Singapore is solidifying its lead as Asia’s top crypto hub, with expanding regulations and a surge in licensed institutions drawing major global digital asset firms. Singapore Strengthens Position as a Crypto Powerhouse Singapore is reinforcing its status as a leading cryptocurrency hub through the Monetary Authority of Singapore’s (MAS) comprehensive regulatory approach. With over 200 […]
The Blockchain Association, the Defi Education Fund, and the Texas Blockchain Council are preparing to fight back against the recently finalized so-called crypto ‘broker’ rules issued by the Treasury and the IRS. The coalition asserts that these rules are unconstitutional and represent regulatory overreach by these agencies. Crypto Coalition Files Lawsuit to Push Against IRS […]
Chi Zhang, CEO of Kite AI, criticizes both the European Union (EU)’s and US’ approaches to regulating artificial intelligence (AI). David Sacks’ Appointment Boosts AI, Crypto Chi Zhang, COO at Kite AI, believes the EU’s law on AI, while enacted with good intentions, could “impose burdensome compliance on smaller innovators.” Conversely, the United States “more […]
Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial to ensure compliance with new European Union money laundering and financing of terrorism laws, which are set to take effect on December […]
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]