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Mastercard Onboards Ava Labs as Part of Start Path Crypto Program

Mastercard Onboards Ava Labs as Part of Start Path Crypto Program

American payment services firm Mastercard has onboarded Avalanche blockchain creator Ava Labs as part of its Start Path Crypto Program.

The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse

The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse

The Financial Stability Board (FSB) report highlights the potential risks of multifunction crypto-asset intermediaries (MCIs) in crypto-asset markets, stating financial stability threats are limited.

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.

HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways

HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways

The Hong Kong Securities and Futures Commission (HKSFC) released the latest guideline “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”, providing further guidance on fund dealing and virtual asset fund management.

IRS Announces New Tax Payment Guidance on Cryptocurrencies

IRS Announces New Tax Payment Guidance on Cryptocurrencies

The controversial nature of the acceptance of cryptocurrencies is now more tilted to the positive end where world government now deem it fit to establish guidelines to tax cryptocurrency holders.

UK Tax Authority Updates Its Guidelines for Crypto Taxation

UK Tax Authority Updates Its Guidelines for Crypto Taxation

HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

Malaysian Authorities to Extend Crypto Regulations to Wallet Providers

The Malaysian Securities Commission plans to extend crypto regulations to wallet providers in the country owing to their importance in the cryptocurrency ecosystem.

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe

US Seizes $24M in Cryptocurrencies Tied to Brazilian Investment Fraud Probe

The US Department of Justice has seized $24 million in cryptocurrencies following investigations linked to online investment fraud.

New Zealand's Tax Authority Demands Info on Crypto Investors

New Zealand's Tax Authority Demands Info on Crypto Investors

New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.

Dutch Central Bank Grants First-Ever Crypto Service Registration

Dutch Central Bank Grants First-Ever Crypto Service Registration

The Amsterdam Digital Asset Exchange (AMDAX) has secured the De Nederlandsche Bank (DNB) in line with EU Anti Money Laundering guidelines.

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

The Financial Action Task Force (FATF) has published an assessment of the US’s compliance with its revised criteria for anti-money laundering (AML) and terrorist financing (CTF) through virtual assets and found that most virtual asset providers are compliant.

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