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Nigeria’s tax watchdog proposes comprehensive crypto
18.8.2024
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset
Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’
23.4.2024
The lawmaker at the center of South Korea’s “Coin Gate” scandal is set to return to the Democratic Party, the National Assembly’s biggest political party.
The post Coin Gate Scandal Lawmaker ‘to Rejoin South Korea’s Biggest Political Party’ appeared first on Cryptonews
South Korean Lawmaker: Top Crypto Exchanges ‘Neglect Responsibilities’
9.1.2024
Source: efired/Adobe A South Korean lawmaker has claimed that the nation’s leading crypto exchanges are “neglecting their responsibilities to protect investors.” According to a report from Daehan Geumyoong Shinmun, the comments came from Min Byeong-deok. Min is a member of the National Assembly’s...
Angolan National Assembly Approves Crypto Law to Safeguard ‘Monetary Sovereignty’
22.12.2023
The Angolan National Assembly recently approved legislation that seeks to address crypto mining’s impact on the environment as well as safeguarding the country’s “monetary sovereignty.” The objective of this legislation is to also curb illicit activities by preventing...
Kenya’s Capital Markets Bill Defining Crypto Assets as Securities Progresses in Parliament
5.12.2023
Source: Pexels The Capital Markets (Amendment) Bill, 2023, has received approval from the National Assembly’s Finance and National Planning Committee in Kenya. On December 4, a Kenyan local news outlet, Business Daily, reported that the bill defining crypto assets as securities and including...
Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto
9.11.2023
The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency...
Kenyan Blockchain Association to Issue First Draft of The Country’s Crypto Regulation
7.11.2023
Source: Pexels The Blockchain Association of Kenya (BAK) has announced that it will prepare the first draft of the country’s blockchain legislation as it seeks to join the list of nations with proper rule clarity. According to local media reports, the lobby group met with the National Assembly...
Namibia signs crypto exchange regulation bill into law
26.7.2023
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance
South Korea Passes Crypto Bill for User Protection
3.7.2023
The bill marks the country's first step towards a digital asset legal framework
South Korea passes bill to make officials disclose Bitcoin holdings
25.5.2023
The “Kim Nam-guk Prevention Law” comes in response to a scandal involving some National Assembly members moving large amounts of crypto
UK uses Love Island star to warn finfluencers on crypto and investment schemes
7.4.2023
The financial and advertising regulators posted a seven-part checklist to ensure these social media stars stay within the bounds of the law
Report: South Korean National Assembly to Pass Digital Asset Law in April
31.3.2023
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered...
France on the verge of passing stringent crypto firm licensing laws
1.3.2023
The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law
French National Assembly Votes for Tougher Registration Rules for Crypto Firms
28.2.2023
The approval Tuesday means a new regime cast in the wake of the FTX collapse will pass into law
French Lawmaker Denies He Was Paid to Promote a Crypto Scam in National Assembly
22.2.2023
A French lawmaker has been accused of promoting limocoin swap (LMCSWAP), a “suspicious” African crypto project – but denies claims he was paid to talk up the coin in the National Assembly by lobbyists.
The claims were the latest to come from the newspapers Le Monde and MediaPart’s investigations...
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country
31.1.2023
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after...
South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
26.1.2023
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act
Report: Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions
5.12.2022
A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report has said. Nigeria is reportedly seeking to join six other countries, including two from Africa...
How South Korea’s National Assembly Got Stood Up by Crypto Industry Reps at Terra Hearing
26.10.2022
Only two crypto executives represented the industry, though lawmakers asked five to attend
Key witness called to testify at Terra parliamentary inquiry is a no-show
25.10.2022
Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July