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Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country
1.4.2022
A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes...
Russian Ruling Party Says Crypto Regulation Will Safeguard ‘Millions of Citizens’
4.3.2022
United Russia, the nation’s ruling party, says that some 12% of the population uses or interacts with crypto – and senior political figures stated that it will protect crypto holders with its forthcoming regulations....
Read More: Russian Ruling Party Says Crypto Regulation Will Safeguard...
Japanese Ruling Party Launches NFT Task Force, Eyes New Growth in the Sector
28.1.2022
Japan may be edging toward regulating non-fungible tokens (NFTs) – after the ruling Liberal Democratic Party, which has been in power since 1955, launched an NFT policy task force....
Read More: Japanese Ruling Party Launches NFT Task Force, Eyes New Growth in the Sector
Turkey’s President Erdogan Instructs Ruling Party to Study Cryptocurrency, Metaverse
28.1.2022
The president of Turkey, Recep Tayyip Erdoğan, has reportedly instructed the country’s ruling party to conduct a study on cryptocurrency and the metaverse. “It is a sensitive subject, a good and meticulous study should be done,” said President Erdoğan. Turkish...
Turkish president orders ruling party to organize metaverse forum
26.1.2022
Turkish officials have recently identified the metaverse as a priority area for policy development
Crypto taxation could deter investors, says Thai ruling party MP
21.1.2022
Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax
Turkish ruling party holds meeting in metaverse, talks crypto regulation
19.1.2022
Turkey’s governing political party has discussed the upcoming crypto regulation in its first metaverse meeting
Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey
9.1.2022
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for...
Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs
3.1.2022
Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose...
South Korean Ruling Party Squabbles over Crypto Tax
17.9.2021
tax code, which will see a flat rate of 20% tax levied on crypto tax profits of over USD 2,100 a year. If unamended, this change will come into force on January 1, 2022.But the ruling Democratic Party is wary of a backlash from angry voters aged 20-39 – the backbone of the party’s support –
South Korea’s Ruling Party Hints at Increased Crypto Leniency
4.8.2021
The ruling South Korean Democratic Party’s crypto task force is discussing a plan to “institutionalize corporate transactions” on crypto exchange platforms with the nation’s nine leading exchanges – a further sign, perhaps of an impending regulatory climbdown.
More details of a key meeting held...
Signs of a Crypto Regulatory Climbdown from South Korea’s Ruling Party
28.7.2021
South Korean ruling party’s crypto task force has met with a number of major domestic crypto exchanges – an indication that it could advise the government to revise or even soften its hardline policy on regulation.
As reported, the next South Korean presidential election is scheduled to take place...
Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
6.7.2021
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai...
Hope in S Korea as Ruling Party Says ‘Let’s Institutionalize Crypto’
6.7.2021
Korean lion dog statue and the National Assembly building, Seoul. There may be fresh hope for the South Korean crypto sector as the ruling Democratic Party launched a crypto task force – with the new body talking in relatively upbeat terms about the industry and the need to “institutionalize”...
South Korean Ruling Party Contemplates Postponing Crypto Tax in a Bid to Regain Younger Votes
4.5.2021
South Korean political parties are now battling to catch younger votes amid the tough stance among higher government spheres toward digital currencies. As voters are disappointed by how parties are handling the issue, one of them has taken a step forward by talking about the forthcoming crypto tax....
South Korea’s Ruling Party, Regulators at Odds over Crypto Policy
29.4.2021
Source: Adobe/david_franklin
South Korea’s finance minister and Deputy Prime Minister has risked invoking young voters’ further ire with a crypto-related tirade – although it appears not everyone pulling the strings in the government is ready to sing from the same hymn sheet on this increasingly...
Japanese Ruling Party Urges Gov’t to Speed up Digital Yuan Issuance
29.9.2020
Japan’s ruling Liberal Democratic Party will call upon the government to release a digital currency “as soon as possible” – or risk falling behind other nations, including China.
Per Jiji, via the Japan Times, the party, which recently elected Yoshihide Suga to become its leader and the country’s...