G7 Supports Stricter Crypto Regulation and Global Regulatory Framework for Cryptoassets

This rule requires service providers to share customer data The FATF believes this will solve the problem of tax defaulters The bloc is expected to present a draft global regulatory framework for cryptoassets in June The Group of Seven (G7) met in Nii ...

Paxful Ceases Operations due to Regulatory Environment and Employee Departures

Paxful, a prominent bitcoin exchange platform operating through peer-to-peer transactions, recently made a surprising announcement that it would be discontinuing its services. The decision was reportedly prompted by a combination of factors, including regulatory pressure and the departure of key ...