Tag: intermediaries
Colombia Introduces Mandatory Crypto Reporting Rules for Exchanges
The post Colombia Introduces Mandatory Crypto Reporting Rules for Exchanges appeared com. Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset sector. The rules were set out in Resolution 000240, issued on Dec. 24, which adds a crypto reporting regime aligned with OECD-developed international standards, including the Crypto-Asset Reporting Framework (CARF). According to the new rules, crypto exchanges, custodians and other service providers must report identifying information and transaction data for “reportable” users, enabling the automatic exchange of that information with foreign tax authorities. The resolution also sets out due diligence and valuation requirements, including fair-market valuation methods, and establishes penalties for providers that fail to comply. The reporting obligations are directed at service providers and do not directly impose reporting duties on individual users. The resolution takes effect upon publication, requiring affected platforms to update their compliance and reporting systems before the first reporting cycles. Related: Brazilians may soon need to stump up taxes on crypto held abroad Countries move to close crypto tax reporting gaps As crypto moves further into the financial mainstream, governments worldwide are tightening tax rules to close reporting gaps and strengthen oversight of digital asset activity. One major change is the rollout of CARF, an OECD-backed global standard that requires crypto service providers to collect and automatically report user and transaction data to tax authorities, with initial reporting expected in 2026 and the first automatic exchanges of information anticipated in 2027. In a November update, the OECD said 48 jurisdictions have already enacted, or are close to enforcing, laws mandating CARF-related data collection, while another 27 jurisdictions are expected to begin sharing information in 2028. The Organisation for Economic Co-operation and Development, or OECD, is an international organization that develops.
IOTA Enters On-Chain Derivatives Battle With Exchange-Grade PerpDEX Architecture
The purported IOTA DEX test environment shows support for multi-collateral margin, unified on-chain oracles, a synthetic asset framework, and an active DAO capable of adjusting fees. Built with full exchange-grade architecture, the DEX aims to operate as a decentralized “banking layer” on IOTA, along with the network’s push to make vUSD a central stablecoin for [.].
Bitcoin White Paper’s 17th Anniversary Coincides with Strategy’s $13 Billion BTC Gains
The post Bitcoin White Paper’s 17th Anniversary Coincides with Strategy’s $13 Billicom. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → The Bitcoin white paper, published by Satoshi Nakamoto on October 31, 2008, marks its 17th anniversary in 2025, revolutionizing digital finance with a decentralized peer-to-peer electronic cash system. MicroStrategy, led by Michael Saylor, celebrated the milestone while reporting a $13 billion Bitcoin gain in Q3 2025. Bitcoin white paper’s 17th anniversary highlights Satoshi Nakamoto’s visionary blueprint for trustless transactions. The document outlines Bitcoin’s core mechanics, including blockchain and proof-of-work consensus. MicroStrategy holds 640, 808 BTC as of October 2025, achieving a 26% BTC yield year-to-date per their Q3 financials. Discover the Bitcoin white paper 17th anniversary impact and MicroStrategy’s massive BTC gains in 2025. Explore how this milestone shapes crypto’s future-read now for key insights on digital assets. What is the significance of the Bitcoin white paper’s 17th anniversary? The Bitcoin white paper, released by Satoshi Nakamoto on October 31, 2008, introduced a groundbreaking peer-to-peer electronic cash system that eliminates intermediaries. On its 17th anniversary in 2025, it continues to inspire innovation,.
Akshay Kumar secures legal protection from unauthorized use of AI-generated content
The Bombay High Court has granted interim relief in favour of actor Akshay Kumar, shielding him from the unauthorised use of his likeness, image, and voice through AI-generated content and deepfakes. The order marks a significant step in the ongoing conversation about celebrity personality rights and the ethical use of artificial intelligence in the media. Justice Arif Doctor observed that such misuse of a public figure’s image “not only hurts his stature but has huge consequences,” emphasizing the growing urgency of tackling impersonation and misinformation driven by emerging technologies. The order follows a civil suit filed by the actor-legally known as Akshay Hari Om Bhatia-to prevent individuals and online platforms from exploiting his persona without consent. Representing Kumar, Senior Advocate Birendra Saraf argued that the issue transcends personal injury and has broader implications for public trust. “These acts cause grave harm to the plaintiff’s goodwill and reputation, dilute his personality and publicity rights, mislead the public, and amount to unfair competition and unjust enrichment,” Saraf said, urging the court to protect digital identity rights. The petition outlines multiple instances of deepfake misuse including a fabricated movie trailer showing Akshay as Uttar Pradesh Chief Minister Yogi Adityanath, and another clip falsely portraying him making remarks about Rishi Valmiki, which led to public backlash and forced clarifications from the actor. In one instance, a platform named Akshaykumar. ai allegedly allowed users to generate synthetic audio mimicking his voice and style. Saraf also highlighted concerns over counterfeit merchandise, cloned social media accounts, and fake endorsements circulating under Kumar’s name across platforms such as YouTube, Instagram, X (formerly Twitter), and Facebook, as well as dark web listings. The plea sought a John Doe injunction against both known and unknown entities, asking intermediaries, e-commerce platforms, and domain registrars to identify perpetrators and remove infringing content. The court’s interim order aligns with a growing trend of Indian celebrities seeking protection from AI impersonations the Bombay High Court has previously extended similar relief to Amitabh Bachchan, Aishwarya Rai Bachchan, Abhishek Bachchan, Suniel Shetty, Karan Johar, Rishab Shetty, and Asha Bhosle, who faced deepfake misuse of voice and image. Also Read: Akshay Kumar moves Bombay High Court to protect his personality rights amid AI deepfake threat.
The New York Times
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