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Regulation
Federal Reserve Bank of NY Lays Out Possible Stablecoin Scenarios
Researchers look at how the digital assets could be part of the traditional banking system.

Japan's Crypto Exchanges Body Considers Easing Rules for Token Listings: Report
The industry association has to approve token listings on exchanges.

Indian Budget Provision Allows Government to Define NFTs
A clause in the just-announced budget has left the crypto industry trying to understand the future of NFTs in India.

Hester Peirce Warns Proposed SEC Reform of Securities Trading Platforms Could Threaten DeFi
"Crypto Mom" believes a new 654-page plan designed to add oversight to trading government securities could also allow new powers to scrutinize DeFi platforms.

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.
