South Korea to Form Committee to Review Spot Crypto ETF Plans
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South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee…
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
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The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space….
FATF Urges India to Strengthen Virtual Asset Regulation
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India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and…
Regulators Partner to Bolster UAE’s Crypto Hub Status
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United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets…
40 Nations Join US and South Korea in Combating North Korean Crypto Crimes
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The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on…
Bank of Ghana Unveils Proposed Virtual Asset Regulations
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The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to…
Seychelles Approves Bill on Virtual Asset Regulation
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The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to…
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
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The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced…
Zimbabwean Regulators Develop Framework for Virtual Assets Trading
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The Securities and Exchange Commission of Zimbabwe (SECZ) and the Reserve Bank of Zimbabwe (RBZ) are reportedly developing a framework for virtual…