Nigeria’s tax watchdog proposes comprehensive crypto bill

Nigeria’s tax watchdog proposes comprehensive crypto bill

The Federal Inland Revenue Service’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital assets. Source link

Australian Securities Watchdog Cancels FTX Australia’s AFS License

Australian Securities Watchdog Cancels FTX Australia’s AFS License

The Australian Securities and Investments Commission (ASIC) announced the cancellation of the AFS license of bankrupt crypto exchange FTX’s Australian entity, effective from July 14. The Australian arm had once boasted 30,000 retail…

‘Toxic Cocktail’: EU Watchdog Calls Out Instagram, TikTok for Enabling Crypto Scams

‘Toxic Cocktail’: EU Watchdog Calls Out Instagram, TikTok for Enabling Crypto Scams

Scammers are using social media to push cryptocurrency rackets? Tell us something we didn’t already know. Even so, the European Consumer Organization (BEUC) and nine of its member organizations have issued a stark…

EU watchdog targets crypto ads on Instagram, YouTube, TikTok, Twitter

EU watchdog targets crypto ads on Instagram, YouTube, TikTok, Twitter

On June 8, the European Consumer Organisation (BEUC) — an umbrella group for 46 independent consumer organizations from 32 countries — published a report titled: “Hype or harm? The Great Social Media Crypto Con.“…

US consumer watchdog probes crypto firms over deceptive ads

US consumer watchdog probes crypto firms over deceptive ads

Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 report from Bloomberg, FTC…

South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report

South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report

The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets. According to a Thursday…

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