Articles for tag: Cryptocurrency, EU Regulations, Garantex, Russian Crypto Market, Sanctions, Tether, USDT

March 6, 2025

Tether Freezes $27M USDT on Sanctioned Russian Exchange Garantex to Ensure Compliance and Security in Cryptocurrency Transactions

Tether, the company behind the stablecoin USDt, has frozen $27 million in funds on the Garantex crypto exchange, which is now facing operational suspension. Garantex, sanctioned by the European Union due to its links to Russia’s ongoing conflict with Ukraine, reported that it has paused all services, including withdrawals, while its website undergoes maintenance. The ...

February 18, 2025

Market News

Crypto

Poland Faces Legal Action for Not Appointing Digital Regulator – Implications for Internet Governance and Compliance

A year after the deadline, Poland has not yet appointed a national regulator to oversee the EU’s online platform rules under the Digital Services Act. This puts Poland at risk of facing legal action from the EU, as it is currently the only country that hasn’t designated a digital platform regulator. The European Commission formally ...

February 7, 2025

Market News

Crypto

Czech Republic Abolishes Bitcoin Tax for Long-Term Holders: A Boost for Cryptocurrency Investors

The Czech Republic is implementing a new law that will exempt Bitcoin and other digital assets from capital gains tax if they are held for more than three years. This legislation, signed by President Petr Pavel, is set to take effect in mid-2025 and aligns the country’s crypto regulations with the European Union’s Markets in ...

December 20, 2024

Market News

Crypto

Impact of Bitcoin on Taxation in France: Understanding New Regulations and Their Implications for Investors and Traders

New cryptocurrency regulations are set to take effect in Europe this month, coinciding with a surge in the value of cryptocurrencies like Bitcoin. These new rules, known as MiCA (Markets in Crypto-Assets), aim to protect investors and regulate trading within the EU. In France, cryptocurrencies are treated as capital assets, meaning they are not taxed ...