🚀 CoinReg Tech Proposes Regulatory Measures for Digital Asset Securities
#CoinRegTech #DigitalAssetSecurities #SEC #RegulatoryMeasures #InvestorProtection #MarketStructure #TransactionReporting #DART #CFTC #Transparency #Cryptocurrency
According to Odaily, CoinReg Tech, a provider of regulatory technology for the digital asset market, has submitted recommendations to the U.S. Securities and Exchange Commission (SEC) through its cryptocurrency task force. The proposals focus on several key areas of regulation for digital asset securities.
Firstly, CoinReg Tech suggests that digital asset securities trading, whether conducted 'on-chain' or 'off-chain,' should adhere to the same transaction reporting requirements as standard securities. This measure aims to ensure transparency and consistency in the reporting of digital asset transactions.
Secondly, the company highlights the need to address investor protection and market structure issues arising from off-chain transactions facilitated by trading platforms. This includes ensuring that investors are adequately protected and that the market operates efficiently and fairly.
Additionally, CoinReg Tech recommends amending the rules of the Securities Exchange Act to mandate timely reporting of all transactions considered to be digital asset securities. This would enhance the visibility and traceability of such transactions, contributing to a more robust regulatory framework.
Finally, the proposal calls for joint authorization and regulation of Digital Asset Repository Transactions (DART) by the SEC and the Commodity Futures Trading Commission (CFTC). This would involve recording transactions, including those submitted to public ledgers and off-chain transactions, as well as related customer ownership, regardless of whether the digital assets are classified as 'securities' or 'commodities.'
These recommendations aim to create a comprehensive regulatory environment for digital asset securities, ensuring both market integrity and investor protection.#CoinRegTech #DigitalAssetSecurities #SEC #RegulatoryMeasures #InvestorProtection #MarketStructure #TransactionReporting #DART #CFTC #Transparency #Cryptocurrency
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🚀 UK Mandates Crypto Exchanges to Report Customer Transactions Starting 2026
#UK #CryptoExchanges #HMRC #CryptoRegulations #TransactionReporting #CryptoCompliance #OECD #CARF #DigitalAssets #TaxReturns #Transparency #CryptoTax
According to ChainCatcher, the UK tax authority, HM Revenue and Customs (HMRC), has announced new regulations requiring cryptocurrency exchanges operating in the UK to collect comprehensive transaction records of all their UK customers starting January 1, 2026. These records must be shared with HMRC the following year. The collected data will be used to verify tax returns, ensure compliance, and penalize any violations.
The new guidelines align the UK with the OECD's Crypto-Asset Reporting Framework (CARF), which aims to enhance transparency in the rapidly growing digital asset market. This framework is already being implemented in regions such as the European Union, Canada, Australia, Japan, and South Korea.#UK #CryptoExchanges #HMRC #CryptoRegulations #TransactionReporting #CryptoCompliance #OECD #CARF #DigitalAssets #TaxReturns #Transparency #CryptoTax