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Regulations
India's Crypto Tax Amendment Could Punish Evaders With Jail Time, Attorneys Say
In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector.
UK Finance Ministry to Propose Broad Rules for Crypto, Invites Industry Feedback
The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes.
Kazakhstan Looks to Tighten Rules for Crypto Exchanges After FTX Collapse
The Astana Financial Services Authority is seeking market feedback on new rules targeting operational resilience and separation of customer assets.
Hong Kong to Require Stablecoin Licensing as Early as This Year
Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.
Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
Alameda Seeks to Recover $446M in Crypto Paid to Voyager After Lender's Bankruptcy
The filing comes amid Alameda's own bankruptcy process.
BlockFi's Crypto Mining Assets May Be Headed to Market After Bankruptcy Hearing
The crypto lender’s quest to get its hands on $580 million of Robinhood shares originally owned by FTX founder Sam Bankman-Fried has taken another turn, the court was told.
Crypto India Looks for Relief but Holds Out Little Hope in Budget Speech
India is unlikely to make any crypto related tax cuts, multiple sources said.
Philippines Securities Regulator Seeks Comment on Draft Crypto Rules
Draft laws published this month seek to bring crypto assets under the purview of the country's Securities and Exchange Commission.
South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering
The country will start off using a third-party system while it develops its own software.
