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3232New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework
https://www.digit.info/new-zealand-seeks-to-adopt-oecds-crypto-asset-reporting-framework/
Wed, 28 Aug 2024 17:30:21 +0000https://www.digit.info/new-zealand-seeks-to-adopt-oecds-crypto-asset-reporting-framework/Read more]]>The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and […]
]]>South African Financial Sector Regulator Declares Crypto Assets a Financial Product
https://www.digit.info/south-african-financial-sector-regulator-declares-crypto-assets-a-financial-product/
Thu, 20 Oct 2022 07:30:41 +0000https://www.digit.info/2022/10/20/south-african-financial-sector-regulator-declares-crypto-assets-a-financial-product/Read more]]>According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers (CASP), such as exchanges, must apply for a license. Declaration Applicable to Any Digital […]