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Kenya to tax 4 million digital asset owners under new bill

The Capital Markets (Amendment) Bill will be the first law to govern the digital asset industry and will impose taxes akin to the existing 20% excise duty. ....

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Twala launches new digital ID technology to prevent fraud in the Philippines

Alex Quinit, co-founder of Twala, notes that the core purpose of the Self-Sovereign ID is to give individuals greater control over how their data is shared while limiting misuse by bad actors. ....

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California's financial regulator suspends SALT Lending's license

Digital asset lender SALT blamed the recent FTX collapse for its financial turmoil but noted that it is working with relevant stakeholders to resolve the debacle. ....

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South Korea: Daniel Shin's Chai Corp. offices raided over alleged links with Terra

Prosecutors stormed Chai Corporation, the payments technology company founded by Daniel Shin, on the allegations that it misused its customers' personal information without their consent. ....

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Philippines SEC issues public warning vs Cryptogix, Crypto Marketers over breach of capital market laws

Cryptogix leveraged social media to offer investments to the public while claiming to provide 100% returns in as little as 90 days, according to the Philippines’ securities regulator. ....

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