
Regulation
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
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
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
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
Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance...
Judges in England, Wales given guidance on AI use
As AI gradually becomes mainstream, the United Kingdom is laying out guidelines to ensure its proper use, including in the...
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