COINBASE ANNOUNCES NEW MEASURE TO INCENTIVIZE INTERNATIONAL ADOPTION OF USDC |1300 HKT | 0600 UKT | 21 OCTOBER 2022

by Александр Пирогов | Oct 21, 2022 | Blog News

US-based cryptocurrency exchange Coinbase states that the adoption of USDC has been more conservative outside of the US. According to its research, there is currently 3 times more USDC bought with USD than non-USD currencies. The exchange attributes such a cautious...

SOUTH AFRICAN FINANCIAL REGULATOR BROADENS THE SCOPE OF FINANCIAL PRODUCT TO INCLUDE CRYPTO ASSETS|1300 HKT | 0600 UKT | 21 OCTOBER 2022

by Александр Пирогов | Oct 21, 2022 | Blog News

South African Financial Sector Conduct Authority (FSCA) has declared that the definition of the financial product under the Financial Advisory and Financial Intermediary Services Act, 2002 (FAIS) will be extended to crypto assets on 19 October. A Crypto asset is...

IRS EXPANDS CATEGORY OF DIGITAL ASSETS IN ITS DRAFT 2022 TAX FORMS |1300 HKT | 0600 UKT | 21 OCTOBER 2022

by Александр Пирогов | Oct 21, 2022 | Blog News

The Internal Revenue Service (IRS) has released its draft 2022 IRS tax forms, including a section for US taxpayers to report certain transactions of digital assets such as non-fungible tokens (NFTs) and virtual currencies. Digital assets are defined as any digital...

JAPAN PLANS TO RELAX THE SCREENING PROCESS FOR EASIER LISTING OF DIGITAL CURRENCIES |1300 HKT | 0600 UKT | 21 OCTOBER 2022

by Александр Пирогов | Oct 21, 2022 | Blog News

The Japanese Virtual Currency Exchange Association (JVCEA), the governing body of Japan’s cryptocurrency exchanges, has reportedly planned to relax the screening process for listing digital tokens by authorized exchanges, which could take effect as early as December....

INDIA BECOMES THE WORLD’S THIRD-LARGEST COUNTRY IN WEB 3.0 WORKFORCE SIZE |1300 HKT | 0600 UKT | 19 OCTOBER 2022

by Александр Пирогов | Oct 19, 2022 | Blog News

India has reportedly become the world’s third-largest country in terms of the size of the Web 3.0 workforce, which accounts for 11% of the world’s talents working in this field. Published by the National Association of Software and Services Companies (NASSCOM), the...

UK LAW COMMISSION TO REVIEW THE CURRENT INTERNATIONAL LAW ON CRYPTO FOR POSSIBLE REFORM |1300 HKT | 0600 UKT | 19 OCTOBER 2022

by Александр Пирогов | Oct 19, 2022 | Blog News

The UK Law Commission launches a law reform project to review the existing private international law surrounding cryptocurrencies, digital assets and electronic documentation on 18 October. Sponsored by the Ministry of Justice, the project aims to develop reform...