News

This is the first country in the EU that will legally restrict the advertising of digital assets

The Hong Kong Monetary Authority will issue a regulatory framework for local businesses and traders by July 2022

The organization noted that foreign companies and unregistered intermediaries receive income from transactions with cryptocurrency

The total amount of the fine for violating the US law was $800 000

The country's Revenue Department is already in talks with the Central Bank, the Securities and Exchange Commission, and the Stock Exchange of Thailand

The Indiatech association called on the authorities to amend the existing tax legislation

The authorities plan to implement the bills in 2022

The government has advised traders to “accurately” report their income when filing their tax returns

The main reason for the sanctions by regulators is the lack of registration with the CFTC

The regulator: ads failed to illustrate investment risks and exploited consumers' inexperience

The development of such documents is necessary to maintain the viability of financial instruments

The relevant directive has already been prepared and sent to local banks