... Asia: Asian countries are striving to strengthen their jurisdictions' status as crypto-friendly hubs. Hong Kong has introduced a mandatory licensing regime for cryptocurrency exchanges and is already issuing the first licenses for retail trading of digital assets; moreover, a comprehensive stablecoin law has been enacted (coming into effect in August 2025), attracting new market participants to Hong Kong. Singapore maintains a strict yet clear regulatory framework: a combination of stringent requirements with support for the blockchain industry and ...

... countries are striving to strengthen the status of their jurisdictions as crypto-friendly hubs. For instance, Hong Kong has introduced a mandatory licensing regime for cryptocurrency exchanges and is already issuing the first licenses for retail trading of digital assets. A comprehensive stablecoin law has also been passed (effective August 2025), drawing new market participants to Hong Kong. Singapore maintains a strict yet clear regulatory framework: a combination of stringent requirements and government support for the blockchain industry stimulates ...

... focus on dollar-backed stablecoins ensures the dollar's ongoing role in the global digital economy. The dominance of USD stablecoins provides relative predictability:... ... remain in dollars. This enhances market confidence among those previously wary of crypto assets due to price volatility. Risks and Challenges Despite positive changes, investors... ... have yet to be legally implemented. Their realization will require the passage of new laws by Congress and active actions from regulators. The process may be prolonged, especially...

... the long-term value of their asset. Regulation: New Rules in the U.S., Hong Kong, and the EU Recent weeks have brought breakthrough changes to cryptocurrency regulation, primarily across major markets: U.S.: For the first time at the federal level, a law regulating digital assets has been passed. President Donald Trump signed the GENIUS Act , which establishes clear requirements for the issuance and backing of stablecoins (coins pegged to official currencies such as Tether (USDT) or USD Coin (USDC)). This law forms the ...

... analyze all the key details and possible consequences in our article. Tax Amendments for Mining in Russia: What Changes for the Cryptocurrency Sector and Investors On November 15, 2024, the Russian government approved a draft amendment to the federal law regulating the taxation of mining and operations with digital assets. These changes represent a significant step in the development of the legal framework for mining in Russia, aiming to legalize and streamline taxation in this sector. Below, we will explore the key aspects of the amendments and analyze their impact ...