The Financial Services Commission (FSC) has stated that it intends to differentiate between digital and virtual assets in a letter to the unicameral legislature of South Korea.
According to local media…
The State Duma, the lower house of the Russian parliament, is expected to receive a legislative package from the Central Bank of the Russian Federation (CBR) regarding the regulation of digital financial assets…
Indonesia’s Financial Services Authority (OJK) will soon be granted the power to oversee cryptocurrency markets and regulate cryptocurrency investments.
The local Trade Ministry now regulates the digital asset business in cooperation…
John Lee, chief executive of the Hong Kong Special Administrative Region, highlighted a bill to advocate implementing a statutory licensing scheme for issuers of digital assets.
The de facto central bank…
A recent guidance opinion document from the Brazilian Securities and Exchange Commission (CVM) discusses the topic of crypto-based securities.
The document defines cryptocurrencies as digitally represented assets that are protected by…
Among other new taxes, Portugal may levy a 28% tax on cryptocurrency capital gains profits.
Bloomberg reports that Portugal's draft budget proposal for 2023 includes higher tax rates for cryptocurrency investors.
According to…
Gavin Newsom, the governor of California, vetoed a bill that would have created a licencing and regulatory framework for digital assets.
Assembly Bill 2269, as it was known, sought to eliminate…
A U.S. district judge has given the Internal Revenue Service (IRS) permission to hunt down those who attempt to evade paying taxes on their bitcoin transactions.
The injunction comes as usage of…
The U.K. legislators recently proposed the Economic Crime and Corporate Transparency bill, empowering the local law enforcement to slap down crypto-related crimes.
The government announcement said that the new legislation would…
On September 15, participants of the crypto community responded to the proposed Digital Commodities Consumer Protection Act (DCCPA). During the second panel of the Senate Agriculture Committee hearing, invited speakers…