Hong Kong’s Securities and Futures Commission (SFC) is speeding up crypto platform licensing—and it’s making waves. At the 2024 Fintech Week, Dr. Eric Yip, a top SFC official, talked about plans to tighten and fast-track licensing for virtual asset trading platforms (VATPs). This new push isn’t just about more rules; it’s about building trust and…
The UAE has once again planted itself in the spotlight for crypto space. While most of the countries are struggling to give crypto its space in the economy, UAE is leading by setting various examples. This time the UAE has brought big changes to its tax rules for crypto. On October 02, the Federal Tax…
Much to the surprise of many, a Texas federal judge has dismissed a lawsuit filed by Consensys against the U.S. SEC. The software development firm filed a lawsuit against the SEC and its five commissioners including Gary Gensler. This suit accused them of attempting to regulate Ether as a security. Let’s explore why this legal…
Get the Article Summary Now! Sign Up, and Stay Updated with Daily Newsletters. Login / Register Now In a groundbreaking move, the UK government has introduced a crypto bill in the Parliament. This bill, if passed, will classify digital assets like cryptocurrencies, NFTs and tokenised RWAs as personal property. This new legislation marks a significant…