Latest News and Articles about Crypto Regulation
South Korea’s Crypto Regulation: Navigating Political Turmoil with Cautious Optimism
South Korea’s Crypto Policy: Balancing Hope with Pragmatism Amid Political Chaos South Korea is grappling with political upheaval following the impeachment of President Yoon Suk-yeol, yet the government maintains a cautiously optimistic stance on cryptocurrencies. Deputy Prime Minister Choi Sang-mok has affirmed that despite the current legislative pause and the deferment of crypto taxes until […]
Read MoreUS Initiates First Criminal Case for Crypto Tax Evasion, Signaling Regulatory Shift
US Crypto Tax Crackdown: Setting a New Precedent The US government has filed its first-ever criminal case against individuals for not paying taxes on crypto earnings. This landmark action marks a significant step in the regulation of digital currencies, highlighting the government’s commitment to ensuring tax compliance in the burgeoning crypto market. First criminal case […]
Read MoreJapan’s FSA Warns KuCoin, Bybit for Unregistered Crypto Operations
Japan’s FSA Flags KuCoin, Bybit, and Others for Unregistered Crypto Operations What’s the cost of trading cryptocurrencies without government approval? Japan’s Financial Services Agency (FSA) has issued warnings to five cryptocurrency exchanges, including well-known platforms KuCoin and Bybit, for operating without proper registration. This decisive move highlights the importance of government rules and user protection […]
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