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Exchanges
South Korea's Financial Watchdog Warns Foreign Exchanges Must Register in 2 Months
The Korea Financial Intelligence Unit is pushing for exchanges to register in line with new anti-money laundering laws.

Indian Exchanges Unfazed by Current Crypto Bear Market: Report
Despite the downturn, exchanges say they are looking to build up their infrastructure for when the next big boom in crypto rolls around.

Gemini Exchange to Expand Asia-Pacific Operations in a Bid to Capture Growth
The company will open offices in Australia and Hong Kong.

India Could Hit International Crypto Exchanges With Additional 18% Tax: Report
Most Indian exchanges pay the goods and services tax on their profits and commissions in the absence of clarity from the country's tax authority.

India's Crypto Investors Could Face 2% Levy on Purchases From Overseas Exchanges
It may be difficult for the government to impose the levy in the absence of a regulatory framework for the treatment of crypto assets.

South Korean Exchanges Halt Trading on Certain Cryptos as Regulatory Pressure Mounts
Upbit, Huobi and Coinbit are among the cryptocurrency exchanges outlined in the report that have halted trading on certain coins.

Banks in South Korea Instructed to Treat Crypto Exchanges as High-Risk Clients
Banks will have to deny services to clients that do not comply with ID verification requirements or fail to report suspicious activity to the FSC's anti-money laundering unit.

Major Crypto Exchanges Seek India Entry Despite Regulatory Uncertainty: Report
There is a bill pending in parliament, which seeks to ban private cryptocurrencies.

Bitfinex Now Owns a Stake in No-KYC Bitcoin Exchange Hodl Hodl
Bitfinex plans to enter the DeFi market via Hodl Hodl and will add fresh liquidity to the Hodl Hodl lending pool.

Google Will Only Take Ads From FinCEN-Registered or Chartered Crypto Exchanges, Wallets
Effective Aug. 3, anyone seeking to advertise those products to U.S. customers will have to be registered with FinCEN or a federal or state chartered bank.
