Czech Republic passes crypto-friendly law, exempts Bitcoin from capital gains
The Czech Republic has passed legislation exempting Bitcoin and other digital assets from capital gains tax if held for more than three years. President Petr Pavel signed the law, according to BTC Prague, aligning the country’s crypto taxation with traditional securities. The tax exemption applies to individuals and non-business activities, eliminating previous tax disadvantages for […]
Vietnam blockchain association hopes draft law will protect digital asset holders
Vietnam’s proposed digital assets legalization framework has the potential to minimize fraud in the country’s crypto space once passed. This is the position of Vietnam Blockchain Association chairman Phan Đức Trung, who revealed in an interview with Vietnam News that the association recently received reports of a $100 million crypto fraud targeting Vietnamese investors. According […]
El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments. Source link
Upbit, Bithumb compensate users after service outages during martial law
Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea’s martial law declaration. Source link
Taiwan FSC proposes law allowing banks to issue stablecoin
The Taiwan FSC plans to propose a draft law in June 2025, allowing local banks to issue stablecoins tied to the new Taiwan dollar. According to a report from local media outlet Money UDN, the Taiwan Financial Supervisory Commission wants to introduce a draft law covering virtual asset service provision or VASP. One of the […]
Upbit, Bithumb to pay largest ever compensation for system failures during martial law
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system failures caused by the martial law declaration. Upbit and Bithumb, two South Korean crypto exchanges, have agreed to compensate users for technical failures that occurred during the martial law declaration in December, Korean news agency Yonhap reports. […]
Senator Lummis probes US federal law enforcement about Bitcoin sale
“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media. Source link
South Korea reports first crypto ‘pump and dump’ case under new law
South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump. Source link
Pump.fun meme coins “ponzi scheme” say Burwick Law founder
Max Burwick has called Pump.fun “the evolution of MLM scams,” accusing it of exploiting investors—and now his law firm is preparing a lawsuit. On Jan. 15, Max Burwick—founder and Partner at Burwick Law—voiced strong criticism against platforms like Pump.fun as examples of what he calls “the ultimate evolution of multi-level marketing scams, preying on human […]
CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded
Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations. Source link
