South African regulator may license 36 crypto companies in December
South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs)…
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Hong Kong Securities Association suggests ICO to boost island’s economy
The suggestion that Hong Kong could make an “Initial Coin Offering” (ICO) appeared in a list of propositions formulated by…
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Crypto ownership in Canada slips in 2023, but average value of holdings rises
The number of crypto hodlers in Canada dropped slightly in 2023, but the average value of their holdings rose significantly.…
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UK crypto hodlers get a call from the tax grinch
His Majesty’s Revenue and Customs (HMRC) has instructed crypto users in the United Kingdom to declare and pay their taxes…
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Zipmex proposes to pay creditors 3 cents per dollar
Embattled Thai crypto exchange Zipmex is offering its creditors 3.35 cents per dollar for initial claims, with further payouts in…
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Spanish citizens to declare foreign crypto holdings by end of March 2024
Spanish residents holding any crypto assets on non-Spanish platforms will have to declare them by March 31, 2024, under new…
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The end of an era for Binance, troubles for Kraken: Law Decoded
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal. Source link
Average value of undeclared crypto in Japan dropped 19% in 2022
According to Japan’s tax authorities, while the total number of tax violations through cryptocurrencies has risen in the country, the…
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CASPs should work on protocol interoperability, self-hosted wallets
The European Union’s banking regulator, the European Banking Authority (EBA), wants to update existing anti-money laundering rules and focus on…
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US regulators continue to discuss crypto: Law Decoded, Nov. 13–20
The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses…
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