South Korea postpones 20% tax on crypto gains to 2025
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first.
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The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first.
“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules are there to help provide certainty," said Nikhil Rathi.
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."
Ashley Alder said the FCA would help “chart the U.K.’s post-Brexit future as a global financial centre, which continues to support innovation and competition."
The editorial board has drawn attention to a two-pronged approach employed by SEC's Gensler which makes it practically impossible to get a spot Bitcoin product approved.
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation.
Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead.
Crypto exchange Binance has signed similar agreements with governments in Kazakhstan, Dubai and Bermuda.
Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario.
The senators seek comments from industry stakeholders, consumers and interested parties.