South Korea to Introduce Regulations for Virtual Assets Distribution
The implementation of comprehensive regulations for virtual assets by the FSS of South Korea reshapes the crypto landscape. The forthcoming publication of exhaustive guidelines by the Financial Supervisory Service (FSS) will profoundly impact the trajectory of cryptocurrency regulation in South Korea. This will be an instrumental moment in the oversight of virtual assets. The primary […]
SEC reissues ‘FOMO’ warning as spot Bitcoin ETFs nears Approval
Social media users have noted that the regulator’s “no go to FOMO” warning coincides with increased anticipation regarding the approval of spot Bitcoin ETFs. Simply days before the expected approval of spot Bitcoin exchange-traded funds, the United States Securities and Exchange Commission (SEC) has reissued a warning regarding FOMO investing in cryptocurrencies. The SEC’s Office of […]
Bloomberg: Crypto-Tech Duo to Dominate Global Markets
Bloomberg’s Jamie Coutts Anticipates Doubling of Tech Sector, Envisioning 20% Crypto Dominance in Global Markets by 2025. Jamie Coutts, an analyst at Bloomberg Intelligence, extols the cryptocurrency and technology sectors in anticipation of a profound transformation in the worldwide equity domain. Coutts, a renowned analyst in his field, emphasizes that by the end of 2025, […]
Erdogan Appoints Crypto Professor to Turkish Central Bank Board
Fatma Ozkul has been a Lecturer at Marmara University Since 2012 and specializes in Blockchain, Digital Assets, Finance, and Auditing. The presidency of Turkey’s Recep Tayyip Erdogan reportedly appointed blockchain technology and crypto assets expert professor Fatma Ozkul to the monetary authority of the central bank. Bloomberg reports that on December 22, a decree nominating Ozkul […]
Japan to Launch Major Crypto Tax Reforms In 2024
Japan will likely eliminate the crypto tax on unrealized gains from cryptocurrency investments beginning in 2024. At a cabinet meeting on December 22nd, the Japanese government reached a definitive decision regarding the crypto tax reform framework for the fiscal year 2024. A substantial amendment to this reform affects corporations that possess crypto assets. The amendment […]