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New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework
28.8.2024
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report...
New Zealand to Put OECD Crypto Tax Framework in Place by April 2026
27.8.2024
New Zealand-based crypto-asset service providers will have to collect information on users' transactions starting April 1, 2026
New Zealand introduces OECD crypto reporting framework on new tax bill
27.8.2024
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000)
Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
25.8.2024
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes
Abu Dhabi proposes framework for fiat-referenced tokens
21.8.2024
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect
South Africa’s new AI framework sets foundation for tech leadership
16.8.2024
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy
Circle proposes new capital-risk framework for Stablecoins
15.8.2024
In July 2024, Circle became the first stablecoin issuer to comply with the European Union's Markets in Crypto Assets regulatory framework
South Africa Unveils National AI Policy Framework, Seeks Stakeholder Feedback
15.8.2024
South Africa has published a national policy framework for artificial intelligence (AI) and is seeking feedback from stakeholders. This framework is the first step towards developing a comprehensive national AI policy. It aims to foster a robust AI ecosystem through coordinated efforts in research...
England’s Law Commission proposes new property category for crypto assets
31.7.2024
The Law Commission's final report advocates for legal reforms to better protect the unique features of digital assets
Harris's campaign aims to repair democratic ties with crypto sector
28.7.2024
As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve
EU releases crypto-asset classification tools to help firms comply with MiCA
19.7.2024
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
Hong Kong unveils new stablecoin licensing regime
17.7.2024
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback
UK Law Commission sees no need for DAO-specific legal entity
12.7.2024
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks
UK Law Commission sees no need for DAO-specific legal entity
12.7.2024
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks
Nigerian SEC mandates local offices for crypto firms
4.7.2024
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring
Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures
3.7.2024
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026
Russia Weighs Stablecoin Framework for International Deals
3.7.2024
Owing to economic challenges and sanctions, Russia is considering using stablecoins to conduct cross-border transactions, especially with China. The Russian central bank, which was not very receptive to digital currencies earlier, has now realized the potential of these crypto-assets...
Zambia Working on Establishing an AI Framework, Says Minister
30.6.2024
Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced...
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home