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Policy
India Has No Plans to Recognize Bitcoin as Currency; RBI Working on CBDC Rollout: Reports
The Indian parliament kicked off its winter session on Monday. Key crypto legislation will be discussed.

Multiple Mining Pools Are Facing Connectivity Issues
Some of the world’s biggest mining pools are facing severe disruptions.

Huobi Co-Founders Set Up New Chinese Entity
The crypto exchange deregistered a Beijing entity in July, amid a regulatory crackdown on crypto.

Canada Needs a Loonie-Linked Digital Currency, Policy Experts Say
Policy think tank C.D. Howe Institute sees Canadian-dollar-linked stablecoins, issued by the Bank of Canada, becoming attractive to Canadians by making them convertible into cash.

S. Korean Regulators Call for Criminal Punishments for Crypto Market Manipulation
The law is unlikely to go through Parliament this year.

Celsius Network Series B Expands to $750M
The crypto lender said in October that the $400 million it raised then would reassure regulators of the credibility of its businesses.

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by End of Next Year
Mitsubishi Corp. will lead a trial that is expected to start in January.

RBA Steps Up CBDC Research but Is Not Convinced There Is a Policy Case Yet: Official
The Reserve Bank of Australia thinks it’s plausible that crypto becomes “niche” once stablecoins and CBDCs are in full force.
