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Policy
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.

Kazakh Authorities Arrest 23 Suspected of Forcing IT Professional to Run an Illegal Crypto Mine: Report
The country is still grappling with the illegal crypto mining industry.

Singapore's Central Bank to Consult Public on Stablecoin Regulations
The MAS is reviewing rules to deal with the risks of stablecoins, the minister in charge of the bank said.

'I Don’t Believe in Any Kind of "Gotcha" Regulation,' CFTC Commissioner Says on SEC Insider Trading Case
Caroline D. Pham discussed the SEC insider trading case against a former Coinbase manager and why all regulations should be clear before any enforcement actions are taken.

Taiwan Set to Ban Crypto Purchases Using Credit Cards: Report
The country's financial regulator sent a letter to the banking association asking credit card companies to stop taking on crypto firms as merchants.

South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.

Japan's Self-Regulatory Project in Peril as Financial Regulator Reprimands Crypto Advocacy Group: Report
The JVCEA has received an “extremely stern warning” over delays in anti-money-laundering rules and poor governance.

'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.

Indian Exchanges Hold Meeting to Discuss Way Forward After Crypto Advocacy Body Is Dissolved: Sources
The meeting is currently underway and at least 10 major exchanges are involved in the deliberations.

Dubai Unveils Metaverse Strategy, Aims to Attract Over 1,000 Firms
The strategy is expected to support the creation of more than 40,000 virtual jobs by 2030.
