The Finance Commission of Frances lower house of parliament, the National Assembly, has backed a plan to cut the tax on bitcoin sales, Reuters reported. At present, bitcoin gains are taxed at 36.2 percent in the country...

South Korean lawyers urging the government to quickly establish a regulatory framework for cryptocurrencies, Reuters reported. The Korean Bar Association (KBA) is pressing for cryptocurrency laws in the country with the...

Mauritius Financial Services Commission (FSC) has published a draft on regulatory framework for Custodian Services (Digital Assets) Licence and is seeking public feedback on the same. The consultation period will...

The Swiss Financial Market Supervisory Authority (FINMA) has issued guidance for banks that engage in cryptocurrency trading, swissinfo.ch reported. When calculating loss-absorbing capital buffers, banks should risk...

The Legislative Yuan, the Taiwan-based unicameral legislature of the Republic of China, has passed amendments to the countrys existing anti-money laundering and terrorism financing prevention laws that regulate...

The Peoples Bank of China (PBoC) is now targeting airdrops as part of its efforts to crack down on cryptocurrencies and initial coin offerings (ICOs) in the country, CoinDesk reported. Last year, the central bank and...

The Hong Kong Securities and Futures Commission (SFC) has announced that it plans to bring crypto portfolio managers and distributors of cryptocurrency funds under its regulatory net. The regulator said that it will...

Leading crypto and blockchain firms have come together for a new initiative that aims to drive the adoption of digital finance. Circle, Coinbase, ConsenSys, Diginex, R3, and law firms DLA Piper and Hogan Lovells, have...

The Indian government is considering imposing a complete ban on cryptocurrencies in the country, while it seeks to encourage the use of underlying blockchain technology. At a recently held meeting of the Financial...

The UK government-backed Cryptoasset Taskforce has released a report on the countrys policy and regulatory approach to cryptoassets. In March, Chancellor of the Exchequer, Philip Hammond, announced the task force as...

Thailands Securities and Exchange Commission (SEC) has issued a warning against investing in nine digital tokens and initial coin offerings (ICOs) not authorized by it. In an online post dated October 26, the regulator...

The Supreme Court of India has reportedly asked the government to submit a report on the findings of the crypto-focused committee it had established, Bitcoin.com reported. Earlier this year, the Reserve Bank of India...

In a bid to curb speculation and risk in cryptocurrency trading, Japans financial regulator is considering capping cryptocurrency margin trading, Nikkei reported. While cryptocurrency exchanges in Japan are required to...

The Japanese Virtual Currency Exchange Association (JVCEA) has been approved by the countrys financial regulator as a self-regulatory industry body, CoinDesk reported. In April 2018, 16 crypto exchanges, licensed by the...

South Koreas Financial Services Commission (FSC) has issued a warning to the investors, urging them to pay special attention when considering investment in cryptocurrency funds. The regulator, in its note issued to...