Crypto regulatory news around the world: October ’22 UK. The government continues to consider potential amendments to the Economic Crimes bill.
Portugal. A new tax policy will be applied, starting in 2023. The government plans to apply a 28% tax on cryptocurrency gains made within one year.
Brazil. Rio de Janeiro will become the first city in the country to accept crypto payments for property taxes.
Japan. Money transfer rules will be updated to include cryptocurrency in its regulatory scope.
China. Hong Kong is considering its own bill to regulate cryptocurrency amid a crypto ban in mainland China.
Kazakhstan. The Eurasian Bank has completed the country’s first purchase of cryptocurrencies for fiat.
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