Airdrops Will Be Subject to Donation Tax in South Korea
Airdrops of virtual assets could be liable to gift tax, according to the tax legislation, as the Korean Ministry of Strategy and Finance has interpreted...
Category : Regulation
News about Regulation
Cryptocurrencies and blockchain technology are relatively new to everyone. That is why many countries are still adjusting to this new world and starting to establish laws and regulations about it.
To avoid problems and penalties, and to take advantage of all the opportunities, you should be aware of everything about cryptocurrency regulations.
In this section of The Cryptocurrency Post you will find all the news you need to stay up to date.
Different Agencies Continually Wrestle to Bring Crypto Industry Under their Purview
According to a Thursday’s opinion piece on Reuters, cryptocurrency ventures can divide and conquer Washington’s regulatory fiefdoms....
South Korean Regulator Plans to block 16 Foreign Crypto Exchanges that Lack Domestic Licenses
The Financial Services Commission (FSC), which oversees the financial industry in South Korea, intends to restrict domestic users’ access to global cryptocurrency exchanges that are...
European Central Bank Begins Work on Crypto Regulation
The European Central Bank has built the basis for the factors it would take into account when unifying the licensing requirements for crypto assets in...
Crypto.com granted a permit to perform crypto activities in the UK
According to data that was made public on Tuesday, digital asset exchange Crypto.com has reportedly registered with the United Kingdom’s financial regulator, the Financial Conduct...
Federal Reserve Provides New Guidance for Banks Interested in Cryptocurrency
According to a recent Reuters report, the U.S. Federal Reserve has provided more guidance for banks thinking of potentially engaging in cryptocurrency-related operations, emphasising that...
Crypto Lender Hodlnaut Files for Creditor Protection in Singapore
Hodlnaut, a cryptocurrency lender that recently halted withdrawals in response to market conditions, recently applied in Singapore to be granted creditor protection....
Revolut Gets Approval To Operate in European Economic Area
The Cyprus Securities and Exchange Commission has given Revolut the go-ahead to serve European consumers with its cryptocurrency services. This makes Revolut the pioneer recipient...
India Investigates 10 Crypto Exchanges in a $125 Million Money Laundering Case
The Enforcement Directorate of India is looking into ten cryptocurrency exchanges that are reportedly involved in the laundering of more than $125 million in digital...
British Advertising Watchdog Criticizes Arsenal Football Club Over “Misleading” Crypto Promotion
The Advertising Standards Agency (ASA) has strongly criticized North London-based professional football club Arsenal for its association with digital fan token startup Socios, calling the...