DAC8: Strengthening EU Regulations for the Digital Asset Sector
DAC8 will extend the directive's requirements to the entire digital asset sector Service providers within the Eurozone will be required to track transactor data This is how the EU intends to combat illegal activities and tax defaulters The EU Council ...
Woman Sentenced to Prison for Dealing with Cryptocurrency in New Hampshire
A 35-year-old resident of New Hampshire accused of engaging in illegal activities has been sentenced to 18 months in prison by the US District Court for dealing with cryptocurrency. According to prosecutor Jane Young, Aria DiMezzo exchanged fiat currencies, mainly US dollars, for bitcoin between ...
Seychelles Ministry of Finance Develops Crypto Regulatory Framework to Protect Users
The Seychelles Ministry of Finance has announced the initiation of a regulatory framework for the cryptocurrency industry in order to protect users from risks. During a meeting of the National Assembly, Finance Minister Naadir Hassan explained that the government is developing requirements for th ...
Beaxy Crypto Platform Charged by SEC for Illegal Activities
The Securities and Exchange Commission (SEC) in the United States has filed charges against the cryptocurrency platform Beaxy for engaging in brokerage and clearing activities without proper registration. Additionally, Beaxy is accused of conducting an illegal securities offering, which raised $8 ...