Hong Kong Proposes Regulatory Framework for Stablecoins

by Александр Пирогов | Dec 28, 2023 | Blog News

Hong Kong has introduced a regulatory proposal for the stablecoin industry, outlining a legal framework that mandates stablecoin issuers to acquire a license within the city. The proposal, collaboratively released by the Hong Kong Monetary Authority (HKMA) and the...

South Korea asks for disclosure of Cryptocurrency Holdings of officials

by Александр Пирогов | Dec 28, 2023 | Blog News

The South Korean government has announced the implementation of a unified public official asset disclosure service, incorporating the registration of cryptocurrency holdings. Beginning January 1, 2024, asset disclosure information for public officials, including...

SEC Sets December 29 Deadline for Spot Bitcoin ETF Amendments

by Александр Пирогов | Dec 27, 2023 | Blog News

The U.S. Securities and Exchange Commission (SEC) has established a deadline of December 29 for spot Bitcoin ETF applicants to finalize their filing amendments. Spot Bitcoin ETF issuers have been informed that applications fully updated and submitted by this date will...

Grayscale Investments Announces Leadership Changes Ahead of SEC’s ETF Decision

by Александр Пирогов | Dec 27, 2023 | Blog News

Grayscale Investments, a prominent crypto asset management firm, has undergone leadership changes as it awaits the Securities and Exchange Commission’s (SEC) decision on its Bitcoin Trust (GBTC) application to become a U.S. spot exchange-traded fund (ETF). Barry...

Ripple Secures Regulatory Approval for Crypto Services in Ireland

by Александр Пирогов | Dec 27, 2023 | Blog News

Global payments network Ripple has achieved a significant milestone with official regulatory approval from the Central Bank of Ireland to offer crypto services in the country. The approval includes Ripple’s Irish subsidiary, Ripple Markets Ireland Limited, and...

Japan Plans Tax Reforms for Cryptocurrencies in 2024

by Александр Пирогов | Dec 27, 2023 | Blog News

Japan is considering significant tax reforms for cryptocurrencies in 2024, with a focus on taxing corporations based on their profits from virtual currency sales. The proposed changes also aim to establish a tax system for individual investors aligning with the tokens...