Kenyan Parliament Approves Bill to Classify Cryptocurrency as Securities and Tax Capital Gains

A bill that classifies cryptocurrency assets as securities and imposes capital gains tax on them has passed a committee in the Kenyan parliament. The Capital Markets (Amendment) Bill, 2023, has been approved by the National Assembly’s Finance and National Planning Committee. The bill aims to regulate the trading of cryptocurrencies in Kenya and prevent proceeds […]

Kenyan Parliament Approves Bill to Classify Cryptocurrency as Securities and Tax Capital Gains

A bill that classifies cryptocurrency assets as securities and imposes capital gains tax on them has passed a committee in the Kenyan parliament. The Capital Markets (Amendment) Bill, 2023, has been approved by the National Assembly’s Finance and National Planning Committee. The bill aims to regulate the trading of cryptocurrencies in Kenya and prevent proceeds […]

SEC Requests Judge to Determine Crypto Assets as Securities in Terraform Labs Case

Lawyers representing the United States Securities and Exchange Commission (SEC) have requested a judge to determine whether certain crypto assets should be classified as securities in a civil case against Terraform Labs and co-founder Do Kwon. The SEC argues that this is a legal question for the court to decide, rather than a factual question […]

SEC Requests Judge to Determine Crypto Assets as Securities in Terraform Labs Case

Lawyers representing the United States Securities and Exchange Commission (SEC) have requested a judge to determine whether certain crypto assets should be classified as securities in a civil case against Terraform Labs and co-founder Do Kwon. The SEC argues that this is a legal question for the court to decide, rather than a factual question […]

Former FTX Chairman Sam Bankman-Fried Opts Not to File Appeals, Suggesting Preparation for Possible Appeal

In a recent development, Sam Bankman-Fried, the co-founder and former chairman of FTX, has decided not to file post-trial appeals, indicating that his legal team may be preparing an appeal. Bankman-Fried, also known as SBF, was convicted on seven federal fraud charges on November 2. His attorneys have submitted a letter to the judge, stating […]

Former FTX Chairman Sam Bankman-Fried Opts Not to File Appeals, Suggesting Preparation for Possible Appeal

In a recent development, Sam Bankman-Fried, the co-founder and former chairman of FTX, has decided not to file post-trial appeals, indicating that his legal team may be preparing an appeal. Bankman-Fried, also known as SBF, was convicted on seven federal fraud charges on November 2. His attorneys have submitted a letter to the judge, stating […]

Kenyan Parliament Approves Bill to Regulate Crypto Assets and Impose Capital Gains Tax

A bill has been approved by the National Assembly’s Finance and National Planning Committee in Kenya, which defines crypto assets as securities and imposes capital gains tax on them. The bill aims to regulate the trading of cryptocurrencies in the country and prevent proceeds of crime and terrorism financing. If passed, Kenyans will be required […]

Kenyan Parliament Approves Bill to Regulate Crypto Assets and Impose Capital Gains Tax

A bill has been approved by the National Assembly’s Finance and National Planning Committee in Kenya, which defines crypto assets as securities and imposes capital gains tax on them. The bill aims to regulate the trading of cryptocurrencies in the country and prevent proceeds of crime and terrorism financing. If passed, Kenyans will be required […]

Taiwan’s Financial Regulator Considers Allowing Crypto ETFs Following Global Market Analysis

Taiwan’s Financial Supervisory Commission (FSC) is considering allowing crypto exchange-traded funds (ETFs) in the country. Currently in the exploratory phase, the FSC is closely monitoring the development of ETFs in other markets, such as the United States, Canada, and Australia. The FSC also acknowledges the launch of cryptocurrency futures commodities on various stock exchanges. While […]

Taiwan’s Financial Regulator Considers Allowing Crypto ETFs Following Global Market Analysis

Taiwan’s Financial Supervisory Commission (FSC) is considering allowing crypto exchange-traded funds (ETFs) in the country. Currently in the exploratory phase, the FSC is closely monitoring the development of ETFs in other markets, such as the United States, Canada, and Australia. The FSC also acknowledges the launch of cryptocurrency futures commodities on various stock exchanges. While […]