The independent legal committee in the United Kingdom proposes amendments to the law to enable dealing with digital assets. The committee aims to establish a new category known as "digital objects," which includes cryptocurrencies and non-fungible tokens. It recommends the formation of an expert...
The National Tax Agency of Japan has announced a relaxation of its stance on imposing taxes on digital assets for companies dealing with company-issued digital currencies. Under the current rule, unrealized gains from company-issued digital currencies will not be subject to taxation. This measure...
The U.S. Financial Services Committee on Financial Services has renewed its agenda and scheduled a hearing on digital currencies to discuss their future and provide clarity to the digital asset environment. The session is set to take place on June 13th at 2:00 PM...
Renowned global digital bank, Revolut, has announced the addition of cryptocurrency services in Brazil, making it the latest digital bank to offer such services in the country. This move is part of the bank's strategy to expand its services worldwide.
Brazilian customers can now invest...
The popularity of cryptocurrencies has increased in recent times and investors are now interacting with them as an excellent investment option, as evidenced by the latest research which shows a desire among millennials to invest in these kinds of assets without resorting to traditional...
The opposition party in Thailand has announced a new financial promise in the upcoming general elections in May, where the party leader pledged to launch "digital currencies" worth $300 for every Thai citizen if his party wins the elections. This digital currency aims to...