Current issues in crypto project disclosures—such as insufficient content, weak industry self-regulation, and inadequate government oversight—severely harm investor rights. These problems stem from both external market conditions and flaws in project accounting and auditing.This article analyzes disclosure issues in ICO/IEO projects, explores their causes, and proposes lessons for...
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 Services Effectuating Digital Asset Sales, finalizing tax reporting obligations for cryptocurrency sales and trading brokers...
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 discussion and voting. Historically, no crypto-related legal change that was approved by the Cabinet...
Abstract This article summarizes key tax and regulatory developments in the global crypto assets industry during the first half of March 2025. On the taxation front, the U.S. and Japan have both introduced tax – friendly policies for crypto assets. Japan’s ruling Liberal Democracy Party advanced a proposal...
Related News According to official statements from OKX, on February 25, 2025, OKX’s Seychelles-based subsidiary, Aux Cayes FinTech Co. Ltd., reached a settlement with the U.S. Department of Justice (DOJ), admitting to conducting remittance business in the U.S. without proper authorization. As part of the settlement agreement, the...
In exploring cryptocurrency regulation, the Canadian government has built a governance system that balances risk control and technological inclusivity through gradual legislation and transparent oversight. This article aims to systematically analyze Canada’s cryptocurrency taxation and regulatory framework based on its existing institutions and the latest legislative developments. 1....
Related News: On January 26, The Wall Street Journal reported that MicroStrategy Inc. might face a huge tax liability due to its unrealized gains. The company holds 461,000 bitcoins and could be forced to sell some of them to pay the taxes if no exemption is granted. The issue...
As the crypto asset market matures, an increasing number of enterprises and individuals are engaging in transactions using crypto assets, and more investors are choosing to allocate crypto assets in their portfolios. However, due to the characteristics of crypto assets, such as significant price volatility, on-chain transaction anonymity, and...
Abstract This article summarizes key tax and regulatory developments in the global cryptocurrency industry during the second half of February 2025. On taxation, both the United States and Nigeria have introduced notable measures. In the U.S., Ohio lawmakers proposed a bill to prohibit additional taxes on cryptocurrency payments, while...
Related News: On February 6, 2025, the President of the Czech Republic officially signed a bill aimed at advancing the country’s cryptocurrency tax reform. The core provisions of the bill stipulate that, starting from January 1, 2025, ordinary cryptocurrency holders will be exempt from capital gains tax when selling...
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