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Tag: finance ministry

Updates On Vietnam’s Crypto Regulation Framework For 2025 – CryptoInfoNet

Vietnam announces plans to develop a legal framework for cryptocurrency regulation by May 2025 to address ownership risks and prevent illegal activities such as...

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Thailand to Open Applications for Virtual Bank Licenses – Fintech Singapore

Thailand’s Finance Ministry announced that it will begin accepting applications for virtual bank licenses within the next six months, aiming to expand financial inclusion...

Bappebti Urged Indonesia To Reconsider Changes In Crypto Taxation Amid Industry Concerns

Bappebti urged Indonesia’s Finance Minister to reconsider its crypto taxation rates ahead of a regulatory shift to OJK in 2025. Concerns over existing taxes, linked...

Indonesia Evaluates Relaxation Of Cryptocurrency Tax Policies – CryptoInfoNet

Indonesia’s Bappebti, the Commodity Futures Trading Supervisory Board, has asked the finance ministry, with Sri Mulyani at the helm, to reconsider the tax structure...

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

While Bappebti has not specified how it wants the Finance Ministry to revise the taxes, it is likely that it seeks the removal of...

Thailand Announces VAT Exemption to Lure Crypto Traders – CryptoCurrencyWire

Thailand’s finance ministry recently announced plans to waive value-added tax, or VAT, on transactions involving digital assets, demonstrating the country’s efforts to become a...

Thailand Scraps 7% VAT for Crypto Trading Indefinitely – Fintech Singapore

Thailand’s Finance Ministry has officially removed the 7% value-added tax (VAT) on profits from cryptocurrency and digital token trades. This action, which took...

Digital Pound Legislation Will Provide Protections to Privacy and Control, Govt Says

The consultation on a central bank digital currency (CBDC) was conducted by the government’s finance ministry alongside the Bank of England, and concluded in...

Global Regulatory Outlook for Cryptocurrencies 2024 | BitPinas

Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with...

Cryptocurrency Lender Nexo Takes $3 Billion Arbitration Claim Against Bulgaria

Cryptocurrency lender Nexo is seeking $3 billion in damages through arbitration against Bulgaria, alleging wrongful investigations and subsequent charges were politically...

Nexo seeks $3 billion in damages from Bulgaria

Nexo says the investigations tarnished its reputation and hampered its growth. Bulgarian authorities dropped the Nexo case...

Major Offshore Crypto Exchanges Blocked In India India Restricts Access To Major Offshore Crypto Exchanges – CryptoInfoNet

India has reportedly suspended access to numerous foreign cryptocurrency exchanges, such as Binance, KuCoin, and OKX. According to the Economic Times, this action follows a...

How Does India’s FIU Ban Impact Your Cryptocurrency Investments? – Forbes Advisor INDIA – CryptoInfoNet

With the high adoption of cryptocurrencies globally, there’s also a subsequent increase in the number of cryptocurrency exchanges—platforms that allow users, traders or investors...

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