The UAE has updated its tax rules, exempting crypto transfers from VAT. This move aims to boost the crypto market's growth, aligning with the optimistic outlook of a potential Uptober bull run driven by meme coins and Politifi tokens.
Binance aims to re-enter the Indian market by becoming a compliant registered entity with local AML and tax regulations, reportedly willing to pay a $2 million penalty.
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act, and international cooperation on AML and tax regulations.