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regulation

India to impose 28% tax on digital currency transactions: report
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13 May, 2022

India to impose 28% tax on digital currency transactions: report

India is weighing a 28% Goods and Service Tax (GST) for digital asset transactions, just a month after imposing a...
Dubai virtual assets regulatory body launches sandbox-based metaverse HQ
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11 May, 2022

Dubai virtual assets regulatory body launches sandbox-based metaverse HQ

MetaHQ is a virtual office in sandbox—a blockchain-based 3D virtual open world, which will enable the regulator to have first-hand...
Argentina central bank bars banks from offering digital currency services
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10 May, 2022

Argentina central bank bars banks from offering digital currency services

The directive is applicable to "crypto assets and those whose yields are determined based on the variations that they register,"...
South Korea’s KakaoBank considers partnerships with digital currency exchanges
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8 May, 2022

South Korea’s KakaoBank considers partnerships with digital currency exchanges

During the company's quarterly business performance conference, KakaoBank's CEO Yun Ho-young revealed that the bank is currently reviewing a partnership...
Council of Europe wants members to crack down on digital asset money laundering
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8 May, 2022

Council of Europe wants members to crack down on digital asset money laundering

In its report, Moneyval acknowledged that the emerging virtual assets sector and the increasing use of digital currencies is becoming...
Uganda central bank issues warning against digital currencies
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7 May, 2022

Uganda central bank issues warning against digital currencies

The central bank said that digital currencies aren’t regulated, and it hasn’t licensed any firm to offer related services while...
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