Turkey’s Crypto Assets Bill in Parliament – What Awaits Us?
Turkey is about to enact its much-anticipated crypto law, but will this be enough to satisfy the sector’s concerns and get the country off of the FATF’s grey list? E. Mümtaz Hacıpaşaoğlu & Alp Mete Şirin The increasing importance of crypto assets globally has prompted Turkey to take action. The long-awaited “Crypto Assets Law” has […]
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 […]
Crypto Taxes in Different Jurisdictions -II
Many countries have entered a busy period in tax payments, especially crypto investors, due to the arrival of the tax period. Our latest article has examined three jurisdictions, the United States, Canada, and Germany, regarding how they determine cryptocurrencies legally and approach crypto taxation. This article examines the legal status of cryptocurrencies and their place […]
Crypto Taxes in Different Jurisdictions -I
Cryptocurrency-related investment options have increasingly been chosen over other investment alternatives within the past few years. Due to the sudden increase in its use and fluctuations in prices, it is inevitable for lawmakers to regulate this area to control the financing and verification with the laws such as AML, KYC, and taxation. In this context, […]
Laissez Faire, Laissez Passer – However in a ‘Responsible’ Way The U.S Government’s Approach Towards Digital Assets
Abstract: Recent Executive Order published by the White House sets forth the first comprehensive digital assets strategy of the U.S. government and adopts the “whole-of-government approach” to create the new U.S. financial system including the digital assets. Keywords: executive order, digital asset, cryptocurrency, central bank digital currency, decentralized finance. As governments’ position towards crypto assets evolves, crypto […]