South Korea Puts Off Crypto Tax
The National Assembly of South Korea has come to a consensus to postpone the implementation of a cryptocurrency tax until 2027.
Hong Kong to Exempt Wealthy Families and Hedge Funds from Taxes on Crypto Gains
Hong Kong is taking a progressive step towards becoming a more attractive and competitive financial hub by removing the capital gains tax on cryptocurrency investments.
Taiwan’s Regulator Will Implement Stricter AML Rules on Friday
Taiwan’s Financial Supervisory Commission (FSC) has accelerated the implementation date of its anti-money laundering (AML) regulations for cryptocurrency.
Russia Approves Crypto Tax Bill
The approval of a new bill by Russian lawmakers means that soon, industrial Bitcoin miners will have to pay taxes on their revenues.
Hashdex Amends its Crypto ETF Proposal
Hashdex, an asset management company, has resubmitted an amended application for its proposed exchange-traded fund (ETF) that aims to offer a comprehensive cryptocurrency portfolio.
Cboe to Introduce Options on Spot Bitcoin
On December 2, Cboe Global Markets, Inc. will launch the first cash-settled index options based on the price of spot Bitcoin.
SEC Collects $8.2 Billion in Crypto Penalties in 2024
In fiscal year 2024, the Securities and Exchange Commission accumulated a total of $8.2 billion in monetary penalties, marking the highest amount ever collected in the regulator’s history.
