Regulations


Policy

Indian Authorities Freeze Nearly $46M in Assets of Crypto Lender Vauld

The Peter Thiel-backed project had filed for bankruptcy in Singapore last month.

Indian authorities have frozen nearly $46M worth of assets of troubled crypto lender Vauld. (Danshutter/Shutterstock)

Policy

Ban Banks From Holding Crypto, UN Development Body Says

UNCTAD recommends extra taxes on transactions and ad restrictions to boost states' revenue and safeguard financial stability in developing countries.

The UN Conference on Trade and Development warns that the rising use of crypto for domestic payments and remittances may cause “leakage” of development funds. (Gregory Adams/Getty Images)

Policy

South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report

Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.

Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)

Policy

South Korea's Financial Watchdog to Expedite New Crypto Rules: Report

Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.

South Korea's lawmakers are looking into the Terra collapse and other crypto failures. (efired/Getty)

Policy

India Regulator Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report

The Enforcement Directorate believes approximately 1000 crore rupees ($130 million) could have been laundered in the case.

The Internet and Mobile Association of India has disbanded its body representing India's crypto industry. (Laurentiu Morariu/Unsplash)

Policy

Bye-bye Brokers: EU Tries Stock Trading, the Web3 Way

A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CoinDesk was told – but some worry it’s overcautious and rigid.

Distributed ledger technology could offer more direct access to financial markets, according to EU lawmakers hoping to trial this theory in the coming months. (Alistair Berg/Getty Images)

Policy

US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance

The lawmakers also asked a series of questions about how many banks are currently involved in crypto.

U.S. Senators Elizabeth Warren and Bernie Sanders (Scott Olson/Getty Images)

Policy

NFT Collections Will Be Regulated Like Cryptocurrencies Under EU’s MiCA Law, Official Says

A carve-out for ownership tokens may prove narrow, meaning issuers have to publish white papers.

NFT regulation was discussed at Korea Blockchain Week in Seoul. (Cheyenne Ligon)

Policy

Crypto Payments Implicated in Alleged Bolton Assassination Plot, US DOJ Says

A member of Iran's Islamic Revolutionary Guard planned retribution against the former National Security Advisor, according to court documents.

John Bolton (Melissa Sue Gerrits/Getty Images)

Policy

EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's

Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.

Seoul, South Korea (Ciaran O'Brien/Unsplash)