Key takeaways: In a bid to bolster control and oversight in the cryptocurrency taxation landscape, Spain has mandated residents with crypto assets on non-Spanish platforms to declare them by March 31, 2024. The country’s tax agency has introduced Form 721,…
Key Takeaways: The South Korean government, along with the ruling party, is considering postponing the tax on cryptocurrency gains from January 2025 to January 2028 in the upcoming tax revision proposal. This proposed delay aligns with the introduction of South…
Key takeaways: On August 17, 2023, BlockFi, formerly a prominent cryptocurrency lending company, initiated the process of allowing eligible clients in the United States to withdraw their digital assets. This event follows a court directive and represents a noteworthy advancement…
Key Takeaways: In an unforeseen development for the cryptocurrency world, Coinbase, a leading digital currency exchange, has received regulatory approval to introduce crypto futures trading within the United States. This decision comes as a result of Coinbase’s successful engagement with…
key takeaways: In an unexpected twist of events, Dasset, a well-established cryptocurrency exchange situated in New Zealand, has recently made a surprising announcement about entering into a state of liquidation. The challenges faced by cryptocurrency enterprises show no sign of…
Kim Nam-kuk, a lawyer and politician from South Korea, will apparently liquidate his bitcoin holdings due to a conflict of interest with his holdings.Â
Key Takeaways: In the dynamic realm of decentralized finance (DeFi), Opyn, a prominent options protocol, finds itself at a crossroads, with recent regulatory developments prompting a significant shake-up in its leadership. Co-founders Zubin Koticha and Alexis Gauba have made the…
Key takeaways: As a result of an investor missing a deadline to make a US$1.25 million payment, the troubled cryptocurrency exchange Zipmex is having problems with its US$100 million venture capital acquisition, according to Bloomberg. After being impacted by the…
Justin Sun, the creator of Tron, has been accused of fraud and selling unregistered securities, according to the Securities and Exchange Commission.
The Central Bank of the United Arab Emirates (UAE) and the Reserve Bank of India (RBI) have decided to work together on cross-border central bank digital currency (CBDC) transactions for commerce and remittances.
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