The UK’s tax authority, HM Revenue and Customs (HMRC), has successfully recovered more than £8 million in unpaid taxes from cryptocurrency investors over the past three fiscal years. According to data recently disclosed under the Freedom of...
The South Korean Financial Services Commission (FSC) has announced a significant shift in its regulatory framework, aiming to finalize the Digital Assets Basic Act (Phase 2) within the current year. Kim Sung-jin, head of the Virtual Assets Division...
The government of Kazakhstan has officially approved the "Rules for the Implementation of Strategic Digital Mining", a landmark regulatory framework designed to formalize the relationship between industrial miners and the state’s energy...
The decentralized prediction platform Polymarket has announced its intention to initiate legal proceedings against the French National Betting Authority (ANJ). This decision follows a recent directive from the regulator to block access to the...
The prominent artificial intelligence firm Anthropic has announced a significant expansion of its political influence efforts ahead of the US midterm elections. According to recent disclosures, the company will increase its financial commitment to...
Michael Saylor, the founder and executive chairman of MicroStrategy, has once again voiced his firm opposition to Bitcoin Improvement Proposal 110 (BIP 110). The proposal, which seeks to restrict the storage of non-financial data on the Bitcoin...
The Bank of Korea's central bank digital currency (CBDC) pilot project has come under scrutiny following revelations regarding its security assessment protocols. Reports from South Korean media outlet Maeil Business, citing data from the Financial...
Tax authorities in South Korea are advocating for a significant legislative update to the Criminal Procedure Act to enhance their ability to seize digital assets held in private wallets. This initiative aims to address the legal and technical...
David Sacks, co-chair of the U.S. President's Council of Advisors on Science and Technology, has voiced significant concerns regarding the current trajectory of artificial intelligence regulation. Sacks argues that federal guidelines are being...
US Senator Elizabeth Warren has formally requested that President Donald Trump provide a voluntary disclosure of his cryptocurrency holdings and income for the period spanning January 1 to July 15. The demand, issued in a letter dated July 16, 2024,...
President Bola Tinubu has signed a landmark executive order focused on the oversight and management of digital assets within Nigeria. Effective immediately, this directive seeks to unify a previously fragmented regulatory landscape, mitigate the...
Former US Representative and former Chairman of the House Financial Services Committee, Patrick McHenry, has issued a call for the immediate implementation of the Clarity Act. This proposed legislation aims to establish a comprehensive and unified...
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