Regulation

UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
European blockchain sandbox attracts 40+ members
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7 October, 2024

European blockchain sandbox attracts 40+ members

A total of 41 regulators and 22 countries from the European Union and European Economic Area have joined the second...
Taiwan bares AML measures; Australia boosts crime crackdown
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7 October, 2024

Taiwan bares AML measures; Australia boosts crime crackdown

Following EU, Taiwan has drafted new anti-money laundering regulations that are set to take effect in 2025 while Australia doubles...
Telegram Wallet disabled in UK; PayPal targets businesses
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3 October, 2024

Telegram Wallet disabled in UK; PayPal targets businesses

The in-app Telegram Wallet says it disabled the services to seek regulatory clearance from the FCA, despite having been operational...
Australia requires VASP license under new rules
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3 October, 2024

Australia requires VASP license under new rules

Elsewhere, Turkey will not levy new taxes on digital assets and stocks this year after an initial plan attracted severe...
Philippines to impose 12% VAT on foreign digital services
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2 October, 2024

Philippines to impose 12% VAT on foreign digital services

Philippine President Ferdinand "Bongbong" Marcos Jr. has officially signed Republic Act 112023, mandating a 12% VAT on digital services provided...
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