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Cryptocurrency News
Crypto Assets Legalized in Vietnam
The National Assembly of Vietnam approved the Law on Digital Technology Industry on June 14, establishing regulatory oversight for digital assets. According to local media reports, legislators will enact the legislation on January 1, 2026, acknowledging crypto assets and laying the foundation for enhanced digital innovation throughout the country. This law categorizes digital assets into two types:…
11 hours ago0Comments
Headline
Crypto Investor Faces Loss of $6.9 M
A crypto investor has allegedly lost almost $7 million after purchasing a discounted cold wallet through Douyin, the Chinese counterpart of TikTok, which turned out to be compromised. According to the blockchain security company SlowMist, the “private key was compromised during its creation” and the user's funds were quickly “drained within hours” from the insecure cold…
12 hours ago0Comments
Cryptocurrency Legal News
End of Brazil’s Tax Exemption
Brazil replaced tax exemption for small-scale cryptocurrency earnings with a 17.5% flat tax rate on all digital currency capital gains under Provisional Measure 1303 to boost financial market revenue. Before, selling up to 35,000 Brazilian reals monthly in cryptocurrency was tax-exempt. The government taxed earnings beyond this threshold on a sliding scale, starting at 15%…
2 days ago0Comments
Cryptocurrency Regulations Short News
Dubai’s Regulatory Authority Approves Ripple’s Stablecoin
The Dubai Financial Services Authority (DFSA), which regulates the Dubai International Financial Centre (DIFC), has granted approval for Ripple’s RLUSD stablecoin. With this approval, companies in the DIFC can now utilize the RLUSD stablecoin for a range of virtual asset services, including payments and treasury management. The DIFC is a financial district and…
June 3, 20250Comments
Cryptocurrency Regulations Short News
Australia Updates Regulations For Crypto ATMs
Australia’s national financial crime agency has introduced new operational regulations and transaction caps for cryptocurrency ATM operators, as federal police report an increase in scams linked to these kiosks. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has implemented a cash deposit and withdrawal limit of 5,000 Australian dollars ($3,250) for crypto ATMs, along…
June 3, 20250Comments
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