47 Countries Unite to Embrace Crypto-Asset Reporting Framework by 2027
A collective commitment has been made by just under 50 national governments to "swiftly transpose" the new worldwide standard on CARF.
Other top stories
All stories
Latest firstKenyan Lawmakers Seek Blockchain Association’s Expertise in Crafting Crypto Legislation
Kenya may be the first nation in the world where industry members create the crypto regulatory framework.
Hong Kong SFC Considers Allowing Spot Crypto ETFs: Report
Key Takeaways Regulatory authorities in Hong Kong are currently evaluating the feasibility of enabling retail investor access to spot ETFs investing in cryptocurrencies, with a focus on addressing regulatory concerns effectively. Securities and Futures Commission Chief Executive Officer Julia Leung,…
Turkey’s Crypto Regulations: Striking to Remove FATF ‘Grey List’
Turkey is purportedly creating new regulations to control cryptocurrency assets in an attempt to persuade the FATF to take it off the "grey list" of countries.
Taiwan Proposes First Digital Asset Regulation Bill
Key Takeaways Taiwan has taken a significant step towards regulating digital assets by presenting its inaugural Virtual Asset Management Bill to the Legislative Yuan for its initial review. This legislation aims to establish a framework for overseeing the digital asset…
UK’s Financial Watchdog Issues 221 Warnings on Crypto Marketing Violations
Key Takeaways The United Kingdom’s Financial Conduct Authority (FCA) has reported that crypto-promoting firms have breached the country’s new crypto marketing rules a total of 221 times since they came into effect at the beginning of October. The FCA has…
Hong Kong SFC Revises Crypto Policies Address Evolving Market
The Hong Kong SFC declared that it will be updating its regulations and rules regarding the sale of virtual currencies.
EU Adopts DAC8 for Crypto Tax Reporting in Major Regulatory Move
Key Takeaways In a pivotal development, the Council of the European Union formally embraced the eighth iteration of the Directive on Administrative Cooperation (DAC8) on October 17, 2023. This adoption represents a significant stride toward cryptocurrency tax regulation in the…
Australian Government Proposes Crypto Exchange Regulation
The Australian government is moving quickly to regulate the exchange-level market, and it may soon mandate that crypto exchanges get a financial services license.
California Governor Signs Digital Financial Assets Law
The bill mandates that crypto companies operating in California must obtain a license.