South Korea Tightens Stablecoin Regulations to Enhance User Protection
In recent developments, South Korea has announced a significant tightening of regulations surrounding stablecoins, aiming to fortify user protection in the rapidly evolving digital currency landscape. This strategic initiative aligns with a growing global trend among nations to oversee virtual…
UAE Updates VAT Laws and Strengthens Crypto Regulations
In a significant development for the financial landscape, the United Arab Emirates (UAE) has updated its Value Added Tax (VAT) laws, specifically exempting the transfer and conversion of digital assets from VAT. This amendment retroactively applies from January 1, 2018,…