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UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
9.12.2022
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub
DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views
16.11.2022
A consultation published today looks at issues like governance, structure, money laundering and taxes
RichQUACK reforms its roadmap embraces DEX features
14.11.2022
RichQUACK has released a new roadmap with a more comprehensive look at the project’s future steps. The popular meme coin project is pivoting away from metaverse growth after many setbacks and the loss of personal assets in favor of features more akin to a decentralized exchange (DEX)....
UK Law Commission to review international laws on crypto to consider legal reforms
18.10.2022
The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023
Japan considers implementing tax reforms to prevent capital flight of crypto startups
25.8.2022
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector
Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’
8.8.2022
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage...
UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’
28.7.2022
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be reviewed. Reforming the laws will not only protect the rights of users and maximize the potential of digital assets...
Law Commission for England and Wales proposes reforms for digital assets
28.7.2022
The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection
Activision Blizzard Devs Demand Breastfeeding Protections And Other Reforms
25.5.2022
10 months after a California lawsuit alleged widespread sexual harassment and discrimination at Call of Duty publisher Activision Blizzard, employees at the company don’t feel like it’s made the necessary changes and have created a worker committee to demand further reforms. Chief among them...
El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits
9.3.2022
On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which...
Australian government gives nod to 6 world leading crypto reforms
8.12.2021
“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push
25.7.2021
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them...
UK chancellor names CBDC on list of financial reforms for Treasury
1.7.2021
“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak
Portman & Yellen Talk Tax Reforms at Finance Hearing
17.6.2021
The recent Senate Finance Committee saw Portman addressing the claims of Committee Democrats regarding the TCJA (Tax Cuts and Jobs Act.) Senator Portman highlighted the overwhelming positives and wide-ranging effect of the legislation. Portman questioned Janet Yellen (Secretary of the Treasury)...
Forex Reforms Will ‘Deal With Cryptocurrency,’ Says Chinese Government
24.12.2019
New forex reforms in China will reportedly deal with the country’s cryptocurrency policy as well
PDAX Teams Up With UnionBank for Blockchain-based Technical Reforms
30.11.2019
Philippines Digital Asset Exchange (PDAX) has strategically partnered with UnionBank of the Philippines to receive an investment as part of its growth plans based on blockchain technology in the Philippines. The partnership will obtain the investments from UnionBank via its fintech subsidiary...
High-Level Indian Panel Working on Far-Reaching Reforms in Country’s Fintech Sector
3.9.2019
The Fintech sector has become one of the fast-growing sectors globally, and it has become an important sector in India as well, which remains one of the biggest economies in the world. The government of India has pushed the usage of Fintech solutions for the everyday transaction and came up with...
Japanese Exchanges Ask Regulator to Make Cryptocurrency Tax Reforms
23.7.2019
Source: iStock/violet-blue
The self-governing Japan Virtual Currency Exchange Association (JVCEA) has asked the country’s top financial regulator to change the way cryptocurrency-related earnings are taxed.
The JVCEA represents all of Japan’s licensed cryptocurrency exchanges and a range...