Taiwan FSC to become primary regulator of cryptocurrencies
According to the president of the body, the Financial Supervisory Commission of Taiwan (FSC) would assume responsibility as regulator of cryptocurrencies in the island nation. According to the United Daily News, FSC chairman Huang Tien-mu has announced that the agency will assume supervisory responsibility over the crypto industry in Taiwan. Huang addressed the Legislative Yuan […]
Many crypto firms seek presence in Hong Kong – Financial Secretary
According to the Secretary for Financial Services and the Treasury in Hong Kong, more than eighty (80) virtual asset/crypto-related businesses have expressed interest in establishing their presence in the city. Christian Hui, the Secretary for Financial Services and the Treasury indicated in a March 20 address in Hong Kong that Hong Kong has attracted “interest” […]
Arbitrum warns community of fake Airdrops
Arbitrum, an Ethereum layer 2 scaling solution has warned community members to beware of phishing websites and scams offering its forthcoming “ARB” token Airdrop in a bid to defraud cryptocurrency users. The Arbitrum Foundation announced on March 16 that it will distribute 10 billion governance tokens via an airdrop, letting token holders vote on code […]
UK tax forms to contain separate category for Crypto assets
His Majesty’s Treasury is adopting a separate category for crypto assets on tax return forms as the United Kingdom eventually establishes its own full crypto framework. The line should be included on tax forms in 2024–25. The U.K. Treasury released a report paper on the national budget for Spring 2023 on March 15. The document […]
Hong Kong SFC grants Signum Digital license to offer security tokens
Hong Kong’s Security and Futures Commission (SFC) has granted Signum Digital a license to offer security tokens after its application for virtual asset trading licenses. Signum Digital, a joint venture between Coinstreet and Somerley, has announced that its security token offering (STO) and subscription platform has acquired preliminary permission from the Hong Kong Securities and […]