New Argentine Law Provides People With Chance to Legalise Undeclared Crypto
The scheme allows taxpayers to legalize holdings with a flat tax on assets—5% if declared by March 2024
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Latest firstNigeria’s Central Bank Lifts Ban, Allows Banks to Facilitate Crypto Transactions
Key Takeaways In a groundbreaking policy shift, the Central Bank of Nigeria (CBN) has decided to lift restrictions on Nigerian banks engaging in cryptocurrency transactions, marking a significant development in the country’s financial landscape. This move comes nearly two years…
Global Crypto Regulation Call: China’s Central Bank Proposes Collaborative Framework
The PBoC discussed concerns about cryptocurrency regulation and DeFi, advocating for a global initiative to create crypto regulations.
IOSCO Unveils Nine Recommendations for Crypto Sector Oversight
Key Takeaways In a bid to foster consistent regulatory oversight within the crypto sector, the International Organization of Securities Commissions (IOSCO) revealed a set of nine policy recommendations on December 19. As the global standard-setter for securities markets regulation, IOSCO…
IOSCO Unveils Global Policy Framework for Crypto Market Regulation
Key Takeaways In a significant move towards global regulatory coherence, the International Organization of Securities Commission (IOSCO) has unveiled its conclusive report containing comprehensive policy suggestions for the regulation of crypto and digital asset (CDA) markets. As the global standards…
Turkey Nears Exit from FATF Grey List; to address Crypto Taxation Policy
Key Takeaways In a strategic move aimed at bolstering its economic standing, Turkey is on the brink of implementing comprehensive regulations for its rapidly expanding crypto market. The key objective is to guide the nation out of the Financial Action…
New York Regulators Unveils Stricter Criteria for Crypto Listings
The financial regulator says that to better safeguard investors, guidelines for companies listing and delisting cryptocurrencies have been strengthened.
Democratic Party of Korea Mandates Election Candidates to Disclose Crypto Holdings
Key Takeaways The Democratic Party of Korea has taken a significant step by making it mandatory for prospective candidates to disclose their holdings in virtual assets before the upcoming general election in 2023. This move is part of the party’s…
Crypto Advocacy Group Resists Proposed IRS Rules on Brokers
In a letter of comment, the Blockchain Association mostly opposed the tax legislation that the IRS had proposed.
Indian Supreme Court Denies Petition for Crypto Trading Regulations
A PIL that sought to create rules and a set of principles for cryptocurrency trading in India was denied consideration by the Indian Supreme Court.