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India revisits Crypto stance as nations ease regulations Plus Wallet Elevates DeFi Access, While Brazil Enforces Wallet Regulations & Bitget Wallet Introduces Solana Limit Orders Dogecoin Goes High-Tech & Pepe Bullish While BlockDAG & Borussia Dortmund Collab Ends as MiCA 2 Regulations Take Effect Coinbase Ends USDC Rewards for the European Economic Area Clients Amid MiCA Regulations New IRS Regulations for Cryptocurrency Tax Reporting to Take Effect in 2026 Government of Estonia Introduce Regulations to Oversee Crypto

Jan / 01
- India revisits Crypto stance as nations ease regulations
  
  Jan 01, 1970 at 08:00 am Todayq News
  
  India is re-evaluating its stance on cryptocurrencies amidst global shifts in attitudes and increased corporate interest in digital assets. The government's review follows Donald Trump's pro-crypto stance and the entry of major institutional investors, such as Jio and the Birla Institute, into the sector. Despite India's high crypto adoption rate, harsh taxes and regulations have hindered retention, and the market capitalization has dropped by 9.63%.
- Plus Wallet Elevates DeFi Access, While Brazil Enforces Wallet regulations & Bitget Wallet Introduces Solana Limit Orders
  
  Jan 01, 1970 at 08:00 am Optimisus
  
  Embracing innovation in the cryptocurrency market, Bitget Wallet introduces its Solana Limit Order feature, empowering traders with precise order execution. Brazil's proposed stablecoin regulation aims to enhance oversight in its growing crypto sector. Plus Wallet emerges as a secure and rewarding cryptocurrency DeFi wallet, offering robust security, seamless cross-chain compatibility, and unlimited swaps for passive income generation.
- Dogecoin Goes High-Tech & Pepe Bullish While BlockDAG & Borussia Dortmund Collab Ends as MiCA 2 regulations Take Effect
  
  Jan 01, 1970 at 08:00 am Crypto Daily™
  
  The emerging crypto landscape sees Dogecoin gaining traction due to its IoT microtransactions and decentralized network integration, while Pepe Coin's defiance of a whale sell-off sparks bullish momentum. However, BlockDAG's unstoppable presale, surpassing $155 million raised, solidifies its position as a standout investment opportunity, driven by its strong infrastructure, strategic partnerships, and unwavering demand.
- Coinbase Ends USDC Rewards for the European Economic Area Clients Amid MiCA regulations
  
  Jan 01, 1970 at 08:00 am Inside Bitcoins
  
  Coinbase will discontinue its USDC yield program in the European Economic Area (EEA) on December 1, 2024, due to MiCA regulations. MiCA classifies stablecoins as "e-money tokens" and prohibits offering yield on them. Coinbase has stated that compliance with MiCA is the reason for this change, which has garnered mixed reactions from the crypto community. Some have criticized the EU's approach, while others have highlighted the importance of regulation in the industry.
- New IRS regulations for Cryptocurrency Tax Reporting to Take Effect in 2026
  
  Jan 01, 1970 at 08:00 am Inside Bitcoins
  
  In an effort to increase transparency and combat tax evasion in the digital asset market, the US Treasury and IRS have finalized new regulations requiring custodial cryptocurrency platforms to report transactions to the IRS starting in 2026. These regulations aim to ensure accurate reporting of gains from cryptocurrency sales and simplify tax filing for users. The new rules mandate the issuance of standard 1099 forms by platforms, similar to those used by traditional financial institutions. This move underscores a broader IRS effort to enhance oversight of the rapidly growing cryptocurrency market and reduce tax evasion, while providing clarity and convenience to cryptocurrency users.
- Government of Estonia Introduce regulations to Oversee Crypto
  
  Jan 01, 1970 at 08:00 am Thecoinrepublic.com
  
  In response to the constant growth of crypto, only select governments, like Estonia, are actively working to introduce regulations to oversee the sector. Estonia's government recently enacted a bill requiring legal requirements and licensing for digital asset service providers, aiming to make the national crypto sector more reliable amidst concerns of bad actors and hackers. This move follows El Salvador's legalization of Bitcoin through a separate law, highlighting Estonia's efforts to ensure a secure environment for crypto transactions.
- New EU regulations Target Anonymous Crypto Transactions
  
  Jan 01, 1970 at 08:00 am TheBitTimes
  
  The EU has enacted new regulations targeting anonymous crypto transactions to combat money laundering and terrorist financing. These laws prohibit crypto service providers from offering services to accounts that maintain anonymity. The legislation aims to address the risk posed by the anonymous nature of crypto assets, which complicates the traceability of transactions and makes it challenging to identify suspicious activities. This move reflects the EU's commitment to enhancing transparency and security in the crypto industry.