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The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
The Philippines' Securities and Exchange Commission has begun the process of blocking access to the world's largest crypto exchange Binance, whose chief last week stepped down and pleaded guilty ...
The Crypto-Asset Reporting Framework (commonly referred to as CARF) is a global initiative led by the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes which is intended to promoted the automatic exchange of information between countries to tackle emerging tax evasion risks related to cryptocurrency and digital assets.
The Magna Carta for Philippine Internet Freedom (abbreviated as MCPIF, or #MCPIF for online usage) is an internet law bill filed in the Congress of the Philippines.The bill contains provisions promoting civil and political rights and Constitutional guarantees for Philippine internet users, such as freedom of expression, as well as provisions on information and communications technology (ICT ...
In 2021, El Salvador became the first country to make the cryptocurrency legal tender alongside the U.S. dollar, which it adopted two decades earlier. The move attracted global attention and ...
Cryptocurrencies are not always legal tender, but some countries have moved to regulate cryptocurrency-related services as they would financial institutions. Ecuador is the first country attempting a government run a cryptography-free digital currency; during the introductory phase from Christmas Eve 2014 until mid February 2015 people can open ...
Paranaque City, Philippines, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Bety.com, the first decentralized casino to enter the Web3 scene, continues to lead the revolution in the online casino industry. The platform has been at the forefront of innovation in blockchain-based casinos since its inception.
Circle is a regulated fintech and it’s USDC Cryptocurrency stable coin is a trusted, widely accepted and highly liquid digital dollar; for seamless cross-border payments and real-time settlements. The partnership went live in June 2022, allowing MoneyGram customers in various countries to send and receive payments more efficiently.