Regulations
Japan Passes Landmark Stablecoin Bill for Investor Protection: Report
The new legal framework will take effect in a year.
New York State Senate Passes Bitcoin Mining Moratorium
The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.
Indian Exchange CoinSwitch Kuber Unveils Crypto Rupee Index
The Crypto Rupee Index (CRE8) will track the performance of the eight biggest crypto assets denominated in Indian rupees instead of the U.S. dollar.
DeFi 'Casino' May Need New Global Regulator, German Central Banker Says
Joachim Wuermeling called for immediate discussions on how to treat DeFi as the Financial Stability Board prepares a rule book for the crypto sector.
Germany Issues Crypto Securities Guidance as Deadline Looms
Registries must meet money laundering, IT and governance requirements set by BaFin.
Crypto Exchanges Should Lose Licenses for Laundering Breaches, EU Regulators Say
The advice comes as legislators reach the closing stages of the landmark crypto MiCA law.
Polygon Increases KYC Scrutiny of Potential Investments and Grants in India
Polygon is now requiring extensive customer details for prospective partners in India as regulatory scrutiny there grows, according to a source.
Wallet Firm Liminal Raises $4.7M From Elevation Capital, CoinDCX, Sandeep Nailwal and Others
Liminal was founded by Mahin Gupta, who previously co-founded Zeb Pay, a prominent Indian crypto exchange.
Crypto Banking Rules Now Due This Year From Basel Committee
The group cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase.
India 'Fairly Ready' With Crypto Consultation Paper, Government Official Says
India has not yet finalized crypto-specific legislation.
