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Legal & Regulations

Hong Kong Proposes Tax Exemptions for Crypto and Investment Funds to Attract Global Investors
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Hong Kong Proposes Tax Exemptions for Crypto and Investment Funds to Attract Global Investors

The government of Hong Kong has announced a plan to provide fresh tax exemptions aimed at attracting private equity and hedge funds, covering a broader scope of assets, including private credit, overseas property, and carbon credits. The proposed tax exemptions are part of an effort to position Hong Kong as a more competitive global financial...

FCA to Develop Comprehensive UK Crypto Regulations Amid Rising Investor Interest
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FCA to Develop Comprehensive UK Crypto Regulations Amid Rising Investor Interest

Cryptocurrency ownership among investors in the United Kingdom is on the rise, prompting increasing regulatory attention from the country’s top financial authority. According to a Nov. 26 announcement by the Financial Conduct Authority (FCA), over 12% of UK adults now hold cryptocurrency, with an average value of up to 1,842 British pounds ($2,318). This marks...

South Korean City to Confiscate Crypto from Residents with Unpaid Taxes
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South Korean City to Confiscate Crypto from Residents with Unpaid Taxes

Authorities in Paju, South Korea, are ramping up efforts to collect unpaid taxes by seizing the cryptocurrency holdings of residents with outstanding debts. On Nov. 18, local news outlet Yonhap reported that the Paju city administration issued notices to 17 residents with a combined tax debt of 124 million Korean won, approximately $88,600. Officials have...

SDNY Prosecutor Hints at Fewer Crypto Crime Cases Amid Leadership Shifts
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SDNY Prosecutor Hints at Fewer Crypto Crime Cases Amid Leadership Shifts

A prosecutor from the U.S. Attorney’s Office for the Southern District of New York (SDNY) has indicated a shift in focus away from pursuing cryptocurrency-related criminal cases. During the Practicing Law Institute’s 56th Annual Institute on Securities Regulation on Nov. 15, Scott Hartman, co-chief of the Securities and Commodities Fraud Task Force at SDNY, suggested...

SEC Chair Gary Gensler Reiterates Stance on Crypto Regulation Amid Uncertain Future
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SEC Chair Gary Gensler Reiterates Stance on Crypto Regulation Amid Uncertain Future

United States Securities and Exchange Commission (SEC) Chair Gary Gensler, potentially weeks away from being removed by President-elect Donald Trump, has reiterated his stance on crypto policy and enforcement. In prepared remarks for a November 14 speech at the Practicing Law Institute’s 56th Annual Institute on Securities Regulation, Gensler emphasized the importance of registration and...

Stand With Crypto Expands to Australia, Aims for Regulatory Clarity
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Stand With Crypto Expands to Australia, Aims for Regulatory Clarity

The Coinbase-backed crypto advocacy group Stand With Crypto has expanded its reach to Australia, aiming to push for regulatory clarity and a crypto-friendly policy environment in the country. Tom Duff Gordon, vice president of international policy at Coinbase, stated that the primary objective of the new Australian branch of Stand With Crypto is to bring...

Trump’s Crypto Promises: Gensler Fired, Bitcoin Mining Boost, and Strategic Reserve Plans
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Trump’s Crypto Promises: Gensler Fired, Bitcoin Mining Boost, and Strategic Reserve Plans

While on the campaign trail, Donald Trump made a variety of promises to the crypto community. He pledged to fire Securities and Exchange Commission (SEC) Chair Gary Gensler “on day one,” promote Bitcoin (BTC) mining in the U.S., create a strategic Bitcoin reserve, prevent a central bank digital currency (CBDC) from being created, and commute...

HKEX Launches Digital Asset Index as Hong Kong Expands Crypto Licensing
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HKEX Launches Digital Asset Index as Hong Kong Expands Crypto Licensing

Hong Kong Exchanges and Clearing (HKEX), a publicly traded global exchange group, has announced the launch of a new digital asset index series aimed at providing accurate real-time data on digital assets in the Asia-Pacific region. The HKEX Virtual Asset Index Series will go live on November 15, offering benchmarks for Bitcoin (BTC) and Ether...

The ECB Is Wrong About Bitcoin — It’s Central Banks That Are Unfair
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The ECB Is Wrong About Bitcoin — It’s Central Banks That Are Unfair

Central bankers are claiming that Bitcoin is unfair. By doing so, they are laying the foundation for imposing high taxes on Bitcoin—from mining to capital gains—and possibly even for an outright ban. However, much of the economic evidence, including that found in papers they themselves publish, suggests that central bankers are the true cause of...

Gang of 18 Arrested for Crypto Fraud in Japan: Authorities Trace Monero Payments
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Gang of 18 Arrested for Crypto Fraud in Japan: Authorities Trace Monero Payments

Japanese authorities have arrested a gang of 18 alleged scammers by analyzing Monero transactions—marking the first time in crypto history that Monero has been used to track criminals. Authorities reported that they examined about 900 Monero (XMR) transactions conducted by the group, totaling approximately 100 million yen ($670,000). The arrests represent a significant breakthrough for...