Crypto.com applies for Hong Kong license amid regulatory crackdown. Hong Kong SFC emphasizes swift closure for unlicensed exchanges, urging investor protection. The outcome of Crypto.com’s application remains uncertain. In a bid to establish a stronger […]
Montenegro Court revokes Do Kwon’s extradition, citing procedural violations. Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro sentence. US SEC trial postponed, hinting at legal manoeuvres amidst extradition proceedings. In a significant […]
Treasury and BOE intensify efforts to explore CBDC feasibility and design options. Emphasis is on privacy and security in the CBDC design process. Discrepancies over holding limits highlight debates within the banking sector. The United […]
Will South Korea allow spot Bitcoin ETFs? The Financia Services Commission had warned brokerage firms against offering recently listed US spot Bitcoin ETFs. President’s office urges FSC to reconsider stance, noting possibility if incorporating foreign-listed […]
The new bill seeks to introduce a crypto regulatory framework that aligns with the EU’s MiCA. Poland’s Financial Supervision Authority (KNF) will supervise cryptocurrencies and impose penalties where applicable. Poland’s financial markets regulator plans to […]
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense. NYDFS said in a press release that investigations found the crypto platform had […]
Turkey’s crypto regulation seeks to align the country’s anti-money laundering laws with the scope of the Financial Action Task Force (FATF) as it looks to get off the “grey list”. Minister of Treasury and Finance […]
Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads the initiative, emphasizing the right to financial flexibility. Despite temporary limitations, entities opting for Bitcoin […]
India issues show-cause notices to Binance, Kucoin, and others for PMLA violations. Finance Ministry urges blocking URLs of offshore exchanges operating illegally in India. 1% tax on local exchanges prompts 3-5 million Indian users to […]
Argentina’s President Milei proposes tax incentives in a draft bill for crypto regularization. Asset regularization scheme offers favourable rates, encouraging prompt declaration by citizens. The controversial omnibus bill sparks debates and protests amidst economic and […]
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