Regulations News

Nickson Omondi, head of the digital economy tax division at the Kenya Revenue Authority (KRA), announced plans for a real-time tax collection system integrated with cryptocurrency exchanges.

During DC Fintech Week, Tether’s CEO, Paolo Ardoino, called for rational cryptocurrency regulations in the U.S.

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), recently highlighted the challenges of regulating artificial intelligence (AI) and cryptocurrencies in the financial sector.

The UK’s Financial Conduct Authority (FCA) has defended its strict cryptocurrency regulations in response to claims they may hinder innovation.

Indian regulators are considering a ban on private cryptocurrencies like Bitcoin and Ethereum, emphasizing the benefits of Central Bank Digital Currencies (CBDCs).

Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), has introduced a proposal to lower the tax on cryptocurrency gains to 20%, should his party come into power.

A free zone in the UAE specializing in digital assets, is set to roll out a new legal framework aimed at decentralized autonomous organizations (DAOs).