Showing posts with label virtual-assets. Show all posts
Showing posts with label virtual-assets. Show all posts

Friday, September 25, 2026

Brazil Sets $10K Reporting Rule for Self-Custody Crypto Trades

Brazil will require reporting of $10,000 or more in crypto transfers involving self-custody wallets starting October 1, 2026.

  • Brazil will implement a new regulation starting October 1, 2026, requiring financial institutions to report crypto transfers of $10,000 or more involving self-custody wallets to the COAF.
  • This measure is part of Brazil's broader effort to enhance anti-money laundering (AML) oversight in the digital asset space, without banning self-custody or limiting transaction amounts.
  • The new rule, Resolution 588, is distinct from a separate 24-hour retention measure set to begin in 2027, and aims to increase transparency in crypto transactions facilitated by regulated entities.

Topics: Legal regulatory, Jurisdictions, Compliance, 3 1 securities law classification, 2 1 established hubs, 33 2 kyc aml frameworks

Tags: #brazil #selfcustody #cryptotransfers #reportingthreshold #aml #coaf #resolution588 #virtualassets #financialintelligence

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Tuesday, September 8, 2026

Arab Global Crypto Exchange (AGCX) to Launch on September 10 with AED Support and Zero Platform Fees on Crypto Transfers - Brave New Coin

Founded by veteran capital markets executive Satish Gogia, the UAE-licensed platform is designed to simplify access to digital assets through direct AED bank transfers and secure asset management.

  • Arab Global Crypto Exchange (AGCX), a UAE-licensed platform, is set to launch on September 10, 2026, offering direct AED bank transfers for virtual asset trading.
  • The exchange aims to simplify access to digital assets for UAE residents by eliminating reliance on offshore platforms and charging zero platform fees on crypto transfers.
  • AGCX operates under a Capital Markets Authority (CMA) license, emphasizing regulatory compliance, secure asset management, and a user-friendly experience for the local market.

Topics: Jurisdictions, Infrastructure providers, Institutional adoption, Emerging hubs, Tokenization platforms, Asset manager initiatives

Tags: #agcx #uae #aed #cryptoexchange #digitalassets #satishgogia #cmalicense #virtualassets #ftx #stablecoin

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Monday, September 7, 2026

UAE Crypto & Virtual Asset Law Updates: What Businesses Must Understand in 2026

The UAE still strives to become a worldwide center of digital innovation, blockchain technology, and digital assets. As regulations change and oversight

  • The UAE is strengthening its regulatory framework for digital assets, with different authorities like VARA, SCA, ADGM, and DIFC overseeing various aspects.
  • Businesses operating in the crypto and virtual asset space must obtain the correct licenses and comply with stringent AML, KYC, and consumer protection regulations.
  • The evolving regulatory landscape is crucial for sectors like real estate and investment looking to integrate tokenization, requiring careful attention to legal status and compliance.

Topics: Jurisdictions, Legal regulatory, Integration with defi, Emerging hubs, Regulatory sandboxes pilots, Securities law classification, Licensing issuer obligations, Aml antimoneylaundering, Rwa collateral lending

Tags: #uae #virtualassets #cryptolaw #vara #sca #adgm #difc #licensing #aml #kyc

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Friday, August 28, 2026

South Korean Lawmaker Proposes Delaying Crypto Tax to 2029, Citing Infrastructure Gaps

BitcoinWorld South Korean Lawmaker Proposes Delaying Crypto Tax to 2029, Citing Infrastructure Gaps A South Korean lawmaker has introduced a bill that would

  • A South Korean lawmaker has proposed delaying the country's planned cryptocurrency taxation from 2027 to 2029.
  • The rationale behind the delay is the perceived inadequacy of current tax infrastructure to monitor decentralized transactions and the lack of a global framework for sharing virtual asset data.
  • This proposal highlights ongoing debates within the ruling party and the National Assembly regarding the regulation and taxation of the digital asset market, with implications for investors and industry growth.

Topics: Legal regulatory, Jurisdictions, Scalability, Securities law classification, Regulatory sandboxes pilots, Market depth liquidity

Tags: #southkorea #cryptotax #taxationdelay #kimsanghoon #incometaxact #decentralizedexchanges #defi #regulatoryinfrastructure #virtualassets #nationaltaxservice

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Thursday, August 27, 2026

I have been researching Real World Assets (RWA), tokenisation and Web3 fintech products lately because of the work we are doing on global MPC and Ghana keeps coming up.

I have been researching Real World Assets (RWA), tokenisation and Web3 fintech products lately because of the work we are doing on global MPC and Ghana keeps coming up. Last week, Ghana’s SEC published the 20 companies currently testing virtual asset products in its regulatory sandbox. What caught my attention was the range of real-world assets involved: gold, Treasury bills, bonds, securities and trade finance are all being explored on-chain. This week, Ghana took another step by setting up a Virtual Assets Coordinating Committee across the Bank of Ghana, SEC, Ministry of Finance, Cyber Security Authority and Financial Intelligence Centre. The goal is to coordinate how these products are supervised as the country moves towards fully implementing its virtual asset framework. Working on GlobalMPC made this much less abstract for me. Trying to understand how mining assets could move on-chain, it became obvious very quickly that the token was only one part of the problem. There is still the actual mine, the data around it, who verified that data, who owns what, how custody works, what is already real, what is still planned and what an investor should actually trust. That is where I started finding RWA more interesting. The harder part is making sure the digital version of the asset does not look more certain than the real-world information behind it actually is. So when I read Ghana was bringing the Bank of Ghana, SEC, Ministry of Finance and other agencies into the same conversation, it makes sense. These products sit across too many layers for one part of the system to prove trust to the users. At GobalMPC, we’re exploring some of these problems, starting with mining assets, and we’ve opened the waitlist for anyone curious about where RWA could go from here. https://lnkd.in/ee2henRm

  • Ghana is actively exploring tokenization of various real-world assets, including gold, Treasury bills, bonds, securities, and trade finance, through its regulatory sandbox.
  • The country has established a Virtual Assets Coordinating Committee to ensure unified supervision across key financial and regulatory bodies.
  • The article highlights the complexities of RWA tokenization, emphasizing the need for trust across multiple layers of the system, from the physical asset to its digital representation.

Topics: Asset types, Jurisdictions, Legal regulatory, Real assets, Alternative assets, Emerging hubs, Regulatory sandboxes pilots, Securities law classification

Tags: #ghana #rwa #tokenization #web3 #fintech #regulatorysandbox #virtualassets #gold #treasurybills #bonds

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Monday, August 24, 2026

From Rulebook to Roadmap: CertiK and Coins.ph on Brazil's New Rules for Virtual Asset Service Providers

CertiK's Jason Jiang and Coins.ph's Daniel Hott join Livecoins to discuss how Brazil's new VASP framework is separating prepared crypto operators from unprepared ones.

  • Brazil's new regulatory framework for Virtual Asset Service Providers (VASPs) is creating a clear distinction between compliant and non-compliant crypto operators.
  • The framework emphasizes open communication between regulators, operators, and security firms, with Brazil's Central Bank noted for its detailed regulations and accessibility.
  • Companies entering the Brazilian market are assessed on regulatory compliance, infrastructure, on-chain monitoring, operational security, and consumer confidence, with security and compliance being key to success.

Topics: Jurisdictions, Legal regulatory, Compliance, Regulatory sandboxes pilots, Securities law classification, Aml antimoneylaundering

Tags: #brazil #vasp #certik #coinsph #regulation #compliance #virtualassets #cryptooperators #security #licensing

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Saturday, August 22, 2026

Virtual assets licensing launched

Virtual assets licensing launched

  • Pakistan has launched a comprehensive licensing system for virtual assets, with existing operators needing to apply by September 5, 2026.
  • The framework aims to regulate exchanges, custody, advisory services, and more, establishing a foundation for the digital economy and potentially boosting exports, remittances, and SME financing.
  • This initiative, supported by the State Bank of Pakistan, allows licensed virtual asset service providers formal access to the banking system, lifting a previous ban.

Topics: Jurisdictions, Legal regulatory, Infrastructure providers, Regulatory sandboxes pilots, Licensing issuer obligations, Tokenization platforms

Tags: #pakistan #virtualassets #licensing #regulatoryauthority #blockchain #tokenisation #stablecoins #remittances #islamicfinance #virtualassetserviceproviders

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Monday, August 3, 2026

NRS Issues New Tax Guidelines For Cryptocurrency, Virtual Assets

  • Nigeria Revenue Service (NRS) has released new tax guidelines for virtual assets and cryptocurrencies under the Nigeria Tax Act, 2025.
  • These guidelines aim to enhance tax compliance and broaden revenue collection from the expanding digital economy, targeting taxpayers, VASPs, and P2P operators.
  • The move signifies Nigeria's evolving approach to regulating digital assets, providing clarity and certainty for participants in the virtual asset ecosystem.

Topics: Jurisdictions, Legal regulatory, Compliance, Cross jurisdictional policy, Securities law classification, Aml antimoneylaundering

Tags: #nigeriarevenueservice #nrs #cryptocurrency #virtualassets #taxguidelines #taxact #vasps #p2p #digitaleconomy #taxcompliance

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Sunday, August 2, 2026

China Develops AI Algorithm To Detect Crypto Money Laundering With 90% Accuracy

Chinese police researchers develop AI algorithm detecting crypto laundering with 90% accuracy. Learn how it targets Bitcoin-related economic crimes.

  • China has developed an AI algorithm with 90% accuracy to detect cryptocurrency money laundering, utilizing large language models to analyze blockchain transactions.
  • Despite strict crypto trading bans, China is investing heavily in blockchain forensics, signaling a global trend of enhanced AI-driven financial crime detection tools.
  • The algorithm's development highlights the evolving sophistication of tools used to combat illicit financial flows in the virtual asset space, though manual review remains crucial.

Topics: Legal regulatory, Blockchain usage, Institutional adoption, Enforcement actions litigation, Private enterprise ledgers, Onboarding prime brokerage

Tags: #aialgorithm #cryptomoneylaundering #bitcoin #china #blockchainforensics #largelanguagemodels #financialcrimedetection #virtualassets #onchaindata #enforcement

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Thursday, July 23, 2026

Mirae Asset Completes Acquisition of South Korean Crypto Exchange Korbit

Mirae Asset completes Korbit acquisition as the financial group expands into digital assets while keeping user services unchanged.

  • Mirae Asset Financial Group has completed its acquisition of South Korean crypto exchange Korbit, becoming its controlling shareholder.
  • The acquisition signifies growing institutional interest in South Korea's digital asset market and aims to connect traditional finance with blockchain technologies.
  • Korbit users will experience no changes to services, deposits, or data policies following the ownership transition.

Topics: Institutional adoption, Jurisdictions, Blockchain usage, Asset manager initiatives, Established hubs, Private enterprise ledgers

Tags: #miraeasset #korbit #cryptoexchange #southkorea #digitalassets #acquisition #financialgroup #institutionalinterest #blockchain #virtualassets

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Friday, June 12, 2026

South Korea Says Tokenized Stocks May Face Existing Tax Laws

South Korea may tax tokenized stocks under securities laws as FSC reviews rules amid rising demand for blockchain-based equity products.

  • South Korea's finance ministry views tokenized stocks as securities, not virtual assets, potentially subjecting them to existing tax laws.
  • This interpretation, if adopted by the Financial Services Commission, would avoid the need for new legislation and bypass the virtual asset taxation regime.
  • The regulatory stance is crucial as global demand for tokenized equities rises, with the FSC expected to release guidance in July.

Topics: Legal regulatory, Asset types, Jurisdictions, Securities law classification, Equity, Established hubs

Tags: #tokenizedstocks #southkorea #securitieslaw #taxation #financialservicescommission #capitalmarketsact #virtualassets #regulatoryreview #equityinstruments

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