The Israel Tax Authority and the Ministry of Finance have published a memorandum of law to regulate the digital asset sector in Israel. This memorandum recognizes digital assets for the first time as capital assets subject to...more
11/26/2024
/ Annual Reports ,
Capital Gains ,
Capital Gains Tax ,
Capital Markets Authority ,
Comptroller ,
Cryptoassets ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Foreign Currency ,
Israel ,
Policy Memorandums ,
Proposed Rules ,
Regulatory Agenda ,
Regulatory Oversight ,
Tax Authority
The EU is continuing to shape the regulatory landscape in the crypto market After the Markets in Crypto-Assets Regulation (MiCA) entered into force in June 2024, a significant step took place last July with the publication of...more
11/12/2024
/ AML/CFT ,
Compliance ,
Cryptoassets ,
Cryptocurrency ,
EU ,
European Banking Authority (EBA) ,
FATF ,
Israel ,
Money Laundering ,
Regulatory Requirements ,
Travel Rule
Non-EU or non-MiCA compliant entities that want to offer or provide crypto-asset services to clients in the EU must be aware of the newly drafted guidelines from the European Securities and Markets Authority (ESMA). The...more
This past August, the US Securities and Exchange Commission took enforcement action against Impact Theory, a US media company that sold NFTs called “KeyNFTs.” It filed a second enforcement action shortly thereafter, against...more
The Israel Securities Authority recently promulgated its revised legislative proposal addressing the applicability of securities laws to digital assets. The proposed legislation aims to determine how securities laws will...more