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European trade body warns against the exclusion of DeFi from MiCA

The Association for Financial Markets in Europe (AFME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed Markets in Crypto-Assets (MiCA) regulations.MiCA is considered the first potential piece of comprehensive crypto legislation and is

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Australian Treasury consults public on Bitcoin foreign currency tax exclusion

Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.In a press release, Assistant Treasurer Stephen Jones highlighted the Australian government’s intent to exclude crypto assets from being regarded as a foreign

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