Key Takeaways:
Hong Kong considers crypto derivatives and margin lending for professional investors.
The city has granted nine digital asset trading licenses, with more on the way.
New regulations for stablecoins are in development, solidifying Hong Kong’s virtual asset...
The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency...
The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August 2023. The public consultation...
“Uncertainty surrounding cryptocurrency regulations, limited knowledge of the capital market and a desire to maximize profits drove exchanges to innovate unnecessarily, to the point...
