The Supreme People’s Procuratorate said prohibiting transactions in cryptocurrencies is an important safeguard for the digital collectibles industry.
May 23, 2023The paper says authorities should consider regulations for utility tokens, governance tokens, DeFi actors, and crypto firms that resemble financial conglomerates.
May 19, 2023The former Coinbase product manager was sentenced to two years in prison for feeding his brother and a friend information about upcoming crypto listings.
May 11, 2023Nathaniel Chastain chose which NFTs to feature on OpenSea’s home page and then covertly traded those NFTs, altogether making about $57,000 in profits.
May 5, 2023MiCA is expected to come into force around July; provisions relating to stablecoins from July 2024; and provisions relating to CASPs and the travel rule from January 2025.
April 21, 2023Fair value accounting will more accurately reflect the underlying economics of crypto assets and provide more decision-useful information.
March 24, 2023Under the US tax code, collectibles are subject to a 28% capital gains tax rate, compared to 20% for stocks, bonds and cryptocurrencies.
March 23, 2023The FSC will focus on the segregation of customer assets at crypto exchanges, the supervision of token listings, and customer protection.
March 22, 2023South Korea's thoughtful approach to regulating digital assets will foster growth and innovation and result in a more vibrant and inclusive digital economy, say Rahul Advani and Angela Ang.
March 15, 2023Financial losses from crypto-related scams accounted for more than half of the total value lost through technology crime last year, police say.
March 9, 2023