crypto asset regulation – DIGIT INFO

Australia consults on adopting OECD crypto reporting framework

DIGIT — Sun, 24 Nov 2024 08:44:58 +0000

Australia’s Treasury seeks input on implementing the crypto-asset reporting framework within its domestic tax laws.

FCA busts suspects in $1.2B illegal crypto asset business

DIGIT — Fri, 21 Jun 2024 08:44:38 +0000

FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency’s efforts to combat financial crime.

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New Japanese law may allow seizure of stolen crypto

DIGIT — Tue, 07 Jun 2022 06:04:54 +0000

Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations.

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South African Treasury on Crypto Regulations: Amendments to Relevant Laws to Be Finalized in 2022

DIGIT — Sat, 26 Feb 2022 06:30:15 +0000

The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022. Aligning Local Laws With FATF Standards The South African Treasury has said it expects the proposals to include crypto asset service providers […]

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SEC Has Taken 97 Crypto Enforcement Actions So Far — Crypto a Top Priority for Chairman Gensler

DIGIT — Mon, 24 Jan 2022 17:30:09 +0000

The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement […]

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India Has New Plan to Regulate Cryptocurrencies: Report

DIGIT — Sat, 04 Sep 2021 14:45:10 +0000

India is reportedly working on a new way to regulate cryptocurrencies. “The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies on the basis of their use cases,” according to a report. How India Will Regulate Cryptocurrencies India is reportedly planning to regulate cryptocurrencies as commodities […]

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Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset

DIGIT — Sat, 15 May 2021 03:30:41 +0000

The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine the country’s financial system.” The CBL’s warning follows an […]

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