Most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset. The case reinforces stricter regulatory expectations across South Korea’s crypto […]
South Korea delays its Digital Asset Basic Law to 2026 amid disputes over stablecoin oversight authority. Lawmakers pause crypto legislation as regulators clash on who should control stablecoin reserves and enforcement. Regulatory uncertainty grows as […]
Current crypto profits can face tax rates of up to 55% under the miscellaneous income system. Only specified crypto assets under Japan’s financial framework will qualify for the lower rate. A three-year loss carry-forward for […]
IMF says talks with El Salvador continue, focusing on transparency, public funds protection, and Bitcoin-related risks. Negotiations to sell or wind down El Salvador’s Chivo Bitcoin wallet are well advanced under the IMF loan program. […]
Indonesia’s regulator has published a whitelist of 29 licensed crypto platforms. Indonesia has taken a decisive step to clarify who can legally operate in its fast-growing crypto market. Global firms such as Robinhood and OSL […]
Michael Selig is confirmed as CFTC chair, ending a long interim period at the US derivatives regulator. Selig signals a narrower enforcement focus as Congress weighs expanding the CFTC’s crypto authority. Leadership change comes as […]
The exchange restarted access on Thursday, including spot trading across 100 currency pairs. FCA financial promotion rules introduced in October 2023 led several crypto firms to end UK operations. The UK government has said it […]
Coinbase has been an investor in CoinDCX since 2020 and disclosed the latest infusion in October. The approval follows Coinbase’s reopening of user registrations in India after a two-year hiatus. CoinDCX reported a $44.2 million […]
Nasdaq plans to place tokenized and traditional securities on the same order book. Settlement would still run through DTCC systems despite blockchain integration. Industry responses are split as regulators assess legal and operational risks. The […]
Mike Selig is positioned to replace Acting Chair Caroline Pham at the CFTC if confirmed. The CFTC has already expanded crypto oversight through collateral approvals and spot trading permissions. Travis Hill’s confirmation would formalise his […]
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