Policy
China, Hong Kong Enter Second Phase of Cross-Border Digital Yuan Trials: Report
Hong Kong banks and merchants have been testing the use of China’s CBDC.

Australia Set for Massive Shakeup to Crypto Regulations: Treasurer
The country will launch its biggest payments reform in 25 years, the treasurer said in an interview.

South Korea’s Hashed Under Tax Investigation
The investment firm announced $200 million in new funding last week.

South Korea Delays Plans to Tax Crypto to 2023
Lawmakers, likely seeking support from young voters, decided to postpone the virtual assets tax.

China’s Qihoo 360 Built Crypto Mining Monitoring Software to Support Crackdown
The cybersecurity company says 109,000 mining IPs were active daily on average in November.

Five Things to Know About Twitter’s New CEO Parag Agrawal
Agrawal is a “champion” of Twitter’s project to develop decentralized social media, the project’s leader said.

Indian Finance Minister Says Monitoring Crypto Ads; Not Weighing Ban
The Indian government is set to bring out a new crypto draft bill in the winter session of parliament.

Huobi Group Picks Singapore as Regional Headquarters
The crypto exchange has already moved significant parts of its operations to the city-state.

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.
