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Regulation
Crypto Startup Amber Group Acquires Japanese Exchange DeCurret
The exchange, which has been in operation for three years, has yet to turn a profit.

India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee
Finance Minister Nirmala Sitharaman noted the moves during the country's annual budget speech to Parliament.

Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement has been reached between the congressman who introduced the provision and an industry think tank that lobbied against it.

The Unhosted Crypto Wallet Rule Is Back
A controversial proposed rule that would enforce know-your-customer (KYC) rules on unhosted or self-hosted crypto wallets may again be under consideration by the U.S. federal government, particularly in the Treasury Department’s semiannual agenda of regulations. CoinDesk’s Nikhilesh De discusses what this means for the U.S. crypto regulatory landscape.

Thailand Axes 15% Crypto Withholding Tax Plans Following Pushback: Report
Earned income on crypto trading or mining can be reported as capital gains on income taxes, tax officials said.

Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs
Regulators want only professional investors to be exposed to those kinds of products.

Russian Government Agrees on Road Map to Regulate Crypto: Report
Government ministries and other official bodies agreed on principles for future crypto regulation. The Bank of Russia objects.

Warren Targets 6 More Crypto Miners for Their Energy Use
The crypto miners welcomed the dialogue on the environmental issues of mining with the Massachusetts senator.
