Crypto Reporting Framework
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UK to Finalise Crypto Legislation by 2026, FCA Outlines Regulations Roadmap
- Wednesday November 27, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The UK's Financial Conduct Authority (FCA) has set a deadline of 2026 to finalise its crypto legislation. So far this year, the FCA has participated in several roundtable discussions to gather insights from investors and regulators on the necessary regulatory framework for crypto.
- www.gadgets360.com
-
EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report
- Monday July 1, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.
- www.gadgets360.com
-
Crypto Reporting Framework Discussed During G20, Decision Taken on Swift Implementation
- Saturday September 9, 2023
- Press Trust of India
The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027. The Crypto Asset Reporting Framework (CARF) or template is being developed to make sure that such non-financial assets are ...
- www.gadgets360.com
-
G20 Leaders Decide On Swift Implementation Of Crypto Reporting Framework
- Saturday September 9, 2023
- India News | Press Trust of India
The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027.
- www.ndtv.com
-
Global Framework for Crypto Regulation Could Leverage Learnings From India: WEF Report
- Tuesday June 6, 2023
- Press Trust of India
From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts, a global study said on Monday while calling for leveraging learnings from India.
- www.gadgets360.com
-
Nothing Outlaws Crypto as Long as You Follow Legal Process, MoS IT Rajeev Chandrasekhar Says
- Friday January 20, 2023
- Reuters
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, said Thursday that here was no issue with cryptocurrencies in India if all laws were followed. Speaking at an event in Bengaluru, he said: "There is nothing today that outlaws crypto as long as you follow the legal process."
- www.gadgets360.com
-
G20 Members to Review Anti-Evasion Crypto Tax Framework Drafted by OECD
- Tuesday October 11, 2022
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The Organisation for Economic Cooperation and Development, or OECD has proposed amendments to the ‘Common Reporting Standard (CRS)’, that is taken into consideration by the G20 and OECD organisations to bring about tax reforms for the crypto sector. Over the next months, the OECD will be taking forward work on the legal and operational instrume...
- www.gadgets360.com
-
EU’s Landmark Markets in Crypto-Assets Regulation Gets European Council's Green Light
- Thursday October 6, 2022
- Written by Shomik Sen Bhattacharjee, Edited by Richa Sharma
The European Union (EU) has agreed on a legal framework for bitcoin and cryptocurrencies known as Markets in Crypto Asset Regulation (MiCA). The bill was signed off by members of the EU Council on Wednesday and consists of a regulatory framework previously established in June, which reportedly received no further development since then.
- www.gadgets360.com
-
Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
- Monday September 19, 2022
- Written by Shomik Sen Bhattacharjee, Edited by David Delima
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
- www.gadgets360.com
-
Crypto Assets Are No Longer Niche, Regulators Need to Keep Pace: IMF Report
- Wednesday September 7, 2022
- Written by Shomik Sen Bhattacharjee, Edited by Siddharth Suvarna
The past few years have seen crypto assets move from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to the International Monetary Fund (IMF).
- www.gadgets360.com
-
OECD Drafts Rules to Standardise Crypto Data Sharing Among Global Tax Authorities
- Wednesday March 23, 2022
- Radhika Parashar
The Organisation for Economic Co-operation and Development (OECD) has proposed a set of laws circling around the taxation of crypto assets. The rules aim to clarify instructions on how global tax agencies exchange crypto-related data among themselves. The rules aim to bring cryptocurrencies under the international tax system.
- www.gadgets360.com
-
IMF Staff Seeks Global Framework For Crypto Assets And Companies Dealing With Them
- Thursday January 13, 2022
- Business | Edited by NDTV Business Desk
The report stated that considering cryptocurrencies’ high volatility and valuation, they could pose challenges to financial stability
- www.ndtv.com/business
-
PM Modi's Statement On Crypto Amid Final Preps For Regulation: 10 Facts
- Friday December 10, 2021
- Business | Edited by Nikita Prasad (With inputs from Agencies)
Prime Minister Narendra Modi today said that emerging technologies such as cryptocurrencies should be used to empower democracies, and not undermine it. According to reports, PM Modi will take the final decision on the regulatory framework for cryptocurrencies, amid conflicting views, as policymakers remain adamant that unregulated transactions in ...
- www.ndtv.com/business
-
PM Modi To Take Final Call On Crypto Rules: Report
- Friday December 10, 2021
- Business | Reuters
Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies, amid conflicting views, financial newspaper the Economic Times reported on Friday.
- www.ndtv.com/business
-
India Has Highest Number of Cryptocurrency Owners in the World at Over 10 Crore: Report
- Wednesday October 13, 2021
- Shomik Sen Bhattacharjee
In terms of cryptocurrency-related Internet searches over the past year, US leads the way for India, the United Kingdom and Canada.
- www.gadgets360.com
-
UK to Finalise Crypto Legislation by 2026, FCA Outlines Regulations Roadmap
- Wednesday November 27, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The UK's Financial Conduct Authority (FCA) has set a deadline of 2026 to finalise its crypto legislation. So far this year, the FCA has participated in several roundtable discussions to gather insights from investors and regulators on the necessary regulatory framework for crypto.
- www.gadgets360.com
-
EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report
- Monday July 1, 2024
- Written by Radhika Parashar, Edited by Siddharth Suvarna
Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.
- www.gadgets360.com
-
Crypto Reporting Framework Discussed During G20, Decision Taken on Swift Implementation
- Saturday September 9, 2023
- Press Trust of India
The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027. The Crypto Asset Reporting Framework (CARF) or template is being developed to make sure that such non-financial assets are ...
- www.gadgets360.com
-
G20 Leaders Decide On Swift Implementation Of Crypto Reporting Framework
- Saturday September 9, 2023
- India News | Press Trust of India
The G-20 leaders on Saturday decided on swift implementation of the reporting framework for crypto assets, saying a significant number of member nations want information exchange on such non-financial assets to start by 2027.
- www.ndtv.com
-
Global Framework for Crypto Regulation Could Leverage Learnings From India: WEF Report
- Tuesday June 6, 2023
- Press Trust of India
From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts, a global study said on Monday while calling for leveraging learnings from India.
- www.gadgets360.com
-
Nothing Outlaws Crypto as Long as You Follow Legal Process, MoS IT Rajeev Chandrasekhar Says
- Friday January 20, 2023
- Reuters
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, said Thursday that here was no issue with cryptocurrencies in India if all laws were followed. Speaking at an event in Bengaluru, he said: "There is nothing today that outlaws crypto as long as you follow the legal process."
- www.gadgets360.com
-
G20 Members to Review Anti-Evasion Crypto Tax Framework Drafted by OECD
- Tuesday October 11, 2022
- Written by Radhika Parashar, Edited by Siddharth Suvarna
The Organisation for Economic Cooperation and Development, or OECD has proposed amendments to the ‘Common Reporting Standard (CRS)’, that is taken into consideration by the G20 and OECD organisations to bring about tax reforms for the crypto sector. Over the next months, the OECD will be taking forward work on the legal and operational instrume...
- www.gadgets360.com
-
EU’s Landmark Markets in Crypto-Assets Regulation Gets European Council's Green Light
- Thursday October 6, 2022
- Written by Shomik Sen Bhattacharjee, Edited by Richa Sharma
The European Union (EU) has agreed on a legal framework for bitcoin and cryptocurrencies known as Markets in Crypto Asset Regulation (MiCA). The bill was signed off by members of the EU Council on Wednesday and consists of a regulatory framework previously established in June, which reportedly received no further development since then.
- www.gadgets360.com
-
Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
- Monday September 19, 2022
- Written by Shomik Sen Bhattacharjee, Edited by David Delima
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
- www.gadgets360.com
-
Crypto Assets Are No Longer Niche, Regulators Need to Keep Pace: IMF Report
- Wednesday September 7, 2022
- Written by Shomik Sen Bhattacharjee, Edited by Siddharth Suvarna
The past few years have seen crypto assets move from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to the International Monetary Fund (IMF).
- www.gadgets360.com
-
OECD Drafts Rules to Standardise Crypto Data Sharing Among Global Tax Authorities
- Wednesday March 23, 2022
- Radhika Parashar
The Organisation for Economic Co-operation and Development (OECD) has proposed a set of laws circling around the taxation of crypto assets. The rules aim to clarify instructions on how global tax agencies exchange crypto-related data among themselves. The rules aim to bring cryptocurrencies under the international tax system.
- www.gadgets360.com
-
IMF Staff Seeks Global Framework For Crypto Assets And Companies Dealing With Them
- Thursday January 13, 2022
- Business | Edited by NDTV Business Desk
The report stated that considering cryptocurrencies’ high volatility and valuation, they could pose challenges to financial stability
- www.ndtv.com/business
-
PM Modi's Statement On Crypto Amid Final Preps For Regulation: 10 Facts
- Friday December 10, 2021
- Business | Edited by Nikita Prasad (With inputs from Agencies)
Prime Minister Narendra Modi today said that emerging technologies such as cryptocurrencies should be used to empower democracies, and not undermine it. According to reports, PM Modi will take the final decision on the regulatory framework for cryptocurrencies, amid conflicting views, as policymakers remain adamant that unregulated transactions in ...
- www.ndtv.com/business
-
PM Modi To Take Final Call On Crypto Rules: Report
- Friday December 10, 2021
- Business | Reuters
Prime Minister Narendra Modi will take a final decision on the regulatory framework for cryptocurrencies, amid conflicting views, financial newspaper the Economic Times reported on Friday.
- www.ndtv.com/business
-
India Has Highest Number of Cryptocurrency Owners in the World at Over 10 Crore: Report
- Wednesday October 13, 2021
- Shomik Sen Bhattacharjee
In terms of cryptocurrency-related Internet searches over the past year, US leads the way for India, the United Kingdom and Canada.
- www.gadgets360.com