Hong Kong Proposes Crypto Tax Exemptions for Global Funds
Market analysts suggest that the proposed tax exemptions could enhance Hong Kong's appeal as an offshore financial center, encouraging liquidity inflows into the city.
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Dubai Police Signs MoU with BitOasis to Strengthen Economic Crime Prevention
Brigadier Hareb Al Shamsi, Director of Criminal Investigation for Research and Investigation Affairs at Dubai Police, and Ola Doudin, CEO of BitOasis, signed the MoU during a formal ceremony attended by representatives from both sides.
U.S. SEC Begins Reimbursing Investors in BitClave’s Unregistered ICO
The U.S. Securities and Exchange Commission (SEC) has initiated the reimbursement process for investors affected by the failed blockchain project BitClave, nearly two years after announcing its plans. The decision
Russia Approves Draft Amendments for Crypto Taxation Framework, Sets Mining Rules
Under the amendments, cryptocurrencies will be classified as property for tax purposes. Income generated from mining activities will be taxed based on the market value of the mined cryptocurrency at the time of receipt.
18 States Sue SEC Chair, Gary Gensler Hints at Resignation
The lawsuit, led by Republican attorneys general, argues that Gensler's "regulation by enforcement" approach undermines states’ authority to regulate cryptocurrencies and stifles innovation.
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