The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.
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Kenyan crypto tax bill makes it through parliamentary committee - News
Societe Generale issues its first green bond on Ethereum The unsecured bond has a value of 10 million euros and a maturity of three years, with all the proceeds going for eligible green activities investments.
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Taiwan will review global trends before deciding on crypto ETFs The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds.
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Tax services are getting pushy to have crypto declared: Law Decoded, Nov. 27–Dec. 4 Spain and Brazil are chasing cryptocurrency stored abroad, while the U.K. wants taxes paid for crypto assets that weren’t previously declared.
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AstraZeneca partners with AI company to find cure for cancer The collaboration aims to create a zero-shot generative AI model that would work on creating new antibody therapeutics and enhancing existing ones.
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South African regulator may license 36 crypto companies in December The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.
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Hong Kong securities association suggests ICO to boost economy The Hong Kong Securities and Futures Professional Association also suggested that the region’s authorities could implement Islamic Banking.
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Crypto ownership in Canada slips in 2023, but average value of holdings rises Only 34% of Canadians still believe that crypto “will play a key role in the future,” but the number of those able to give a basic definition of digital currencies has risen slightly.
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UK crypto hodlers get a call from the tax grinch His Majesty’s Revenue and Customs has issued a warning to crypto, NFT and utility tokenholders about paying their taxes on time or facing the consequences.
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BIS Innovation Hub presents its ‘private CBDC’ project The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms.
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Zipmex proposes to pay creditors 3 cents per dollar The proposal came as a part of a restructuring offer from the embattled Thai crypto exchange, which owes its customers $97 million.
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Spanish citizens to declare foreign crypto holdings by end of March 2024 Only individuals with balance sheets exceeding the equivalent of 50,000 euros in crypto assets are obliged to declare their foreign holdings.
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The end of an era for Binance, troubles for Kraken: Law Decoded Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.
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Average value of undeclared crypto in Japan dropped 19% in 2022 The number of tax evasion cases featuring crypto assets rose 35% in 2022.
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European regulator: CASPs should work on protocol interoperability, self-hosted wallets The proposed new industry guidelines are intended to address issues around AML and CFT rules.
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Hong Kong to use AI against superbugs and antibiotic overprescription The COVID-19 pandemic significantly increased broad-spectrum antibiotic prescriptions, leading to antibiotic resistance development within superbugs.
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South Korea to invite 100K citizens to test CBDC in 2024 Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
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City of Lugano integrates Polygon into its crypto payment system Polygon has been a partner of the Swiss city since at least 2022, providing the infrastructure for its stablecoin.
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Belgium seeks to reboot EU blockchain infrastructure project The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.
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US regulators continue to discuss crypto: Law Decoded, Nov. 13–20 Elizabeth Warren continues pressing for tighter regulation, and Vivek Ramaswamy promises to defend crypto from the government’s overreach if elected.
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Crypto lobby spending in US set to beat 2022 record: Report With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts.
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Kazakhstan officially launches digital tenge The chairman of the National Payment Corporation unveiled the plastic card, tied to the CBDC account.
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IMF head: CBDCs can replace cash, help financial inclusion International Monetary Fund managing director Kristalina Georgieva urged the public sector to “keep preparing to deploy” central bank digital currencies.
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Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings The disclosure will be a part of the party’s effort to show the “high moral standards” of its candidates.
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Crypto is second most popular investment asset in France: Survey The survey was conducted at the request of the Organisation for Economic Co-operation and Development in the spring of 2023.
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First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval.
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Spanish regulator signals potential X probe on crypto ads The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities.
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Australian regulators will compel businesses to report cyberattacks: Report This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged.
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Institute for blockchain and crypto research opens in France The Institute of Crypto-Assets held a formal opening at the Léonard de Vinci Centre in the business district just outside of Paris.
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47 countries pledge to authorize Crypto-Asset Reporting Framework by 2027 The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities.