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Latest from Amitoj Singh
South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report
Kang Jong-Hyun is charged with embezzlement, breach of trust and fraudulent illegal transactions.

India's Crypto Tax Amendment Could Punish Evaders With Jail Time, Attorneys Say
In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector.

Crypto India Looks for Relief but Holds Out Little Hope in Budget Speech
India is unlikely to make any crypto related tax cuts, multiple sources said.

Australian Regulator Had Internally Raised Concerns on FTX
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.

SEC Probing Investment Advisers Over Crypto Custody: Report
The U.S. regulator wants to know whether firms that have custody of client funds meet the criteria of being a "qualified custodian."

SEC Derailed Circle's Plans to Go Public via SPAC Deal: Report
Circle said its plans to go public didn't go through because the U.S. Securities and Exchange Commission did not sign off on it.

Australian Crypto Exchange Digital Surge to Pay Back Creditors After Losing $33M on FTX
More than 22,000 of its customers have had their digital assets frozen since Nov. 16.

India Has Clamped Down on Crypto. What Will It Do With Its G-20 Power?
As this year's president of the intergovernmental forum, India can dictate how developed countries think about the future of crypto regulation, says CoinDesk's Amitoj Singh.

Indian Government Launches Blockchain Initiative With 5ire, Network Capital
5ire said in July it raised $100 million in Series A funding from U.K.-based conglomerate Sram and Mram.

Objectors to FTX Using Sullivan & Cromwell as Its Law Firm Seek to Delay Court Hearing
The issue of the law firm is expected to be the subject of a bankruptcy court hearing scheduled for Friday.
