Category: Cryptocurrency Regulations & Legal Issues

Introduction Today in this artile we discuss KYC (Know Your Customer) in crypto. Have you ever attempted to open an account with a crypto exchange? They asked for your ID. They wanted a selfie. Maybe proof of address, too. That’s KYC at work. The KYC (Know Your Customer) of crypto is a new standard in the…

Introduction Today, we discuss Cryptocurrency Compliance Laws. Crypto is exciting. But rules exist. All startups and exchanges should operate based on them. Disregard of cryptocurrency compliance regulations is a troublesome affair. Heavy fines. Legal action. Even shutdowns. Cryptocurrency regulations are rapidly tightening across governments in the world. They want transparency. They desire consumer protection. They…

Introduction Bitcoin changed the financial world forever. Millions of people use it daily. But is it legal everywhere? The answer isn’t simple. Some countries love Bitcoin. Others ban it completely. It is yet to be figured out by many. Legal status of Bitcoin is much different around the world. This is straightforwardly described in this…

Introduction Today we discuss Tax on cryptocurrency profits. Crypto profits are exciting. But taxes come with each profit you make. This is a fact that is forgotten by many. Or they ignore it completely. That’s a costly mistake. The governments of the world are currently closely monitoring crypto transactions. The cryptocurrency gain tax is a…

Introduction Today, in this article, we discuss Crypto Regulations Worldwide. Crypto is expanding rapidly in all places. However, it is treated differently by all the countries in the modern world. Others are not afraid to embrace it with friendly legislation and clear directives. Other ones prohibit it entirely, and no exceptions whatsoever. Every trader and…