Regulation

South Korea’s crypto exchange closures lock $13M in investor assets

More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due...

Denmark proposes taxing unrealized crypto gains as it does with some traditional financial contracts

Denmark is proposing a new taxation model that would tax unrealized gains on cryptocurrencies at 42%, aligning digital assets with existing rules...

Hong Kong targets global fintech leadership with new virtual asset strategies

Hong Kong is sharpening its focus on virtual asset trading and digital financial systems, local media reported on Oct. 23, citing Financial...

Vietnam aims to lead blockchain innovation with 2030 strategy

Vietnam unveiled its National Blockchain Strategy, setting ambitious goals to advance its blockchain capabilities in an Oct. 23 announcement.The initiative aims to...

BIS urges caution as finance industry embraces asset tokenization

The Bank for International Settlements (BIS) has issued a cautionary report as traditional financial institutions accelerate their exploration of tokenization, raising concerns...

SEC chair Gensler defends enforcement approach to crypto amid criticism

SEC chair Gary Gensler pushed back against criticism of the agency’s enforcement-driven regulatory approach to crypto during an interview on Bloomberg Technology...

India favors CBDCs over Bitcoin, Ethereum despite top rank in global adoption

Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer...

Coinbase files FOIA requests targeting FDIC over crypto banking restrictions

Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US.The new...

UK FCA defends tough crypto rules to prevent money laundering and maintain market integrity

UK’s Financial Conduct Authority (FCA) has defended its tough regulatory environment for crypto businesses in an Oct. 21 blog post by Val...
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