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regulation

Regulatory crypture: FTX pins ‘light touch’ hopes on CFTC
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4 April, 2022

Regulatory crypture: FTX pins ‘light touch’ hopes on CFTC

Controversial “crypto” exchange FTX hopes the CFTC will vanquish the SEC in the regulatory turf war over which branch of...
12 digital asset firms get extension as FCA registration deadline closes amid outrage
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4 April, 2022

12 digital asset firms get extension as FCA registration deadline closes amid outrage

Over 100 companies had applied for the temporary registration exemption, but only 12 were granted, even as several companies expressed...
Sudan’s central bank warns against digital currencies amid economic collapse
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4 April, 2022

Sudan’s central bank warns against digital currencies amid economic collapse

The Central Bank of Sudan warned that those who deal in Bitcoin face legal risks as it’s not classified as...
Bryan Daugherty: A commonsense approach to blockchain legislation
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1 April, 2022

Bryan Daugherty: A commonsense approach to blockchain legislation

Bryan Daugherty recognizes the education gap in the industry and developed what he describes as “a commonsense approach to blockchain...
6 US regulators crackdown on Voyager Digital over interest-bearing accounts
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1 April, 2022

6 US regulators crackdown on Voyager Digital over interest-bearing accounts

The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that...
Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole
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1 April, 2022

Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole

Top government officials have pledged to revise the Foreign Exchange and Foreign Trade Act to ensure Russia doesn’t get a...
Bank of Thailand to limit banks’ exposure to digital assets
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31 March, 2022

Bank of Thailand to limit banks’ exposure to digital assets

The central bank says it’s fully behind fostering the growth of the digital assets industry, but banks must be cautious...
Digital currency industry melts down ahead of key EU vote on non-custodial wallets
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31 March, 2022

Digital currency industry melts down ahead of key EU vote on non-custodial wallets

The new rules, if passed, would apply to ‘unhosted wallets,’ those being non-custodial third-party wallets such as Ledger, Tezos, and...
South Korean exchanges begin a new Travel Rule era, with DeFi and NFTs taking biggest hit
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31 March, 2022

South Korean exchanges begin a new Travel Rule era, with DeFi and NFTs taking biggest hit

All South Korean exchanges now adhere to the FATF Travel Rule, with transfers above $821 being flagged as DeFi and...
Vietnam’s deputy PM calls for legal framework targeting digital assets
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31 March, 2022

Vietnam’s deputy PM calls for legal framework targeting digital assets

Deputy Prime Minister Le Minh Khai appointed the Ministry of Finance to oversee digital assets and explore and amend laws...
BIS partners with Australia, Singapore on multi-CBDC platform pilot
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30 March, 2022

BIS partners with Australia, Singapore on multi-CBDC platform pilot

The Bank for International Settlements also partnered with South African and Malaysian central banks to develop the prototypes for an...
Bitcoin users to pay 30% digital currency tax in India from April 1
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29 March, 2022

Bitcoin users to pay 30% digital currency tax in India from April 1

The Indian Parliament passed the Finance Bill 2022-2023, which confirmed the 30% tax rate on all virtual digital assets (VDAs)...