Greek gov’t to impose crypto taxes starting 2025
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government – but not for long as regulators are seeking new taxes on the industry early next year. Go to Source
Crypto Regulation
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South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule. Go to Source
SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce federal securities laws in the evolving crypto market. Grewal noted that the principles-based definition of securities from the 1946 … Read more
Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets. Go to Source
Ripple vs. SEC: Ripple’s landmark victory one year later
While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come. Go to Source
UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks. Go to Source
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by … Read more
Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation
In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighting the potential benefits for both investors and the U.S. economy. Chamber of Progress to Biden: Seize Opportunity for Comprehensive … Read more
Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded
The Mt. Gox rehabilitation plan, approved in 2021, moves forward with BTC and BCH repayments, and North Carolina’s CBDC ban was vetoed by the governor. Go to Source
Taiwan Mobile receives VASP license, entry to crypto market
Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it. Go to Source
