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Iran Moves Forward With Tariffs Against Crypto Mining

After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.

Bitcoin Deemed ‘Virtual Property’ By Chinese Court

The Hangzhou Internet Court ruled that bitcoin is considered legal property under the law in China.

Official Calls Iran a ‘Heaven for Miners’

Despite a looming crackdown from regulators, cheap energy in Iran has made it ideal for bitcoin mining.

Spanish Officials: AML Regulations Lack Bitcoin ATM Guidelines

Due to a lack of crypto-specific regulations in European laws, Spanish officials say it's hard to prove links between bitcoin ATMs and laundered funds.

British Regulator Proposes a Ban on Retail Sales of Crypto Derivatives

The Financial Conduct Authority wants to ban the sale of crypto derivatives to retail investors in a bid to protect them.

FATF Finalizes Crypto Guidelines, Recommends Exchanges Share Client Data

The FATF’s guidelines for combating cryptocurrency money laundering and terrorism financing could strike a blow against user privacy.

Binance to Block All U.S. Users, Launch Regulation-Compliant Spinoff Site

With the announcement that it will close its exchange services to U.S. customers, Binance pledges to develop a regulatory-compliant Binance.US site.

EU Warns Malta of the Dangers of Ignoring Money Laundering

Having attracted millions in crypto money to its island, Malta has been taking steps to limit the risk of crypto crimes.

Japanese Tax Authorities Push for New Crypto Regulations

Japanese authorities believe that holders of about 7 billion yen have made efforts to conceal their crypto transactions.

California Society of CPAs Pushes for Accounting Clarity for Cryptocurrencies

The lack of specific rules in the U.S. Generally Accepted Accounting Principles (GAAP) led to confusion and demands for clarity among the CalCPA group.
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