The Finance Minister noted that this step will stimulate the development of the digital asset market in the region
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Crypto regulations
Oct 28, 2024
Hong Kong authorities will introduce tax breaks on crypto investments for private fundsThe Finance Minister noted that this step will stimulate the development of the digital asset market in the region
Crypto regulations
Oct 25, 2024
Pennsylvania House of Representatives passes a bill on non-custodial storage of cryptocurrenciesThe document also guarantees the ability to use bitcoin as a means of payment
Politics
Oct 21, 2024
Japan’s DPP party leader to cut crypto gains tax to 20% if electedThe party currently holds only seven seats in the lower house of parliament
Crypto regulations
Oct 18, 2024
Kenya’s tax authority will introduce a system to monitor crypto transactions in real timeThe system, integrated into crypto exchanges, will record the amount and time of each transaction
Crypto regulations
Oct 16, 2024
Kazakhstan’s regulator proposes to ban banks from making payments to foreign crypto exchangesAmendments to the regulation of financial institutions have been published for public discussion until October 30
Crypto regulations
Oct 7, 2024
UAE authorities abolish VAT on transfers and conversion of cryptocurrenciesCrypto companies registered in the country will be able to reimburse previously paid taxes
Business
Oct 7, 2024
Tether will launch a new product on the EU market in compliance with the MiCA lawThe Markets in Crypto-Assets regulation introduces requirements for the holding of stablecoin reserves and issuer registration
Crypto regulations
Oct 3, 2024
Taiwan’s regulator to introduce jail terms for violating crypto firm registration rulesVirtual asset service providers operating in the country must complete registration by October next year
Crypto regulations
Sep 26, 2024
Dubai regulator tightens rules on promoting cryptocurrency servicesCrypto companies have been required to accompany their investment products with a risk disclaimer
Crypto regulations
Sep 26, 2024
Korea’s regulator fined Worldcoin $830 000 for data collection violationsOfficials allowed the project to continue operating in the country provided the violations were corrected
Crypto regulations
Sep 25, 2024
Turkish authorities will not impose a tax on crypto trading this yearPreviously, the country introduced fines and jail terms for violating the rules of handling cryptocurrency
Crypto regulations
Sep 24, 2024
Congressmen urge the SEC to repeal the rule on accounting for client crypto assets as liabilitiesThe letter notes that the regulator has violated the norms of the legislative process, and the rule itself hinders innovation