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Regulation
‘Avoid Ban on Private Cryptocurrencies,’ Indian Technology Think Tank CIS Recommends
The recommendations include classifying crypto in a way that allows it to be regulated by either the central bank or the markets regulator.

India’s Crypto Bill Likely to Be Delayed for Several Weeks: Reports
The bill, which needs Cabinet approval to be heard by the full parliament, isn’t on the agenda for today’s meeting.

The Infuriating Patchwork of Crypto Regulations Is Good for Crypto
Calls for a centralized crypto regulator in the U.S. feed the false narrative that the industry is unchecked.

Bank of Russia Bars Mutual Funds From Investing in Crypto
In a new directive, the regulator prohibited Russian mutual funds from directly or indirectly investing in crypto assets.

SEC’s Gensler Says Crypto ‘Fits in Our Broad Remit’: Report
The U.S. regulator also restated his request to crypto exchanges to “come in, work with the SEC.”

Binance Singapore Drops Crypto License Plans in City-State
Binance has already set up an entity for a global headquarters, the exchange’s CEO Changpeng “CZ” Zhao said.

South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
The regulations will be unveiled in early 2022 as a response to two major scams that defrauded investors of significant sums earlier this year.

Miners Look Away From Kazakhstan for Growth Opportunities
Relationships between the government and miners have turned sour as electricity shortages persist.

FTX US Joins International Swaps and Derivatives Association
The crypto exchange plans to work with the association to build up crypto derivatives markets in the U.S. and around the world, CEO Sam Bankman-Fried tweeted.
