Argentinean officials are in dialogue with their counterparts from El Salvador to gain a deeper understanding on strategies and experiences in adopting Bitcoin. Last week, senior leadership of the Argentinian National Securities Commission (CNV) met with El Salvador’s National Digital Assets Commission (CNAD) to assess the impact of adopting Bitcoin on the economy over the … Read more
The authorities in Malaysia are said to be cracking down on crypto tax evaders. As part of a special investigation codenamed ‘Ops Token’, officials from the Malaysian federal agency Inland Revenue Board (IRB) reportedly conducted raids at multiple locations having identified firms that were not reporting their crypto-related engagements. Through these taxes, the Malaysian administration … Read more
The financial authorities of Kenya managed to collect KES 10 billion (roughly $77.3 million or Rs. 653 crore) from VASPs in FY 2023-24. The announcement was made by KRA board chairman Anthony Mwaura this week during the Taxpayers’ Day celebration. By requiring official registration of crypto firms, Kenya has effectively tracked businesses involved in digital … Read more
United Arab Emirates (UAE) authorities have sharply rebuffed reports of individuals being able to acquire UAE’s Golden Visa by staking Toncoin . The Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority (SCA), and Dubai’s crypto regulator Virtual Assets Regulatory Authority (VARA), issued a statement on Monday denying any such … Read more