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Business

FTX Japan plans to resume operations by January
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26 November, 2022

FTX Japan plans to resume operations by January

FTX Japan halted withdrawals amid the collapse and bankruptcy filing of SBF’s FTX empire, with Japan’s regulator, FSA, ordering it...
Kenya to tax 4 million digital asset owners under new bill
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26 November, 2022

Kenya to tax 4 million digital asset owners under new bill

The Capital Markets (Amendment) Bill will be the first law to govern the digital asset industry and will impose taxes...
Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services
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26 November, 2022

Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services

The regulator disclosed that Block Earner, a firm backed by Coinbase and Aave, also operates an unregistered managed investment scheme...
China’s foreign exchange agency seeks tighter control over the digital asset industry
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26 November, 2022

China’s foreign exchange agency seeks tighter control over the digital asset industry

China's foreign exchange bureau says there is a need to regulate and classify the digital asset sector to improve the...
South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
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26 November, 2022

South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets

The Financial Services Commission is hinging its argument on the grounds that digital assets is an umbrella term covering virtual...
New York Attorney General seeks to ban retirement funds from investing in digital assets
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25 November, 2022

New York Attorney General seeks to ban retirement funds from investing in digital assets

NYAG Letitia James also requests the scrapping of two Acts currently on the table, namely: the Retirement Savings Modernization Act...
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