In recent years, the popularity of cryptocurrencies has surged, attracting a wide range of investors—from institutional giants to individual traders. As more people enter the digital asset market, managing a diverse portfolio of cryptocurrencies has become crucial. Crypto portfolio management is the strategic process of balancing assets within a...
As the Web3 movement continues to reshape industries, financial reporting is undergoing a transformation driven by decentralization, blockchain technology, and smart contracts. Web3 financial reporting refers to the use of decentralized technologies to improve transparency, efficiency, and trust in the way financial information is recorded, reported, and audited. This...
In the digital age, organizations are constantly creating and managing vast amounts of media files—images, videos, audio, documents, and more. Effectively organizing, storing, and retrieving these assets is critical for businesses to maintain efficiency and stay competitive. This is where Digital Asset Management (DAM) comes into play. What is...
This paper provides an in-depth analysis of the digital asset framework released by the Qatar Financial Centre (QFC), examining its significance in Qatar’s financial sector strategy. By closely interpreting key legal documents within the framework, including the Investment Token Rules, the QFC Digital Asset User Guide, the Digital Asset...
South Korea’s National Tax Service (NTS) recently announced plans to introduce a TRAC system, which will be developed by consulting firmGTlC. The system, called the “Virtual Asset Integrated Management System”, is designed to analyze and manage transaction data related todigital currencies.The National Tax Service has selected GTlC as the...
On November 14, local time in the U.S., 18 states, led by Kentucky, filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners in the Kentucky District Court. They accused the SEC of excessively regulating cryptocurrency and unfairly persecuting the crypto industry, in violation...
3. Two Landmark U.S. Crypto Lawsuits The Ripple case and the Terraform case are two landmark cases in the U.S. crypto industry that cannot be overlooked. In both cases, the courts defined the legal attributes of crypto assets from different perspectives, sparking a strong reaction within the crypto industry....
To the Reserve Bank of New Zealand: TaxDAO is pleased to have the opportunity to respond to the key issues at the intersection of digital assets and tax law raised by the Finance Committee. Founded by senior tax and financial executives from the Web3 field on February 20, 2023,...
Related news: The 2025 tax system reform outline clearly states the discussion of “re-examining the tax system for virtual currencies” and shows the path of separate taxation. Author: CoinPost The tax system investigation committees of Japan’s Liberal Democratic Party and Komeito Party recently clarified the outline of the 2025...
This report summarizes tax, accounting, and compliance policy developments in the global cryptocurrency industry for the second half of December 2024. On the tax front, The IRS has classified DeFi front-ends as brokers for tax reporting. The US reiterated its position in a tax dispute case, arguing that rewards...
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