The Bitcoin network witnessed its first halving in 2012 when the Bitcoin’s issuance rate was reduced from 50 BTC to 25 BTC per mined block. The last two halvings occurred in 2016 and 2020, significantly slashing Bitcoin’s issuance rate to the current 3.125 BTC.
According to a supplement to the 2024 annual budget, Canada expects to apply the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026. The country is getting an early start on the new standard, which is expected to be observed by 47 countries by 2027.
Jair Bolsonaro, the president of Brazil set to leave office on Dec. 31, has signed a bill aimed at legalizing the use of crypto as a payment method within the country.
The statement issued by the Central Bank of Ghana suggests that neither this investment scheme nor the Promoters of the company have obtained the approval of the Bank of Ghana, to operate in the banking and payment services sector.
The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.
The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance.
On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph:
