DIgital Assets
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News Team on 15/01/2024
A look back at the most popular stories on thewealthnet last week....
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News Team on 10/01/2024
With use of cryptoassets growing, HMRC is urging people to avoid potential penalties and check if they need to complete a Self Assessment tax return for the 2022 to 2023 tax year
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News Team on 12/12/2023
An appellant in the First-Tier Tribunal Tax Chamber cited nine fictional judgments created by AI in support of her case
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News Team on 08/12/2023
The Swiss city Lugano has begun accepting payments for taxes and municipal services in cryptocurrencies Bitcoin and Tether
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News Team on 08/12/2023
The UK and allies have exposed a series of attempts by the Russian Intelligence Services to target high-profile individuals and entities through cyber operations
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News Team on 05/12/2023
HMRC has launched a new initiative encouraging the voluntary disclosure of unpaid tax on crypto assets
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on 05/12/2023
On 7 September 2021 El Salvador became the first jurisdiction to adopt Bitcoin as legal tender. However, HMRC does not consider cryptoassets to be currency or money for the purposes of UK taxation
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News Team on 29/11/2023
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) have signed a Memorandum of Understanding (MoU), aimed at advancing the role of artificial intelligence (AI) to improve regulatory outcomes within the financial services sector
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News Team on 21/11/2023
The Solicitors Regulation Authority (SRA) has published a Risk Outlook report examining the impact of AI within the legal sector
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Nick Scott on 17/11/2023
As an increasing number of major economies oversee central bank digital currency (CBDC) pilot projects, and potential launch dates approach for the projects in the majority of G20 countries, speculation has mounted about the impact for the financial sector
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