UK to require crypto firms to report every customer transaction
United Kingdom crypto companies will need to collect and report data from every customer trade and transfer beginning Jan. 1,...
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IRS to Require Third-Party Reporting on Crypto Transactions Starting in 2025 (Report)
Starting in 2025, cryptocurrency transactions on centralized exchanges (CEX) will fall under new IRS reporting requirements, marking a significant shift...
Crypto tax rules now require reporting of transactions over $10K
New cryptocurrency tax reporting obligations came into effect on New Year’s Day, crypto advocacy group CoinCenter said on Jan. 2.According...
Singapore MAS tokenization standards require overhaul to realize innovation potential
The Monetary Authority of Singapore’s (MAS) Project Guardian has been making waves in recent months for its progressive approach to...
European Parliament approves controversial Data Act, which may require kill switches on smart contracts
The European Parliament said on Nov. 9 that it has voted in favor of a Data Act that will set...
Australia plans to require crypto exchanges to obtain licenses to curb risks, Banking & Finance
CRYPTO exchanges in Australia will soon be required to hold a financial-services license issued by the markets regulator as the...
Bitcoin Donation Company Says Gifted Crypto Should Require Less Paperwork
Crypto fundraising platform “The Giving Block” sent a letter to Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) on Friday...
Federal Reserve will require state banks to get written ‘non-objection’ from central bank before engaging with stablecoins
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South Africa to require crypto exchanges licensing by year-end
South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according...
Singapore to require crypto firms to put user assets into trusts by year-end
Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3,...