OMGFIN Daily News

NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms
Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barr...
Fri, 2 Dec, 2022 at 4:00 AM
Chinese court says NFTs are virtual property protected by law
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of ...
Tue, 6 Dec, 2022 at 1:44 AM
Ukraine collabs with international consultants to update crypto framework
The Advisory Council on the Regulation of Virtual Assets held its first meeting, dedicated to adjusting the National Tax Code to the crypto market.  ...
Tue, 6 Dec, 2022 at 1:54 AM
Central bank plans to make CBDC 'only legal digital tender' in Indonesia, says gov
“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo. Bank of indonesi...
Tue, 6 Dec, 2022 at 4:11 AM
Hong Kong working on investor protection regulations, says central bank exec
Hong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake...
Wed, 7 Dec, 2022 at 1:11 AM
Crypto consumer protection, proof-of-reserves bills introduced into US Congress
New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fa...
Thu, 8 Dec, 2022 at 1:52 AM
US lawmakers want State Department to justify crypto rewards and disclose payouts
The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it's more encouraging f...
Thu, 8 Dec, 2022 at 2:22 AM
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank ...
Fri, 9 Dec, 2022 at 3:47 AM
US lawmakers introduce bill aimed at reporting on crypto miners' potential environmental impact
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than f...
Fri, 9 Dec, 2022 at 6:25 AM
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a ...
Mon, 12 Dec, 2022 at 12:30 AM