Crypto Regulation
SEC’s Dealer Rule Struck Down: DeFi Exchanges Safe from Overreach
The court invalidates the SEC's Dealer Rule, citing it as unlawful agency overreach. Ruling safeguards digital asset markets from regulatory overreach and promotes fair practices. …
South Korea Debates Raising Crypto Tax Exemption to $35,900
South Korea’s DPK has proposed raising crypto tax exemption levels. The opposition party proposed raising the exemption to $35,900. Currently, the crypto tax exemptions stand…
Russia’s New Crypto Tax: 15% on Trading and Mining Income
Russia proposes a 15% tax on crypto trading and mining income to boost revenue and ensure balance. New regulations require mining operators to report user…
Upbit Faces Regulatory Hurdles in South Korea Over KYC
Upbit faces scrutiny as FIU finds 500,000-600,000 KYC compliance issues in license review. FIU inspections reveal potential fines up to 100 million won per KYC…
a16z Co-Founders Slam Biden’s Crypto Policies, Back Trump’s Vision
The co-founders of a16z expressed their desire to have a favorable policy under the Trump administration. The duo stated that investors lacked protection under Joe…
MakerDAO Backs DeFi Growth With $1 Billion Tokenized Treasury Bet
Rune Christensen suggests a Trump victory could spur DeFi growth by easing U.S. regulatory uncertainties. Christensen is reportedly considering a rebrand of Sky Protocol back…
Binance Files Motion to Dismiss SEC’s Amended Complaint
Binance challenges SEC’s lack of regulatory clarity, leaving crypto assets undefined. Binance highlights SEC's inconsistent approach, referencing recent decisions on Ether. With the discovery phase…
3AC Founder’s Wife Sells $38.5 Million Singapore Mansion Despite Asset Freeze
3AC founder’s wife recently sold a mansion in Singapore for $38.5 million. 3AC was once one of the world’s largest crypto-native hedge funds. Evelyn sold…
UK Crypto Community at Risk as Potential Capital Gains Tax Hike Looms
Crypto holders in the UK may face increased tax rates. UK capital gains tax on crypto mirrors stock taxation rates. Cryptocurrency holders can't use ISAs…
South Korea’s Virtual Asset Committee to Tackle Corporate Crypto Investment
South Korea’s Virtual Asset Committee will have its first meeting on November 6. The committee will focus on the second phase of the country’s virtual…
