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What it means: New nationwide beneficial ownership information (BOI) reporting requirements are on hold while the court considers NFIB’s lawsuit challenging the law. Most small businesses are not
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers. Effective by
National Treasury has called for public comment on proposed amendments to laws with the aim of strengthening the country’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF). These
The European Union’s crypto regulatory framework MiCA goes into full force, heralding significant changes for the industry. Major events like the ICO boom and the implosions of Terra and FTX have
The South Korean National Assembly accepted Bill No. 2204961, a proposal to amend the Value-Added Tax (VAT) Act as part of the 2025 budget package. The bill includes measures to encourage digital compliance,
The Maltese Official Gazette announced the publication of Act No. XXXVIII/2024, titled the VAT (Amendment) Act, 2024. The legislation introduces several changes to Malta’s value-added tax framework,
“The UK is still leading in terms of capital investment in fintech after the US,” Roberto Politano, Chief Marketing Officer at Innovate Finance, said when talking to Finance Magnates’ Jonathan
Capital markets have seen a dramatic rise in the valuation of digital currencies over the last couple of months. The results of the US elections have amplified the surge as President-elect Donald Trump
Around 50 demonstrators gathered at the entrance of the COP29 venue this morning, urging wealthy nations to uphold their financial commitments for climate change adaptation and mitigation in the Global
The 2024 United Nations Climate Change Conference (COP29) left a bitter taste in the mouths of developing country negotiators. Many felt betrayed by what Indian negotiator Chandni Raina called an ‘optical