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Policy
South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.
Japan's Self-Regulatory Project in Peril as Financial Regulator Reprimands Crypto Advocacy Group: Report
The JVCEA has received an “extremely stern warning” over delays in anti-money-laundering rules and poor governance.
'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.
Indian Exchanges Hold Meeting to Discuss Way Forward After Crypto Advocacy Body Is Dissolved: Sources
The meeting is currently underway and at least 10 major exchanges are involved in the deliberations.
Dubai Unveils Metaverse Strategy, Aims to Attract Over 1,000 Firms
The strategy is expected to support the creation of more than 40,000 virtual jobs by 2030.
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston, Texas.
India's Crypto Industry Advocacy Body Disbanded
The Blockchain and Crypto Assets Council was the country's only crypto lobbyist group.
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
The Catawba Digital Economic Zone in South Carolina hopes to attract crypto companies to remotely incorporate under its laws.
International Standard Setters Publish Guidance on Stablecoin Regulations
The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
Banque de France head François Villeroy de Galhau said the work ensures that France stands ready to bring central bank money as a settlement asset as early as 2023.
