Hong Kong to Extend Tax Incentives for Crypto Investors
The end of year will see Hong Kong implementing a policy to extend tax incentives to family offices and private funds handling cryptocurrency investments for affluent clients.
Bitstamp Wins a License in Europe
Bitstamp has taken a step further in strengthening its position in the EU regulators by obtaining a Multilateral Trading Facility license from the Securities Market Agency in Slovenia.
Consensys Asks Future US President for Clear Crypto Rules
During a time of increasing political and market tensions, blockchain company Consensys has addressed an open letter to the future president of the United States, urging for clear and supportive regulations regarding cryptocurrencies and Web3.
Netherlands Asks for Public Comments on Proposed Crypto Laws
The Dutch government is seeking public feedback on proposed legislation that would require crypto service providers to collect and share user data with the local tax authority, in line with EU regulations.
South Korea Will Regulate Cross-Border Crypto Transactions
According to The Korea Times, the South Korean government is planning to regulate transactions involving virtual assets, including cryptocurrencies.
Nigeria Drops Charges Against Binance Executive
A court in Nigeria has dismissed all charges against Tigran Gambaryan, a former IRS investigator and current head of financial crime compliance at Binance, a major cryptocurrency exchange.
Bitcoin Whales Reach Highest Level in 3 Years
Glassnode and Bitwise’s head of research, André Dragosch, reported this week that there are currently 1,678 entities holding at least 1,000 BTC.
