Nov 04, 2018 at 15:07
Brazil’s Exchanges to Submit a Report on Crypto Profits to the Authority
Brazil’s tax authority is concerned over cryptocurrency-related problems, including money laundering and tax evasion. The institution has officially filed a proposal in order to regulate the digital currency field, which was revealed by the Department of Federal Revenue of Brazil (RFB). According to the document, any exchange will need to make financial reports each month.
Oct 31, 2018 at 12:34
The Ukrainian Government Considers Legalizing Virtual Assets
The Ukrainian government has begun a state policy to make digital currencies legal and effectively manage and oversee the FinTech sector as a trigger of a new public policy created by the Ministry of Economic Development and Trade. The exercise may require like 3 years to execute but eventually, businesses formed around cryptos would be a fruitful part of the nation's market.
Oct 25, 2018 at 12:44
Japan Grants Digital Currency Sector Self-Regulatory Status
On October 24, Japan's Financial Services Agency (FSA) gave the digital currency sector self-regulatory status, allowing the Japan Virtual Currency Exchange Association to patrol, ratify and sanction exchanges for any arising violations.