Investors in digital assets like cryptocurrency and non-fungible tokens (NFTs) will face new IRS questions. Here's what to know. Investors in digital assets like cryptocurrency and non-fungible tokens ...
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What are virtual assets and how do they work?
The Lower Chamber of Parliament approved a draft law governing virtual assets, on May 5, marking a major step toward regulating cryptocurrency trading in Rwanda. ALSO READ: What to know about new ...
The Virtual Assets Service Providers Act, 2022 (the “VASP Act”) came into force on 1 February 2023. The VASP Act regulates virtual asset service providers (“VASPs”) and requires that VASPs be ...
For what seemed like an eternity, wealth advisors and fiduciaries grappled with leaning on any sort of regulatory certainty around digital assets when cautioning clients about risk. Finally, we’re ...
Virtual digital assets have skyrocketed in popularity in recent years, and their trade volume has increased dramatically. A market where a virtual digital asset can be transferred for payment using ...
Two years have passed since Dubai unveiled its initiative in the digital asset sector – the establishment of the Dubai Virtual Assets Regulatory Authority (VARA), the world's first regulator dedicated ...
With effect from 1 April 2025, the licensing regime under the VASP Act will be implemented, requiring those providing virtual asset custody services or operating virtual asset trading platforms to ...
Why do virtual asset prices fluctuate more sharply than stock prices? More basically, how are virtual asset prices determined ...
The Financial Action Task Force (FATF) has warned that regulatory gaps in virtual asset oversight are creating global financial system vulnerabilities, with illicit on-chain activity related to fraud ...
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South Korea's virtual asset industry challenges ambiguous high-risk exchange criteria
Conflicts have emerged over financial authorities’ warning to completely block transactions with “high-risk” overseas virtual asset exchanges to prevent money laundering. While industry players demand ...
The purpose of this note is to discuss the necessary anti-money laundering and combating the financing of terrorism (AML/CFT) measures and provide examples of practical solutions to implement them. In ...
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