Crypto

South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders
South Korea’s Gyeonggi Province tax department traced the crypto accounts through the mobile numbers of the delinquents held by local authorities.

South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the effect of tokenization on domestic markets.

Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
Public consultations on stablecoins and over-the-counter trading are already in progress.

Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says
Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with representatives of the crypto sector to discuss upcoming regulations.

Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.





