Crypto Reporting Framework

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.

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 ...

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.

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.

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."

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...

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.

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.

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).

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.

The report stated that considering cryptocurrencies’ high volatility and valuation, they could pose challenges to financial stability

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 ...

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.

In terms of cryptocurrency-related Internet searches over the past year, US leads the way for India, the United Kingdom and Canada.

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.

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 ...

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.

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.

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."

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...

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.

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.

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).

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.

The report stated that considering cryptocurrencies’ high volatility and valuation, they could pose challenges to financial stability

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 ...

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.

In terms of cryptocurrency-related Internet searches over the past year, US leads the way for India, the United Kingdom and Canada.