Australia’s financial intelligence agency and securities regulator announced an increased review and amended guidelines for crypto-related operations. On December 6, the Australian Transaction Reports and Analysis Centre (AUSTRAC) released a...
Stanislav Moiseev, founder of Hydra, has been sentenced to life in prison by the Moscow Regional Court. Hydra, a darknet marketplace and crypto mixer that handled $5 billion in cryptocurrency,...
Ripple’s Chief Technology Officer (CTO) David Schwartz criticized “Operation Chokepoint 2.0,” calling it a form of indirect government regulation. Schwartz argues that governments are pressuring banks and financial institutions to...
Taiwan has implemented stringent anti-money laundering (AML) regulations for virtual asset service providers (VASPs), effective November 30, 2024. This change builds on Article 6 of the Money Laundering Prevention Law,...
South Korea’s proposed tax regime for crypto-related ventures met a bottleneck when the country’s National Assembly’s Strategy and Finance Committee failed to convene its plenary session. The legislators could not...
The number of UK crypto users has increased significantly over the past two years, prompting regulators to work toward implementing a dedicated crypto regime. Reports indicate that the UK’s Financial...
A U.S. District Court struck down the SEC’s controversial Dealer Rule, declaring it exceeded the SEC’s statutory authority under the Exchange Act. The court sided with the plaintiffs, including key...
In South Korea, a significant development is brewing as the opposition Democratic Party of Korea (DPK) proposes raising the crypto tax exemption to 50 million won (approximately $35,900). The move...
Russia amended its crypto tax legislation, proposing a 15% tax on income from crypto asset trading and mining. This aligns with the government’s efforts to establish a balanced taxation policy...
South Korea’s Financial Intelligence Unit (FIU) has uncovered numerous violations of customer verification procedures during its review of Upbit’s license renewal application. Reports indicate that the FIU found between 500,000...
Following Donald Trump’s recent election victory, a16z co-founders Marc Andreessen and Ben Horowitz expressed hope for a more favorable regulatory environment under the new administration. In an interview on Wednesday,...
As discussions around potential U.S. regulatory changes gain momentum, Rune Christensen, co-founder of MakerDAO and Sky Protocol, suggested that the victorious Donald Trump could revolutionize decentralized finance (DeFi). According to...
In the ongoing legal case between Binance, former CEO Changpeng Zhao, and the U.S. Securities and Exchange Commission (SEC), Binance’s legal team has filed a motion to dismiss the SEC’s...
The wife of the defunct Three Arrows Capital (3AC) founder, Zhu Su, has reportedly sold a mansion in Singapore for S$51 million (US$38.5 million). This sale occurred despite a court...
A potential hike in the UK’s capital gains tax rate could negatively impact Britain’s strong five million crypto community. Policy advisor Suzanne Morsfield from CryptoUK expressed concern that raising capital...
South Korea, through its Financial Services Commission (FSC), announced that the newly formed Virtual Asset Committee will hold its first meeting on November 6. As an advisory group, the committee...
Former President Donald Trump has publicly pledged to remove current SEC Chair Gary Gensler if he wins the 2024 presidential election, promising to appoint a more crypto-friendly regulator. This decision...
With the US election coming up, a voter fraud scheme in Pennsylvania has sparked a national debate. In Lancaster County, officials have unearthed thousands of fraudulent voter applications with identical...
Denmark will become the first country to tax inactive gains from crypto investments. Starting 2026, Danish crypto investors may face a tax rate of up to 42% on unused capital...
U.S. Congressman French Hill believes the government could introduce significant crypto regulations by Q2 2025. Speaking on the Thinking Crypto podcast, Hill explained that while the current Congress has laid...
The crypto industry actively backs the 2024 US elections, hoping for a Donald Trump victory. This support stems from his campaign’s promise of a pro-crypto agenda. Meanwhile, regulatory scrutiny continues...
The European Securities and Markets Authority (ESMA) has addressed the European Commission’s proposed changes to the Markets in Crypto-Assets Regulation (MiCA) Regulatory Technical Standards (RTS). ESMA pointed out certain legal...
Sean McHugh, a senior official with Dubai’s Virtual Assets Regulatory Authority (VARA), pushed back against the opinion that his agency is taking a “friendlier-than-usual” approach to crypto regulation. He stated...
Private litigants, such as Coinbase, find themselves in the unusual position of having to go to court to get clarity on the U.S. Securities and Exchange Commission’s (SEC) actions and...
Japan’s Financial Services Agency (FSA) has said that non-custodial wallet services using authentication technology are not crypto asset trading businesses. This decision, made through the “gray area elimination system,” aims...