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regulation

IRS bares new digital asset reporting form for US taxpayers
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23 April, 2024

IRS bares new digital asset reporting form for US taxpayers

Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell...
Bipartisan AI Innovation bill introduced to US Senate
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23 April, 2024

Bipartisan AI Innovation bill introduced to US Senate

To avoid stifling innovation, U.S. lawmakers are pushing for a bill promoting government-private sector partnership in the AI industry, including...
EU is not so crypto-friendly, regulator warns
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23 April, 2024

EU is not so crypto-friendly, regulator warns

While much of the world is warming up with blockchain and digital currencies, laws targeting these industries in the EU...
New Zealand kicks off 100-day CBDC public consultation
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23 April, 2024

New Zealand kicks off 100-day CBDC public consultation

The Reserve Bank of New Zealand launched its first consultation in 2021, which focuses on principles and design options for...
South Africa issues digital currency licenses to Luno, VALR
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20 April, 2024

South Africa issues digital currency licenses to Luno, VALR

The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by...
Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates
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19 April, 2024

Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates

Massachusetts AG's advisory took swipes at the “false advertising” in AI and warned that AI firms engaged in deceptive marketing...
New US stablecoin bill doesn’t mention Tether, but it didn’t have to
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19 April, 2024

New US stablecoin bill doesn’t mention Tether, but it didn’t have to

The Gillibrand-Lummis bill intends to distinguish Tether and Circle as lawmakers look to allow state non-depository trust companies to issue...
Digital asset exchanges in India seek to improve user experience, become more regulatory compliant
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19 April, 2024

Digital asset exchanges in India seek to improve user experience, become more regulatory compliant

Digital asset exchanges in India strive to improve users' trading experience while complying with regulations, as the nation's economic projections...
Nigerian police locate Binance exec in Kenya, but extradition might take years
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18 April, 2024

Nigerian police locate Binance exec in Kenya, but extradition might take years

Nigerian authorities have confirmed that Nadeem Anjarwalla, who escaped detention, is in Nairobi, but the East African nation says extradition...
Norway seeks to close door on digital asset miners
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18 April, 2024

Norway seeks to close door on digital asset miners

Norway's new mandate gives more power to authorities to shut down data centers deemed undesirable, requiring these centers to disclose...
Global securities watchdogs’ association IOSCO to focus on tokenization, AI
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17 April, 2024

Global securities watchdogs’ association IOSCO to focus on tokenization, AI

IOSCO has revised its annual work plan to include a renewed focus on tokenization while also monitoring the implementation of...
New stablecoin, digital asset legislation headed to UK by July
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17 April, 2024

New stablecoin, digital asset legislation headed to UK by July

The latest law for stablecoins and digital asset activities will build on the foundation laid down by the passage of...