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Belarus To Put A Ban On P2P Crypto Transactions read full article at worldnews365.me

The Belarusian Ministry of Foreign Affairs is formulating legal changes prohibiting peer-to-peer (P2P) cryptocurrency transactions. Recently, the Ministry of Foreign Affairs (MFA) of the Republic of Belarus issued an official announcement detailing the objectives and implications of the new legislation concerning individuals engaged in cryptocurrency exchanges. The Belarusian Ministry of …

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Litecoin Breaks Psychological Barrier But Remains in Bearish Territory: What Lies Ahead? read full article at worldnews365.me

The recent surge in Litecoin (LTC) price propelled it to reach a significant psychological level of $100. This upward movement has provided a bullish boost and allowed the altcoin to register gains in recent trading sessions. However, despite this bullishness, the price of LTC remains within bearish territory, indicating ongoing …

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Coinbase’s Legal Defense To Be Addressed By SEC On July 13 read full article at worldnews365.me

According to a court order issued on Thursday, the United States Securities and Exchange Commission (SEC) is set to provide its counterarguments in response to Coinbase’s initial legal defense on July 13. The defendant in the legal case, Coinbase, had received a request from the SEC for a three-business-day extension. …

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German Regulator Denies Binance’s Request Custody License read full article at worldnews365.me

Binance experienced yet another setback in pursuing a crypto custody license in Germany. The company’s application, submitted to BaFin, the country’s financial watchdog, was ultimately rejected. It is currently unclear whether the rejection was a formal decision from BaFin or simply an indication expressed during ongoing discussions. The crypto exchange …

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Slovakian Lawmakers Pass Amendment Lowering Cryptocurrency Taxation read full article at worldnews365.me

Lawmakers in Slovakia have approved new legislation, with a resounding 112-2 vote in favor, aimed at reducing taxes associated with the sale of crypto or digital assets. In addition to the aforementioned tax-cutting law, members of the National Council of the Slovak Republic, the country’s parliament, have further endorsed additional …

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Binance Rescinds Decision To Remove Privacy Coins From European Market read full article at worldnews365.me

Binance has made a decision to reverse its initial plan of delisting certain privacy coins in Europe. This change in course comes after the exchange revised its operations to align with the local regulatory requirements. According to the developers of Verge (XVG) and Secret (SCRT) cryptocurrencies, a significant outcome was …

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Japan Grants Exemption From 30% Crypto Tax To Token Issuers read full article at worldnews365.me

The National Tax Agency of Japan released an updated version of its corporate tax guidelines, introducing significant changes to the crypto taxation rules for digital token issuers. This revision focuses explicitly on eliminating taxes on unrealized gains derived from crypto assets issued by companies. And the tax exemption is set …

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MUFG, Japan’s Largest Bank To Introduce Stablecoins read full article at worldnews365.me

One of Japan’s most prominent banks, Mitsubishi UFJ Financial Group (MUFG), has announced its intention to issue global stablecoins linked to various foreign currencies, notably the United States dollar. To accomplish this, the financial powerhouse will utilize its Progmat platform for minting these coins. Since the beginning of June, Japan …

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MasterCard Files New Trademark Application read full article at worldnews365.me

MasterCard, a well-known global payment processor, has recently submitted a trademark application that extends its coverage to cryptocurrency and blockchain tools. This strategic move signifies MasterCard’s continued foray into the realm of cryptocurrency. The recent trademark application sent to the United States Patent & Trademark Office reflects the company’s aspirations …

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Cardano Introduces Latest Node Version On Mainnet read full article at worldnews365.me

To improve the performance and functionality of Cardano, developers are urging stake pool operators (SPOs) to swiftly adopt the latest Node version, 8.1.1., released on Monday. This release aims to optimize operations across the platform by dispersing epoch boundary computations throughout the entire epoch, leading to enhanced efficiency. The upgrade …

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Popular Crypto Subreddits Join Protest On Reddit read full article at worldnews365.me

A multitude of sub-communities on Reddit, including prominent crypto-related subreddits, have collectively agreed to temporarily make their content private for a period of 48 hours. This protest is in response to new company policies that restrict the usage of third-party applications on the platform. The unified action aims to express …

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Indian Central Bank Aims To Reach 1 Million CBDC read full article at worldnews365.me

The Reserve Bank of India (RBI) is strategically working towards acquiring one million active customers on its central bank digital currency (CBDC) or e-rupee by the conclusion of this month. In response to a media inquiry regarding the anticipated launch of CBDC, T Rabi Sankar, the Deputy Governor of the …

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