Regulation
Hong Kong issues policy statement on crypto
New World CEO said Hong Kong could become the only place in China where virtual asset services are legal, citing the new regulations.
Oluwapelumi Adejumo 3 min read
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Taxes
Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency
Costa Rican Congresswoman Johana Obando proposed a crypto-friendly bill, titled "Cryptoassets Market Law (MECA)," to regulate and exempt crypto tax profits generated from mining activities.
Regulation
US lawmakers express concern over crypto firms hiring former government officials
The lawmakers said Americans need to be sure that government policies were not being created to "cater to the crypto industry’s desire to 'avoid the sort of regulatory crackdown it has faced in China and elsewhere.'"
CBDCs
Australia confirms crypto transactions will be subject to capital gains tax
In the budget papers released on Oct. 25, the Australian government clarified that all cryptocurrency investors will be subject to a crypto gains tax on profits they made through selling or trading through a centralized exchange.
People
Is China about to catalyze the crypto bull market through Hong Kong?
Arthur Hayes speculates whether greenlighting retail participation in Hong Kong is a sign that China wants crypto back.
Regulation
Monetary Authority of Singapore proposes new measures to regulate crypto, stablecoins
Monetary Authority of Singapore (MAS) published two consultation papers with a host of new regulatory measures to limit activities of digital payment token services, stablecoin issuers and their customers.
Regulation
Stablecoin regulation could spell the beginning of the end for DeFi
One of the key areas of centralization is found with the various stablecoins that make up a large portion of the DeFi economy.
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Regulation
UK lawmakers votes to recognize crypto as regulated financial instrument
Regulation
South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
Regulation
Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin
Regulation
