IRS Appoints Two Private Sector Crypto Experts to Focus on Digital Assets, Including Former Binance.US Executive
The United States Internal Revenue Service (IRS) hired two private-sector cryptocurrency experts to focus on digital ass...
Spanish Treasury Suggests Tax Reform to Allow Seizure of Crypto for Unpaid Taxes
The Spanish Ministry of Finance proposes a tax reform allowing the government to seize cryptocurrencies and digital asse...
Hong Kong SFC Warns Crypto Exchanges to Comply by End of February
The Hong Kong Securities and Futures Commission (SFC) mandated that virtual asset investors only invest through licensed...
Turkey Confirms Its Draft Rules for Crypto Assets Are in the Final Stages
The Turkish government said its crypto asset regulation, set to introduce licensing and operating standards to trading p...
US Crypto Tax Law: Transactions over $10K Must Be Reported to IRS Within 15 Days
A new crypto tax reporting law took effect on January 1st, 2024. The law requires US citizens to report digital asset tr...
South Korea Mandates High-Ranking Public Officials Disclose Crypto Holdings
South Korea announced that its high-ranking public officials must disclose their crypto holdings starting in 2024.
Nigeria’s Central Bank Relaxes Crypto Rules, Allows Banks to Open Accounts for Crypto Firms
The Central Bank of Nigeria (CBN) revised restrictions on banks facilitating crypto transactions. The news comes after t...