 2024 appeared first on Coinpedia Fintech News Peru is stepping into the world of cryptocurrency with new regulations. This South American country, which is popular for its active economy, has over 32 million people. Peru relies heavily on exports like copper, gold, zinc, textiles and fish meal. The country trades mainly with the US, China, Brazil, and Chile. Despite being ranked 76th in the Global Innovation Index in 2023, a large part of the…

Franco Amati criticizes the regulations, claiming they restrict Bitcoin use and compromise user privacy and security. Alejandro Estrin highlights the growing interest in cryptocurrencies in Argentina, viewing regulations as protective and innovative. More than three months after Argentina implemented Bitcoin ecosystem regulations focusing on exchanges and similar platforms, the local crypto community remains divided. While some claim users despise these regulations, others argue they increase interest in these digital assets. As we pointed out in Crypto News Flash, since March,…

Uniswap Labs has asked the SEC to reconsider its proposed rule changes to the Securities Exchange Act of 1934. Uniswap Labs argues that the proposed amendments conflict with a recent Supreme Court ruling. Uniswap Labs has formally requested the U.S. Securities and Exchange Commission (SEC) to reconsider its proposed amendments to the Securities Exchange Act of 1934. These changes aim to expand the definition of an “exchange,” which Uniswap contends overreaches the SEC’s authority over decentralized finance (DeFi) platforms. Uniswap…

The post Crypto Regulations in Mexico 2024 appeared first on Coinpedia Fintech News Mexico, nested in southern North America, is the world’s 13th-largest country. It boasts a population nearing 130 million, which makes it the 10th most populous county. As a developing nation with the 15th largest economy globally by nominal GDP and 11th largest by PPP, Mexico is emerging on the world stage as a new global economic power.  But, regarding cryptocurrency, Mexico has adopted a cautious stance. Although…

The post Coinbase Sues SEC and FDIC, Demands Transparency in Crypto Regulations  appeared first on Coinpedia Fintech News In a move that could shake everything up, Coinbase has launched lawsuits against two powerful federal agencies—the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). Coinbase’s Chief Legal Officer, Paul Grewal, took to social media to announce the filings, which aim to pry loose crucial information held by these agencies. What secrets could the SEC and FDIC…

The post Crypto Regulations in India 2024 appeared first on Coinpedia Fintech News In the case of virtual currencies, India has not enacted any special legislation. However, with its increasing popularity, crypto has aligned with various government statutes like the Companies Act, 2013, necessitating the reporting of virtual digital assets (VDAs). It has also touched the broadened scope of the Prevention of Money Laundering Act, 2002, by including transactions related to these VDAs and different crypto exchanges. The income tax…

The post Crypto Regulations in Vietnam 2024 appeared first on Coinpedia Fintech News Vietnam, a socialist country in Southeast Asia, has a population of 99.46 million and covers 331 thousand square kilometers. It has developed a strong market economy with socialist influences, making it one of the fastest-growing economies in terms of GDP. This economic growth has attracted significant foreign investment. Cryptocurrency arrived in Vietnam in 2009, there are no specific rules for trading or holding Bitcoin, so it can…

The post Zimbabwe Joins The Crypto Race; Exploring Crypto Regulations appeared first on Coinpedia Fintech News To keep up with the global race, Zimbabwe is exploring comprehensive crypto regulations and is inviting public input to better understand and regulate the sector. The government seeks feedback from both local and international crypto service providers and the general public. Zimbabwe’s latest move signifies its proactive approach towards integrating digital asset governance. The government has formed a committee that will gather and analyze…

The post Crypto Regulations in Malaysia 2024 appeared first on Coinpedia Fintech News Malaysia, a country in Southeast Asia with 32 million people and an area of 330 kilometers, is a diverse nation comprising various ethnicities and religions. While half the population is Malaysian, the rest come from different parts of the world. Its economy is robust, growing quickly, and highly competitive, making it appealing for foreign investors. Regarding Bitcoin, Malaysia lacks specific regulations from the government. Bitcoin mining and…