Virtual Asset

July 20, 2023

Kuwait bans crypto and virtual asset transactions

Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.   On July 18, Kuwait’s main […]
July 14, 2023

US Representative Torres demands investigation of SEC deal with Prometheum

The United States Securities and Exchange Commission might be investigated for a “haphazard and heavy-handed approach to digital assets.”   On July 13, U.S. Representative Ritchie […]
July 07, 2023

Nigerian crypto tax move is ‘premature’ — Local stakeholders

Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.   Obinna Iwunna, the president of […]
June 07, 2023

US Financial Services Committee sets date to discuss future of crypto

The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the […]
February 28, 2023

UAE emirate to launch free zone for digital and virtual asset firms

Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have different regulatory frameworks and tax schemes.   Ras Al […]

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