Singapore’s Monetary Authority Advances Asset Tokenization with New Frameworks
SUMMARY The Monetary Authority of Singapore has introduced two new frameworks to bolster tokenization efforts for funds and
Hong Kong to Expand Tax Concessions and Accelerate Crypto Licensing
SUMMARY Hong Kong will expand tax concessions to include cryptocurrency investments by year-end, according to the Treasury chief.
US court confirms home insurance will not cover crypto losses
SUMMARY A U.S. appeals court ruled that home insurance policies do not cover cryptocurrency losses, upholding Lemonade Insurance’s
Denmark Recommends Tax on Unrealized Crypto Gains, Proposal Expected by 2025
SUMMARY Denmark’s tax authority suggested using “mark-to-market taxation” for crypto investors in its latest proposal. The Minister of
Japan’s DPP Leader Proposes 20% Crypto Tax Cap and Regulatory Reform Ahead of Election
SUMMARY Japan’s Democratic Party for the People aims to lower taxes on crypto gains as part of its
Siam Commercial Bank of Thailand launches stablecoin service for cross-border payments.
SUMMARY SCB announced its stablecoin service for international payments is now fully commercialized after passing the central bank’s
Italy to Increase Capital Gains Tax on Bitcoin from 26% to 42%, According to Reports
SUMMARY Italy’s tax authority intends to increase the capital gains tax on bitcoin to 42% in its 2025
Australia’s First Spot Ether ETF Set to Launch on Tuesday
SUMMARY Monochrome is launching an Ethereum ETF following its spot Bitcoin ETF debut in August. The new spot
UN Agency Calls for Criminalization of Unlicensed VASPs in Southeast Asia
SUMMARY The UNODC has issued recommendations for addressing cyber-enabled fraud in Southeast Asia. It also warned that scammers
Hong-Kong Regulator to Approve More Crypto Exchange Licenses by Year-End
SUMMARY Julia Leung, CEO of the Hong Kong Securities and Futures Commission, stated that the regulator plans to