Hong Kong Crypto Firms Flag Risks in CARF Tax Rollout
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
Privacy-focused cryptocurrencies, including Monero and Dash, posted gains despite a broad crypto sell-off, as investors shifted toward defensive assets.
South Korean authorities charged three suspects over an underground remittance network that moved more than $100 million using WeChat Pay, Alipay, and cryptocurrencies.
The New York Stock Exchange is developing a 24/7 blockchain-based trading platform for tokenized stocks and ETFs, pending regulatory approval.
Decentralized finance leaders are urging lawmakers to revise the Digital Asset Market Clarity Act as uncertainty grows around its path through the US Senate.
South Korea’s National Assembly has approved amendments establishing a legal basis for issuing and trading tokenized securities under existing capital markets laws.
Germany’s DZ Bank has received regulatory approval under the EU’s MiCA framework to roll out a retail crypto trading platform across its cooperative banking network.
The Bank of Thailand is monitoring USDT activity after finding that a significant share of stablecoin trading on local platforms involves foreign participants, raising concerns about grey money flows.
Polygon Labs agreed to acquire Coinme and Sequence in deals valued above $250 million, strengthening its regulated stablecoin payments infrastructure.
Bitwise CIO Matt Hougan criticized restrictions on Bitcoin in 401(k) plans as US Senator Elizabeth Warren pressed the SEC on retirement risk oversight.
The US Senate Agriculture Committee delayed markup of a major crypto market structure bill, citing the need for additional bipartisan support.
Former New York City Mayor Eric Adams is facing criticism after a token he promoted saw a rapid liquidity withdrawal, triggering accusations of a potential rug pull.
A federal judge has temporarily blocked Tennessee regulators from enforcing a cease-and-desist order against prediction market Kalshi.
Dubai’s DFSA has banned privacy tokens and redefined stablecoin rules, shifting crypto asset approval responsibility to licensed firms within the DIFC.
India’s financial intelligence agency has introduced stricter identity and transaction verification requirements for cryptocurrency exchanges to curb money laundering and terrorism financing.