UAE issues first NFT stamps in the Middle East
The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day. Go to Source Powered by WPeMatico
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Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead of Election, Major Parties Support Tax Break for Crypto Investors … Read more
Crypto’s impact on sanctions: Are regulators’ concerns justified?
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption. Go to Source Powered by WPeMatico
India misinterpreted private crypto ban, says crypto bill creator
India’s former finance minister Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.” Go to Source Powered by WPeMatico
India’s crypto unicorn CoinDCX has no immediate plans for IPO
CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August. Go to Source Powered by WPeMatico
UK Law Commission affirms English and Welsh laws apply to smart contracts
“The Law Commission’s analysis demonstrates the flexibility of the common law to accommodate technological developments, particularly in the context of smart legal contracts,” said the announcement. Go to Source Powered by WPeMatico
European Council approves two digital asset proposals
A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union. Go to Source Powered by WPeMatico
Finnish regulators tighten the screw on virtual currency marketing
The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing. Go to Source Powered by WPeMatico
SEC open meeting on Dec 2 to include crypto panel discussion
The SEC is opening discussion on crypto and blockchain technology with regard to American investors. Go to Source Powered by WPeMatico
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
The senator said he had “significant concerns with the non-standardized terms applicable to redemption of particular stablecoins” in separate letters to eight crypto firms. Go to Source Powered by WPeMatico
