Regulation

IRS bares new digital asset reporting form for US taxpayers
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23 April, 2024

IRS bares new digital asset reporting form for US taxpayers

Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell...
Bipartisan AI Innovation bill introduced to US Senate
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23 April, 2024

Bipartisan AI Innovation bill introduced to US Senate

To avoid stifling innovation, U.S. lawmakers are pushing for a bill promoting government-private sector partnership in the AI industry, including...
EU is not so crypto-friendly, regulator warns
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23 April, 2024

EU is not so crypto-friendly, regulator warns

While much of the world is warming up with blockchain and digital currencies, laws targeting these industries in the EU...
New Zealand kicks off 100-day CBDC public consultation
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23 April, 2024

New Zealand kicks off 100-day CBDC public consultation

The Reserve Bank of New Zealand launched its first consultation in 2021, which focuses on principles and design options for...
South Africa issues digital currency licenses to Luno, VALR
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20 April, 2024

South Africa issues digital currency licenses to Luno, VALR

The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by...
Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates
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19 April, 2024

Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates

Massachusetts AG's advisory took swipes at the “false advertising” in AI and warned that AI firms engaged in deceptive marketing...
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