On February 20, the Hong Kong Monetary Authority issued two currently effective regulatory guidance notices on digital assets and tokenized products, titled "Provision of Digital Asset Custody Services" and "Sales and Distribution of Tokenized Products Circular".
JinseFinanceHKMA issues standards for crypto custody, emphasizing risk assessment, segregation of assets, and compliance with regulations.
Huang BoThe ATO's recent guidance on DeFi transactions and potential CGT has created confusion among Australian users. The lack of clarity, coupled with delays in legislative guidance, adds complexity to tax implications, hindering DeFi activities.
Huang BoThe tax bill is coming due for NFT holders
OthersThe IMF has released a board paper that provides guidance on how countries should draft appropriate policies in relation to cryptocurrencies.
BitcoinistAmazon (AMZN) shares tanked nearly 20% in after-hours trading on Thursday after it reported misses on revenue and sales for its Amazon Web Services cloud business, along with disappointing fourth-quarter guidance.
OthersSpecifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.
CointelegraphThe international organizations affirm the "same risk, same regulation" principle by extending decade-old rules to the rapidly expanding new financial technology.
CointelegraphThe NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type.
CointelegraphPeirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
Cointelegraph