From Asia to Brazil — all you need to know about crypto regulation from the past week.
, JPEX. The government intends to increase its efforts to inform investors and remind them only to utilize platforms granted Securities and Futures Commission licenses., including those from crypto trading, of any person residing in Thailand for more than 180 days. Under the previous regulation, only foreign income remitted to Thailand in the year of earning was taxed.
In Brazil, lawmakers are also pushing to acknowledge crypto as a part of personal financial assets — but for another reason. Lawmakers in the National Congress of Brazil aim to include digital assets in an amendment to a bill that aims to protect the private savings of individuals up to anfrom potential seizure on behalf of creditors.
The plaintiffs argued that Bankman and Fried exploited their access and influence within the FTX empire to enrich themselves at the expense of the debtors in the FTX bankruptcy estate. The debtors alleged that SBF’s parents were “very much involved” in the FTX business from inception to collapse, contrary to what SBF has claimed.
The bill contains provisions preventing the United States Federal Reserve from issuing a CBDC to individuals and barring the Fed from utilizing any CBDC to implement monetary policy. In his
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