The petitioner said taxing cryptocurrency gains while abolishing taxes on traditional investments is unfair.
Japan's LDP formally approved a policy proposal to build a next-generation financial system based on blockchain and AI.
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Bhutan appears to have sold around $50 million in BTC per month this year, Arkham said, but still has $252 million in bitcoin remaining.
The Law on Anti-Technology Fraud introduces five new offenses aimed at rooting out modern online scams and crimes.
They argue that crypto investors would be treated unfairly, citing an earlier repeal of the tax on gains from traditional financial products.
Pakistan passed the Virtual Assets Act, establishing a statutory digital asset regulator and introducing criminal penalties nationwide.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
South Korean regulators remain deadlocked over who can issue stablecoins, delaying progress on a new comprehensive digital asset framework.
Legislative efforts gained momentum as South Korean President Lee made developing a Korean won-stablecoin market one of his key initiatives.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Japan's FSA plans to discuss potentially allowing banks to buy and sell crypto in an upcoming meeting, according to local news reports.
No U.S. spot Bitcoin ETFs generated net inflows on Oct. 15, contrasting just one Ethereum ETF that registered net outflows.
India is unlikely to introduce legislation to regulate cryptocurrencies, Reuters reported, citing a government document.
His remarks come despite China banning much of the industry, though peer-to-peer crypto transactions and some bitcoin mining still occur.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paul Chan, Hong Kong's financial secretary, said the city's upcoming stablecoin licensing regime is set to take effect on August 1.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto capital gains will be exempt from personal income tax in Thailand if made through licensed exchanges, brokers, or dealers.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
South Korea's central bank says it will 'actively participate' in stablecoin legislation development and GSR helps a consumer products firm establish a SOL treasury.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The country aims to add insider trading regulations on crypto-related companies following a rise in scam reports, Nikkei said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.