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Regulations
England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders
South Korea’s Gyeonggi Province tax department traced the crypto accounts through the mobile numbers of the delinquents held by local authorities.
South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the effect of tokenization on domestic markets.
DCG Calls Out Subsidiary Genesis' Settlement With New York as 'Subversive'
DCG filed an objection in bankruptcy court to the deal its own subsidiary secured to end the New York attorney general's investigation of fraud and money laundering controls.
Crypto Action in Senate Remains on Back Burner: Sources
Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far holding off.
Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
Public consultations on stablecoins and over-the-counter trading are already in progress.
Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says
Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with representatives of the crypto sector to discuss upcoming regulations.
Crypto Super PAC Fairshake Raises $4.9M From Winklevoss Twins: Report
Overall, Fairshake has raised more than $85 million to support leaders who endorse crypto and blockchain.
U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System
LockBit hit more than 2,000 different victims, who forked out north of $120 million in payments, according to a DOJ press release.
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.