FIU reviews linked crypto transactions to scams, fraud, gambling networks, and serious criminal activities. Non-compliant crypto platforms were fined ₹28 crore in FY 2024–25 for AML breaches. Authorities are building intelligence on transaction hotspots and […]
Wyoming has launched FRNT, the first stablecoin issued and backed by a US state government. The dollar-pegged token is fully backed by cash and Treasuries and managed by Franklin Templeton. Interest from reserves is directed […]
RWA projects are treated as illegal fundraising, securities, or futures activities under existing law. Hong Kong-linked and offshore structures with mainland staff are explicitly targeted. Liability extends to the full Web3 service chain, not just […]
The proposal would let regulators suspend transactions before gains are laundered or moved. Authorities want to extend stock market-style enforcement tools to crypto trading. Recent actions by tax and financial regulators show tighter alignment with […]
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 […]
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