Crypto regulations

Oct 28, 2024

Hong Kong authorities will introduce tax breaks on crypto investments for private funds

The Finance Minister noted that this step will stimulate the development of the digital asset market in the region

Oct 25, 2024

Korea’s exchanges will be required to hand over crypto transaction data to tax and financial regulators

The initiative would introduce a definition of virtual assets into the Foreign Exchange Transactions Act

Oct 25, 2024

Pennsylvania House of Representatives passes a bill on non-custodial storage of cryptocurrencies

The document also guarantees the ability to use bitcoin as a means of payment

Oct 23, 2024

SEC chair: Commission will continue to regulate the crypto industry through lawsuits

According to Gary Gensler, the approach is justified because of the risks associated with cryptocurrencies

Oct 18, 2024

Kenya’s tax authority will introduce a system to monitor crypto transactions in real time

The system, integrated into crypto exchanges, will record the amount and time of each transaction

Oct 16, 2024

Kazakhstan’s regulator proposes to ban banks from making payments to foreign crypto exchanges

Amendments to the regulation of financial institutions have been published for public discussion until October 30

Oct 14, 2024

South African tax authorities have started requesting user data from crypto exchanges

To avoid consequences, the agency encouraged taxpayers to participate in a voluntary disclosure program

Oct 11, 2024

OKX obtains a license in the UAE and launches a local platform for retail and institutional investors

The exchange also allowed local customers to deposit and withdraw fiat currency

Oct 10, 2024

Thailand’s SEC proposes allowing private funds to invest in cryptocurrencies

The regulator aims to make the local market more in line with global trends

Oct 8, 2024

Crypto com sues the SEC for exceeding its authority and violating the Administrative Procedure Act

The exchange emphasized that the commission cannot regulate commodity crypto derivatives

Oct 7, 2024

UAE authorities abolish VAT on transfers and conversion of cryptocurrencies

Crypto companies registered in the country will be able to reimburse previously paid taxes

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