Friday, Feb 07, 2025
Hot Topics
Topic: Regulatory
Stablecoin Issuer Paxos To Acquire Membrane Finance to Gain EU Access
Stablecoin issuer Paxos will acquire the Finnish E-money institution Membrane Finance. While subject to regulatory appro...
South Korea FSC to Regulate Mass-Produced NFTs as Regular Cryptocurrencies
South Korea’s Financial Services Commission (FSC) published new guidelines to regulate NFTs. According to the new rules,...
OKX Pays Penalty in Malta Over “Regulatory Failings”
Cryptocurrency exchange OKX quietly settled with Malta’s Financial Services Authority (MFSA) after the exchange paid a “...
KuCoin Steps Out as the First FIU-Compliant Global Crypto Exchanges in India
One of the leading cryptocurrency exchanges, KuCoin, announced its latest groundbreaking milestone as it became India's...
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.