Ethereum ETFs Approved — Now the Eyes Turn to the Legal Steps | CoinDesk Türkiye Live
On May 24, 2024, our Managing Partner Erdem Mümtaz Hacıpaşaoğlu joined CoinDesk Türkiye‘s Haftaya Bakış live broadcast and assessed the SEC’s 19b-4 approval of spot Ethereum ETF filings, alongside the legal framework taking shape in Turkey with the new crypto-asset bill submitted to the parliament. The central thesis of the broadcast was clear: the SEC’s …
Read more →CoinDesk Türkiye Column — What the Capital Markets Law Crypto-Asset Amendment Will Bring
In May 2024, in his column on CoinDesk Türkiye, our Managing Partner Erdem Mümtaz Hacıpaşaoğlu examined the Capital Markets Law amendment bill — also known as the Crypto-Asset Law. He assessed what the long-anticipated regulation, whose various drafts had already leaked into public discussion, would mean for investors, service providers and ecosystem stakeholders. The central …
Read more →Portugal Crypto News—Every rejection is a redirection –or is it?
In the current framework, only the crypto that is used as a medium of payment in exchange for the performance of professional activities is being taxed in Portugal.1Apart from that, Portugal applies zero tax on crypto gains now, although, in principle, it applies a ratio of 28% of the tax for the capital gains due …
Read more →From Emirates Airlines News to the Bigger Picture of “Blockchain for Aviation”
In April 2022, Emirates Airlines, one of the world’s largest airlines, introduced its plan backed with spending tens of millions of dollars on a strategy to extend its services to the metaverse and to develop collectible and utility-based NFTs.1 Recently, the Chief Operating Officer (“COO”) of Emirates, Adel Ahmed Al-Redha, has revealed that they are …
Read more →Tips to Avoid Crypto Legal Pitfalls – I
Blockchain technology has demonstrated a wide range of use cases across numerous industries, created a growing market, and, as a result, has come under the scrutiny of many judicial and regulatory authorities. Because this wide adoption brings the possibility of certain legal liabilities, users, investors, and blockchain startups must be mindful of certain legal pitfalls …
Read more →Portugal: First Crypto License to a Bank
As known as a crypto investment heaven because of its taxation advantages, Portugal continues to provide incentives for its citizens and businesses. Several payment firms, crypto exchanges, and financial institutions are granted a license to provide services in this industry. On March 14, Banco de Portugal, the Central Bank of Portugal, announced that Bison Bank, …
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