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Hong Kong Aims for New OTC Crypto Services Regulations

If the new regime takes effect, the SFC will collaborate with the C&ED to oversee OTC services in Hong Kong. Financial hub Hong Kong looks...

China Tightens Regulations on Virtual Assets Amid Increased Money...

China’s Supreme Court and Supreme Procuratorate have updated the Criminal Law to include “virtual asset” transactions as a method of money laundering. This new...

Turkey Sees a Surge in Crypto Licenses as New...

Turkey's new crypto legislation has sparked an influx of 47 license applications. 76 crypto exchanges, including Coinbase and KuCoin, have applied for licenses...

Ghana Proposes Stricter Regulations for Virtual Asset Providers Amid...

Bank of Ghana proposes strict regulations for VASPs to prevent financial crime. New regulations require VASPs to acquire authorization or risk being considered...

IRS Issues Crypto Broker Regulations

The US Internal Revenue Service (IRS) has issued its final draft of rules for crypto brokers to report income, offering clarifications on the scope...

The EU Will Enforce Strict Stablecoin Regulations by June...

The free reign stablecoin issuers had in the European markets is ending on June 30 as the EU’s MiCA (Markets in Crypto Assets) regulations...

Crypto Businesses to Comply With Nigeria’s New Regulations Within...

The Nigerian Securities and Exchange Commission (SEC) has released new guidelines geared to Virtual Asset Service Providers (VASPs). An amendment of the Rules on...

Crypto Taxes Have to Wait, Regulations May Come Soon...

Turkey is not going to impose taxes on profits from trading crypto assets and stocks, clarified an official from the country’s finance ministry. The...

European Union Passes Heavy String of New Crypto Regulations

The European Parliament has approved some of the most sweeping digital currency regulations the continent has ever seen. A digital euro is also planned...

The United Kingdom Announces Plans for New Crypto Regulations

The United Kingdom and its finance ministry is planning to lay the groundwork for new digital currency regulations following the collapse of popular digital...

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