Last week, tax authorities in the United Kingdom, Spain, and Brazil made announcements regarding the taxation of cryptocurrency holdings. In the UK, HMRC demanded that hodlers declare any previously unreported crypto holdings and reminded taxpayers of the daily interest charged on late payments. Spanish citizens were reminded of their obligation to declare crypto, even if […]
South Korean financial regulators have called on consumers to report any unlicensed cryptocurrency exchanges operating in the country. The Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA) are collaborating on this initiative. The largest virtual asset exchanges in South Korea, including Coinone, Korbit, Gopax, Upbit, and Bithumb, are part of DAXA. Reports […]
South Korean financial regulators have called on consumers to report any unlicensed cryptocurrency exchanges operating in the country. The Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA) are collaborating on this initiative. The largest virtual asset exchanges in South Korea, including Coinone, Korbit, Gopax, Upbit, and Bithumb, are part of DAXA. Reports […]
Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]
Swiss banks have made history by issuing the first digital bonds using real Swiss francs (CHF) on a regulated distributed ledger technology (DLT) platform. This achievement was made possible through a collaboration between Switzerland’s SDX and SNB. The successful CHF digital bond transactions with wCBDC mark a significant milestone in the world of finance. This […]
Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]
Financial regulators in South Korea have issued an update urging users to report any unlicensed cryptocurrency exchanges operating in the country. The Digital Asset Exchange Association (DAXA) and the Financial Intelligence Unit (FIU) are working together on this initiative. DAXA consists of five major virtual asset exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, […]
Binance, the world’s largest cryptocurrency exchange, has announced Richard Teng as its new CEO. Teng, previously the head of regional markets for Binance, has taken over from Changpeng ‘CZ’ Zhao, who stepped down following charges from the U.S. Department of Justice. Teng’s main focus is on ensuring compliance and has invested in building a strong […]
Binance, the world’s largest cryptocurrency exchange, has announced Richard Teng as its new CEO. Teng, previously the head of regional markets for Binance, has taken over from Changpeng ‘CZ’ Zhao, who stepped down following charges from the U.S. Department of Justice. Teng’s main focus is on ensuring compliance and has invested in building a strong […]
Ripple vs. SEC: Latest Updates on the LawsuitThe legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical phase in November 2023. Both parties have submitted a joint proposal outlining the next steps in the lawsuit, focusing on the remedies briefing and discovery process.John E. Deaton, a lawyer […]
