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International securities regulator proposes framework for crypto assets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The International Organization of Securities Commissions (IOSCO) has proposed the first-ever global approach for regulating the crypto asset and digital markets. This game-changing development aims to fortify consumer protection and uphold market integrity across the expansive and evolving crypto landscape. In […]
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hong kong

Hong Kong regulator expands crypto oversight team 

A Feb. 6 filed report highlighted Hong Kong’s securities and futures commission’s plans to hire additional staff to provide a better supervisory role to virtual asset service providers in Hong Kong.  Until recently, only professional or retail investors with portfolios worth at least HK $8 million could use trading platforms regulated in Hong Kong.  But […]
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UK tax regulator welcomes crypto service providers with new tax exemption

United Kindom’s tax regulator invited crypto service providers to operate in its jurisdiction by announcing the inclusion of cryptocurrencies in a tax exemption program. The Commissioners for His Majesty’s Revenue and Customs (HMRC) have published legislation defining “designated crypto assets” as qualifying for the investor management exemption (IME) in transactions made from 2022 to 2023. […]
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1671598162 Residents of New York City cant trade their namesake cryptocurrency

New York financial regulator sets crypto guidelines for banks

The New York State Department of Financial Services (NYDFS) has laid out details state-regulated financial institutions must submit before gaining approval to engage in cryptocurrency-related operations. Banks must submit business plans before engaging in crypto In a statement issued Thursday, the NYDFS announced that banking institutions domiciled in the state must submit a business plan […]
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