Policy
South Korea Taps Crypto Exchanges to Freeze $67M of Do Kwon’s Funds
South Korean prosecutors tapped crypto exchanges KuCoin and OKX to freeze $67 billion in Bitcoin linked to Do Kwon.
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Policy
France’s Central Bank Governor Reveals Use-Cases of CBDC Including Tokenized Bonds
The Banque de France plans to improving the CBDC's liquidity management in DeFi and launch blockchain-powered tokenized bonds.
Policy
California, New York, and 6 Other States Sue Crypto Lender Nexo
Eight states sued the crypto lender Nexo for allegedly offering unregistered securities and misleading investors that the company was in compliance with state laws.
Policy
China Arrests Crime Group Responsible for Laundering $5.6B in Crypto Funds
Chinese police arrested a major criminal organization suspected of laundering $5.6 billion worth of crypto funds, according to a report by Weixin.
Policy
Moscow Stock Exchange is Planning to Start Offering Crypto
Moscow Stock Exchange is working on a bill that would enable it to start listing digital assets.
Policy
New UK Bill Increases Law Enforcement Power to Crack Down on Crypto Crime
UK brings a new bill to Parliament aiming to “seize, freeze and recover cryptoassets” used by organized criminals to launder profits from fraud, drugs, and cybercrime.
Market Analysis
Central Bank and Ministry of Finance of Russia Agree on Crypto Payments
Alexei Moiseev of Russia’s Ministry of Finance, announced that his department made an agreement with the country’s Central Bank on a bill that would enable cross-border…
Policy
Coinbase Becomes First Major Global Exchange to Gain Regulatory Approval in the Netherlands
Coinbase becomes the first major crypto exchange to register in the Netherlands as a regulated entity.
Policy
Cryptocurrency Lobby Group Submits “Friend of Court” Brief in XRP Lawsuit
CDC has submitted a "friend of the court" brief in the US SEC lawsuit against Ripple Labs.
Policy
South Korea Confiscated Over $184M of Crypto in 2021 and 2022: Report
South Korea confiscated more than $184 million of crypto funds in 2021 and 2022 from 'tax dodgers', according to local media reports.
Latest
FED Raises Interest Rates by 75 BPS in 2022’s Fifth Hike
At a FOMC meeting on Wednesday, the FED announced an interest rate hike of 75 BPS bringing it up to 3%.
Policy
Iran Rushes CBDC Pilot Launch After Using Crypto for Foreign Trade Last Month
Iran recently announced they plan to launch a CBDC pilot on 22nd September.
Policy
Majority of Board Members of Crypto Exchanges Must be Citizens: Indonesia’s New Rules
Indonesia is set to tighten regulations for crypto exchanges and offer more protection for locals.