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Turkey to Introduce 0 03% Transaction Tax on Cryptocurrency Trading

Turkey is set to implement a major fiscal overhaul that includes a 0.03% transaction tax on cryptocurrency trading.

Republic of turkeyHassan shittuMehmet simsekTayyip erdoganCentral bankMisyon bankTransaction taxCryptocurrency tradingNew cryptocurrency tax measuresFinance minister mehmet simsekPresident recep tayyip erdoganDigital turkish lira collaboration platform

Crypto com Receives VASP Approval from Central Bank of Ireland

Crypto.com, one of the world's largest crypto trading platforms, announced on June 11 that it had received VASP approval in Ireland.

United kingdomUnited arab emiratesHassan shittuMonetary authority of singaporeMajor payment institutionVirtual asset service providerElectronic money institutionCentral bankUnited kingdom financial conduct authorityVirtual assets regulatory authorityDigital asset service providerStandard charteredFortuna digital custodyRamp swapsInternet financialCrypto assets regulation

Detained Binance Executive Tigran Gambaryan Collapses During Money Laundering Trial in Nigeria

Tigran Gambaryan, a detained executive of Binance, collapsed in court due to ill health during his ongoing money laundering trial in Nigeria.

United kingdomAbuja federal capital territoryJustice emeka nwiteHassan shittuTigran gambaryanEmeka nwiteNadeem anjarwallaBinance holdingsRevenue serviceHigh courtFederal high courtJustice emekaVanguard newspapersJudge emeka nwiteFederal inland revenue serviceBinance holdings limited

Kenya Appoints Marathon Digital as Consultant for Cryptocurrency Regime and Mining Energy Needs

The Kenyan President has announced that his government has appointed Marathon Digital, a U.S.-based Bitcoin mining company, as its consultant.

United statesPatrick njorogeRebecca mianoWilliam rutoGina raimondoHassan shittuNjuguna ndunguEnergy ministryNational treasuryKenyan national treasury cabinetKenyan blockchain associationVirtual asset service providersKenyan national assemblyMining energy needsCentral bankNational assembly

Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing

The Bank of England and the UK’s FCA have commenced a consultation process regarding the draft guidance for their Digital Securities Sandbox.

United kingdomHassan shittuEngland press office boUnited kingdom financial conduct authorityUk financial servicesLedger technologyDigital securities sandbox consultationFinancial conduct authorityDigital securities sandboxFoster financialDigital securitiesEngland press officeEngland digital securities sandboxDistributed ledger technologyExecutive directorDraft guidance

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