Crypto Regulation News

Ireland’s new tax-incentivized investment accounts will allow shares, bonds, and ETFs, but not crypto assets or derivatives. The plan is designed to move more household savings out of cash and into investment products that can support long-term wealth and European capital markets. The government also said the 38% deemed disposal tax on investment funds will not apply to these state-backed accounts.

Vietnam is bringing several new policies into force in September, covering digital public services, foreign trade, labor compliance, commodity exchanges, and cottage industry zones. The updates include rules on VNeID-linked social security payments, land plot identification codes, ID cards for children under six, and penalties for foreign worker reporting violations. The changes reflect Vietnam’s push to modernize administration while tightening business compliance.

Source Link

Sberbank expects Russia’s legalised crypto trading market to start at around 3.5 trillion to 4 trillion rubles annually, based on conservative estimates from SberCIB Investment Research. Anatoly Popov said this would represent only part of the country’s broader crypto transaction activity, as some users may continue using exchange services outside formal exchange trading. The market could rise to 7.5 trillion rubles by 2029.

Source Link

California lawmakers have passed AB 2409, a bill targeting meme coins issued by public officials. If signed by the governor, the measure would prohibit state public officers and employees from issuing meme coins and bar digital asset service providers from listing covered official-linked tokens for California residents from January 1, 2027. The bill reflects rising ethics concerns around political figures profiting from speculative crypto assets.

Source Link

UK ministers are moving to strengthen London’s position in digital finance by giving the Bank of England a formal innovation objective for payments and digital money. The plan comes as the BoE adjusts stablecoin rules, including replacing earlier ownership limits with a £40 billion issuance cap. The shift could make regulated sterling stablecoins more viable while supporting broader tokenisation work across UK markets.

South Korea’s People Power Party said it will discuss virtual asset taxation policy at a workshop on August 27 before informing the public of its position. Party leader Jang Dong-hyuk said the PPP has not clearly responded to digital asset policies pursued by the Democratic Party and the Lee Jae-myung administration. The government plans to implement income tax on digital assets from January 1, 2027.

Source Link

South Korean lawmakers are accelerating efforts to create a legal framework for won-denominated stablecoins, with the ruling party aiming to pass the second phase of the Digital Asset Basic Act by year-end. An integrated bill from the Financial Services Commission is expected next month. The push comes as Seoul seeks to reduce reliance on dollar stablecoins and strengthen its role in global digital asset markets.

Source Link

The Bank of Russia has proposed requiring financial intermediaries to include cryptocurrencies when calculating prudential ratios tied to financial resilience. The rules would apply to brokers, trustees, forex dealers, and crypto exchange offices. Only exchange-traded cryptocurrencies could be counted, and they would be capped at 25% of assets used in the calculation.

Source Link

Capital.com is moving toward spot cryptocurrency trading in the UAE after affiliate Capital Vault obtained a virtual-asset licence from the Capital Markets Authority. The service would allow customers to purchase and hold actual digital assets, unlike the platform’s existing CFD products. Capital Vault will handle execution, custody and settlement, while details on the launch timing and supported assets remain undisclosed.

President Donald Trump used a White House crypto summit to announce plans for the U.S. to buy Bitcoin and urge Congress to pass the CLARITY Act. He also said the “war on crypto” was over. Industry executives including Brad Garlinghouse and Brian Armstrong attended the event, with Armstrong identifying the planned Sept. 15 Senate vote as a potential catalyst for the crypto market.