Hong Kong may issue virtual asset trading licenses to at least eight cryptocurrency-related firms by the end of the year, as part of the city’s new licensing regime. According to Forkast News, the regulators are working on the new crypto licensing program set to take effect in June 2023. They include requiring firms to establish a...Read More
The Government of Vietnam has just issued Decree No. 53/2022/ND-CP dated August 15, 2022 detailing a number of articles of the Cybersecurity Law (“Decree 53”).Read More
This Decision states that the revised Proposal of Law on Anti-Money Laundering's contents have made the Party's policies and lines, the State's policies and laws, the Government's direction, the Prime Minister's direction, and international commitments on the prevention and combat of money laundering more concrete.Read More
Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.Read More
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years.Read More
Following the President’s Executive Order, New Reports Outline Recommendations to Protect Consumers, Investors, Businesses, Financial Stability, National Security, and the EnvironmentRead More