Businesses dealing with virtual assets including cryptocurrencies must report their transactions to a government body and abide by anti-money laundering requirements, the Financial Services Commission (FSC) of South Korea...

Japan is getting serious about its crackdown on crypto traders who do not properly file their tax declarations on cryptocurrency-related income. One offender was recently fined and sentenced to a year in prison for not...

Crypto adoption has surged in South Korea as the rising prices of popular digital currencies such as Bitcoin(BTC) and Ether (ETH) make them increasingly attractive to investors. Unsurprisingly, the countrys crypto miners...

Social media influencers who provide crypto investment advice might be facing investigations by Portuguese authorities. The countrys law enforcers are reportedly contemplating launching investigations after thousands of...

The U.S. Internal Revenue Service (IRS) has just launched a new program that specifically targets crypto investors. Called Operation Hidden Treasure, the team consists of experts trained in tracking unreported...

CPA Australia is a professional accounting organization in Australia that has been working since 1886 with more than 166,000 employees in over 150 nations globally. They have published a report called Central Bank...

Stuart Alderoty, the general counsel at Ripple, tweeted to state, Today Ripple filed our answer to the SECs amended complaint. Notably w/ full transparency to the SEC: XRP was listed on 200+ exchanges, billions of $ in XRP...

Thailands Securities and Exchange Commission (SEC) has clarified its stance on the draft proposing a minimum income for crypto investors. The regulator explained that the draft was just meant to test public sentiment after...

Indias crypto industry is facing uncertain times as various reports pointed out that the government might be banning cryptocurrencies such as Bitcoin (BTC) in the country. However, it appears that a local crypto bank is...

With the market rally pushing Bitcoin (BTC), Ether (ETH), and other cryptocurrencies to new heights, digital assets are becoming more attractive to investors. In fact, a new report revealed that BTCs rally is the main...