Wallet in Telegram app temporarily blocked for UK users due to restructuring
Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.
Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.
Kosovo’s Financial Intelligence Unit partners with the Council of Europe to improve crypto crime tracing skills and strengthen regulations on digital currencies.
Assetera will provide Europe's first regulated secondary tokenized real-world asset marketplace.
A Coinbase-backed lobby group initially graded Kamala Harris as “supports crypto” but dropped the characterization after wide criticism.
Exodus’ donation to a political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”
SEC Chair Gary Gensler faced criticism from lawmakers and agency members during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.
According to CoinDesk, Turkey has decided not to proceed with an additional tax package that would have imposed a levy on profits from stock trading and cryptocurrency. Vice President Cevdet Yilmaz confirmed the decision, stating that the proposal had been previously discussed but is no longer on the agenda. The focus will now shift to narrowing tax exemptions.In June, the Turkish government had already postponed plans to tax stocks following a decline in the country's equity market due to the news of potential additional taxes. Finance Minister Mehmet Simsek announced at the time that the draft tax study for the stock exchange would be re-evaluated based on feedback from relevant parties.Globally, countries like the U.K. and Japan are also considering how to effectively tax cryptocurrencies and whether reforms are needed. The Turkish Presidency did not immediately respond to CoinDesk's request for comment.
According to Odaily, senior Democratic member of the U.S. House Financial Services Committee, Maxine Waters, has expressed hope for reaching a significant agreement on stablecoin legislation by the end of this year. Waters, along with Republican Representative Patrick McHenry, has been working on a regulatory framework for stablecoins since 2022. Waters emphasized that the new legislation should prioritize consumer protection and robust federal oversight while allowing multiple pathways for creating stablecoins, with the Federal Reserve playing a leading role. McHenry remains optimistic about the progress, although he acknowledges that Congress has limited time to finalize the legislation before the year's end. This effort could potentially conclude a two-year debate in Washington regarding stablecoin regulation.
According to Odaily, JPMorgan Chase CEO Jamie Dimon expressed in an interview with The Times of India that he believes interest rates may remain elevated for an extended period. Dimon cited the complex geopolitical landscape and extreme global fiscal spending as factors contributing to this outlook. He estimated the likelihood of a soft landing to be less than 70%-80%. Dimon also mentioned that inflation could rise over time.
The lawsuit alleges that Visa purposely made it difficult for competitors to participate in the payments market.