Regulations News

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).

The UAE’s Central Bank has taken a significant step by granting initial approval to AED Stablecoin, setting it up to potentially be the first officially regulated dirham-pegged stablecoin in the region.

Ireland is poised to formulate new cryptocurrency regulations as it anticipates upcoming European Union mandates on anti-money laundering and counter-terrorism financing.

ESMA has called for updates to the EU’s Markets in Crypto-Assets Regulation (MiCA), emphasizing the need for regulatory adjustments.

Italy is set to raise the capital gains tax on Bitcoin and other cryptocurrencies to 42%, according to Vice Economy Minister Maurizio Leo, who announced the move during a press conference regarding the nation’s 2025 budget, as reported by Il Sole 24 Ore.

The Kenya Revenue Authority (KRA) is set to upgrade its outdated tax collection system to improve efficiency and transparency.