News Overview On May 7, 2025, the U.S. Office of the Comptroller of the Currency (OCC) clarified that banks can outsource crypto-related activities to third parties, including custody and execution services. A…
At the recently concluded Token 2049 Dubai, no matter which venue you visited, discussions about RWA were omnipresent. Investors were on the hunt for promising projects and compelling narratives. Public blockc…
Abstract This article summarizes key tax and regulatory developments in the global crypto assets industry during the second half of April 2025. On the taxation front, countries are accelerating efforts to esta…
1. Unraveling the Green United Case: A Crypto Minefield In 2023, the U.S. Securities and Exchange Commission (SEC) launched a landmark lawsuit against crypto firm Green United LLC, accusing it of perpetrating…
Abstract This article summarizes key tax accounting and supervision developments in the global crypto assets industry during the second half of March 2025. On the tax front, the US and the UK have shown a mix…
1. Quick Overview of the New Rules On December 30, 2024, the Internal Revenue Service (IRS) under the U.S. Department of the Treasury released the Gross Proceeds Reporting by Brokers That Regularly Provide Ser…
Introduction One of the core economic strategies of the Trump administration has been its tough trade policy. During his first term, the U.S.-China trade war, centered around tariffs, drew global attention. No…
News Summary On March 19, 2025, Ripple’s CEO Brad Garlinghouse posted on the X platform to announce that the U.S. Securities and Exchange Commission (SEC) will abandon its appeal against Ripple. In July 2023,…
Related News In March 2025, Japan’s Cabinet approved an amendment to the Payment Service Act (PSA) submitted by the Financial Services Agency (FSA). The amendment will now be submitted to the National Diet for…
News Summary The Cayman Islands has updated its regulatory framework for crypto assets, with new licensing rules set to take effect on April 1, 2025. Under the 2025 Virtual Assets (Service Providers) (Amendmen…
