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Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations

Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of...

India is reconsidering its crypto policy but tightens tax rules

India is reportedly reassessing its stance on crypto, signaling a potential shift in policy as international attitudes toward digital assets become more favorable,...

China tightens grip on crypto with new foreign exchange rules

China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South China Morning...

IRS grants temporary relief on crypto tax reporting rules amid legal challenges

The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors.The...

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