From piperalderman.com.au: President Donald Trump has announced the creation of a “Crypto Strategic Reserve,” including five cryptocurrencies, to position the U.S. as a leader in the crypto space, though clarity on enforcement measures and congressional approval remains pending.

Advances in artificial intelligence (AI) are expected to transform tax administration globally, with the Australian National Audit Office highlighting governance gaps within the Australian Taxation Office’s integration of AI for improved compliance and efficiency.

Hong Kong has introduced a regulatory roadmap for virtual assets, promoting innovation while emphasizing investor safeguards and compliance amidst evolving challenges in the crypto market.