Friday Oct 04, 2024

SEC Appeals Ripple Ruling, Thailand Exempts Crypto VAT

The SEC appeals a pivotal ruling on XRP, potentially reshaping crypto regulation in the U.S. Meanwhile, Thailand introduces a new decree exempting VAT on cryptocurrency transactions, aiming to boost its digital asset market. Plus, Louisiana embraces cryptocurrency for state services, and the FBI warns of a $30 million scam involving the fake platform ICHCoin. Stay informed on these critical developments in the cryptocurrency landscape with Simply Crypto.

Sources:
https://economictimes.indiatimes.com/tech/technology/sec-appeals-decision-that-restricted-its-crypto-oversight/articleshow/113893545.cms
https://www.globalvatcompliance.com/globalvatnews/thailand-exempts-cryptocurrency-vat/
https://www.dailysignal.com/2024/10/04/want-to-pay-in-cryptocurrency-now-you-can-in-louisiana/
https://abc13.com/post/cryptocurrency-scam-fbi-warns-users-ichcoin-after-victims-lured-scheme-social-media-platforms/15390255/

Outline:
(00:00:00) Introduction
(00:00:42) SEC appeals decision that restricted its crypto oversight
(00:04:11) Thailand Exempts Cryptocurrency VAT Under New Decree
(00:07:47) Want to Pay in Cryptocurrency? Now You Can in Louisiana
(00:10:12) FBI warns users of fake cryptocurrency platform ICHCoin and believes there's more victims

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