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The UAE’s RAK DAO free economic zone is planning to unveil legal framework for decentralized autonomous organizations, the wave of the crypto taxes rise in the EU and the approval of the Bitcoin ETFs options trading in the USA. The highlight of the past week.
The UAE’s RAK DAO free economic zone is planning to unveil legal framework for decentralized autonomous organizations, the wave of the crypto taxes rise in the EU and the approval of the Bitcoin ETFs options trading in the USA. The highlight of the past week.
Singapore has seen a notable increase in cryptocurrency transactions, particularly in the retail sector, with the total value of crypto received by merchant services reaching nearly $1 billion in the second quarter of 2024. Our new article provides an insightful overview of the growing adoption of cryptocurrencies in Singapore, highlighting key trends and factors contributing to this phenomenon.
The U.S. Government’s enforcement actions against crypto market makers for wash trading, risks to delist USDT from European crypto exchanges and Dubai’s VARA fines for crypto activities without license.
The UAE is going to exempt crypto transfers from VAT, SWIFT plans to begin live trials for transactions involving tokenized assets and cryptocurrencies and Kazakhstan’s crackdown on illegal cryptocurrency activities. The highlight of the past week.
CEO of the now-deduct crypto-investing firm Alameda Research has been sentenced for two years, new crypto marketing requirements by VARA and Hong Kong’s plans to alight crypto regulations with European standards. The highlight of the past week.
The seizure of 47 crypto exchange services by Germany’s law enforcement, integration of the USDC stablecoin into financial system of Brazil and FATF report on India’s measures to combat money laundering. The highlight of the past week.
The new clarification of the U.S. SEC that crypto tokens are not always securities, the new Bill in the U.K. to recognize crypto as property and Hong Kong’s effort to strengthen supervision of crypto OTC trading. The highlight of the past week.
Malaysia has a relatively favorable stance on cryptocurrencies, it is crucial for investors and exchanges to comply with the regulatory framework set by the SCM. The country's approach balances the need for innovation with the requirement for investor protection and financial stability. Malaysia is crypto-friendly in the sense that it allows regulated crypto trading, but it also imposes strict regulations to ensure that the market operates transparently and securely.
The all-new national AML/CFT strategy of the UAE, the settlement between Uniswap and CFTC and India’s move to allow several crypto exchanges in the country. The highlight of the past week.
Indonesia has officially recognized cryptocurrencies as commodities, allowing their trading on specialized exchanges while prohibiting their use as legal tender. The country has a unique crypto regulation and it is the only one globally which established a state-owned crypto exchange. Our new article about evolving crypto landscape in one of the crypto-pioneering countries.
The Abu Dhabi Global Market regulatory proposals for fiat-backed tokens, a shift of MakerDAO to a more regulatory compliant ecosystem and a summary of three years of bitcoin adoption in El Salvador. The highlight of the past week.