United States
Under SEC Chair Paul Atkins, the SEC is drafting new rules to:
โ Clarify classification of crypto tokens
๐ผ Promote lawful issuance & trading
๐ซ Deter fraud and misconduct
๐ฎ๐ณ India
India continues its tough stance:
๐ธ 30% tax on crypto profits
๐ฐ 1% TDS on all crypto transactions
๐งพ Mandatory KYC update by June 30, 2025 to boost compliance and transparency
๐ฌ๐ง United Kingdom
The UK steps ahead with innovation:
โ๏ธ Launch of GFO-X โ the first regulated crypto derivatives platform
๐ A move toward more formal regulatory oversight
Why It Matters:
These varied strategies emphasize the importance for investors and businesses to: