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Regulation

UK introduces new regulations for Digital Securities Sandbox
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20 December, 2023

UK introduces new regulations for Digital Securities Sandbox

The United Kingdom has introduced new regulation providing the country's financial sector watchdogs with the rules for supervising a Digital...
Brazil targets $4B in taxes from digital assets stored overseas
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19 December, 2023

Brazil targets $4B in taxes from digital assets stored overseas

A new bill signed into law by President Luiz Inácio Lula da Silva will require income from assets held by...
Microsoft-OpenAI collaboration under scrutiny
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16 December, 2023

Microsoft-OpenAI collaboration under scrutiny

The Competition and Markets Authority is inviting third parties to comment on Microsoft and OpenAI's partnership due to the likely...
South Korea’s notice for digital assets excludes NFTs, CBDCs
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16 December, 2023

South Korea’s notice for digital assets excludes NFTs, CBDCs

South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...
FASB allows US firms to use fair-value accounting under new rules
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15 December, 2023

FASB allows US firms to use fair-value accounting under new rules

The latest accounting standard update, which will take effect in December 2024, will allow firms to use fair-value accounting on...
Taiwan’s central bank completes CBDC feasibility study
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15 December, 2023

Taiwan’s central bank completes CBDC feasibility study

Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance...
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