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Hong Kong Opens Consultation on New Crypto Tax Reporting Rules

Hong Kong begins consultation on revised CARF and CRS rules to expand cross-border crypto tax reporting rules. Hong Kong began a public consultation on updates to its crypto tax reporting rules. The proposal seeks to restructure compliance requirements and increase cross-border reporting obligations for digital asset activities. Moreover, the plan...

Polygon Improves Stability with New Hardfork Rollout

Polygon launches the Madhugiri Hardfork, boosting throughput, enhancing stability, and enabling seamless future upgrades across its PoS network. Polygon has initiated a major network upgrade designed to strengthen stability and improve performance. The Madhugiri Hardfork increases the throughput by 33%, while making it possible to increase speed further in future...