Regulation
South Korea’s first digital asset law comes into force after year of finessing
The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Hong Kong unveils stablecoin consultation results
The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
Taiwan introduces its first AI draft bill
The bill primarily steers away from specific stipulations, focusing on promoting safety, accountability, risk mitigation and data protection.
Basel Committee on Banking Supervision makes minor update to digital asset rules
The final disclosure framework for banks' digital asset exposures and the updated digital asset standard for banks will come into...
South Korea’s ruling party wants to postpone 20% digital asset tax to 2028
Initially scheduled for 2021, the disputed 20% tax on annual digital currency gains could be postponed if the ruling People...
Romania green lights AI blueprint in line with EU objectives
Romania’s government has approved a national AI strategy that will run until 2027 after a period of regulatory back-and-forth with...
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