South Korea’s Jeju City targets crypto holdings of alleged tax dodgers
Tax officials in Jeju City, the capital of the South Korean island province of Jeju, have reportedly started the process…
Category: Legal
Legal Vacuum: Chinese Provinces’ Agony Over Seized Crypto Disposal
China’s local legislature has formally declined to create local rules for disposing of seized cryptocurrency. Instead, it called for national-level…
India’s Tax Authority Pushes to Reshape Crypto Framework: Tax, Regulatory Clarity, Administrator Agency
Story Highlights CBDT is asking platforms to explain how taxes, unclear regulations, and liquidity issues have affected them. It also…
Hong Kong warns of fraud risk after new stablecoin rules
A Hong Kong Securities and Futures Commission (SFC) official has warned that the introduction of the new local stablecoin regulatory…
Fuze hit with fine as Dubai\’s VARA spots AML failures
The Dubai Virtual Assets Regulatory Authority (VARA) has issued a notice on its website stating that it has fined Morpheus…
Brazilian Crypto Industry Takes Action to Avoid Tax Obliteration
The cryptocurrency industry is mobilizing in Brazil to shut down the Provisional Measure that expands the crypto income tax for…
U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity
The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to…
$30M scheme to buy Trump pardon for Roger Ver collapses
A $30 million plan to buy a presidential pardon for Roger Ver, a.k.a Bitcoin Jesus, charged with tax evasion, collapsed…
Circle\’s Jeremy Allaire on GENIUS Act: \’Internet of Money Has Arrived\’
Jeremy Allaire, cofounder of Circle, the company behind USDC stablecoin, has dropped a motivational post on X. Allaire emphasized the…
Sherrod Brown, targeted by crypto PAC in 2024, to run for US Senate again
Former Ohio Senator Sherrod Brown, who lost his US Senate seat in 2024 to Republican Bernie Moreno amid more than…