Crypto / Digital Assets

    Crypto / Digital Assets

    Mitsui to Launch Japan’s First Gold-Pegged Cryptocurrency

    By Mark Johnston | 08/02/2022

    ZipangCoin will be made available to retail investors this month through Digital Asset Markets Inc, which is partly owned by Mitsui & Co.

    AML / KYC

    GLEIF Publishes Governance Details for Digitally Verifiable LEI

    By Manesh Samtani | 08/02/2022

    The vLEI Ecosystem Governance Framework is part of an initiative to ensure that every legal entity has a digital identity that can be trusted and easily verified.

    Fintech / Regtech

    UK Issues Tax Guidance for DeFi Lending & Staking

    By Editors | 07/02/2022

    CryptoUK says the approach would create an “unnecessary burden” for crypto investors and create tax compliance confusion.

    Fintech / Regtech

    Myanmar Military Government Seeks to Launch Digital Currency

    By Editors | 07/02/2022

    Myanmar’s military regime is reportedly considering issuing a digital currency as a joint venture with local companies.

    Fintech / Regtech

    BOT Sets Out Plans for ‘New Financial Landscape’

    By Mark Johnston | 07/02/2022

    The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.

    AML / KYC

    Crypto Prepares for a Regulated Future

    By David Liu | 07/02/2022

    As crypto goes mainstream, regulatory compliance will require robust and financial institution-grade AML and KYC processes, says David Liu.

    AML / KYC

    Australian Billionaire Launches Criminal Proceedings Against Facebook

    By Editors | 06/02/2022

    Fortescue Metals Group chairman Andrew Forrest alleges that Facebook broke AML laws by failing to prevent crypto scams from being advertised on its platform.

    Fintech / Regtech

    IMF Urges El Salvador to Remove Bitcoin’s Legal Tender Status

    By Editors | 03/02/2022

    The IMF said the adoption of a cryptocurrency as legal tender entails “large risks” relating to financial stability, financial integrity, and consumer protection.

    Fintech / Regtech

    India to Introduce Digital Rupee in Coming Fiscal Year

    By Manesh Samtani | 03/02/2022

    Finance minister Nirmala Sitharaman said the RBI will introduce a CBDC in the coming fiscal year and crypto profits will be taxed at 30 percent.

    Fintech / Regtech

    Thailand Finalises Tax Policy for Income from Crypto Trading

    By Editors | 02/02/2022

    Individuals will have to include profits from cryptocurrency trading as assessable income when filing personal income tax returns.

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