Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products

Post Views: 102 The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto products. Given that crypto products are unregulated, prominent public figures including…

Portugal to Tax Cryptocurrency Income According to Minister of Finance

Post Views: 86 Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice”…

Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF

Post Views: 146 Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Investments, the world’s largest digital asset manager, announced Monday the launch of its first European exchange-traded fund…

China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities

Post Views: 104 An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article, the author names the interest rate hikes by the U.S. Federal…