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South Korea to Launch AI-Powered Crypto Tax Tracking System by 2026
The South Korean National Tax Service (NTS) has announced the development of a sophisticated artificial intelligence system designed to monitor cryptocurrency transactions and identify tax evasion. With an investment of…
South Korea’s FSI to Launch Advanced Smart Contract Security Tool
The Financial Security Institute (FSI) of South Korea has officially announced a comprehensive initiative to enhance the security infrastructure of the domestic digital asset ecosystem. According to reports from Edaily …
South Korea Taps Private Custodians to Manage Seized Crypto Assets
The South Korean National Tax Service (NTS) has officially launched a pilot program to entrust the management and safekeeping of seized virtual assets to private cryptocurrency custodians. This initiative marks a signif…
Bank of Canada Eyes Late 2027 for Stablecoin Regulatory Framework
The Bank of Canada has provided a revised timeline for the implementation of a comprehensive oversight regime for stablecoins. During a recent testimony before the Senate, Senior Deputy Governor Carolyn Rogers indicated…
Swiss Bitcoin Reserve Initiative Fails to Gather Required Signatures
The ambitious attempt by cryptocurrency advocates to mandate the Swiss National Bank (SNB) to include Bitcoin (BTC) in its national reserves has officially stalled. Organizers of the "Bitcoin Initiative" confirmed they …
Crypto Giants Lobby U.S. Senate to Relax Token Listing Standards
Major U.S.-based cryptocurrency exchanges, including Coinbase, Kraken, and Gemini, are actively lobbying the U.S. Senate Committee on Agriculture to amend specific provisions in a pending digital asset bill. The compani…
ECB’s Lagarde Warns Euro Stablecoins Threaten Monetary Stability
European Central Bank (ECB) President Christine Lagarde has issued a warning regarding the proliferation of euro-denominated stablecoins, asserting that these digital assets pose significant risks to financial stability…
Japan Establishes New Best Practices for Crypto Staking Services
The Japan Crypto Asset Business Association (JCBA) has officially released a comprehensive operational guideline titled "Crypto Asset Staking Business Best Practices." This initiative aims to bolster user protection, en…
US Senate Banking Committee to Review CLARITY Act for Stablecoins
The United States Senate Banking Committee is reportedly preparing to advance the CLARITY Act, a pivotal piece of legislation aimed at establishing a federal framework for stablecoins. According to industry sources and …
Bermuda Launches Blockchain Pilot for Real-Time Asset Compliance
The Bermuda Monetary Authority (BMA) has successfully completed a pioneering regulatory pilot designed to integrate compliance protocols directly into blockchain infrastructure. By embedding legal requirements into the …