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Regulations
Hong Kong to Consult on Regulation for OTC Crypto Venues 'Very Soon'
The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.

India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is weighing CBDC privacy technology and crypto tax is not part of its domain, a senior official told CoinDesk.

U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy
Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.

Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges
Aliaksandr Klimenka is accused of processing billions in transactions for drug peddlers and cybercriminals throughout much of the 2010s.

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
Expectations were low for a change in the stiff taxes on crypto transactions: a 30% tax on profits and a 1% TDS on all transactions.

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work
The opposition party leads the polls in what's likely to be an election year.

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
Retail investors can now invest without limits in digital tokens backed by real estate or infrastructure.

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule
FinCEN has some concerns about mixers' use in terrorism. Crypto advocates warn its proposed solution may go too far.

Bitpanda Crypto Exchange to Withdraw From Netherlands
The company said it is committed to complying with the regulatory landscape.

HyperVerse's Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO
The SEC and a grand jury have accused two people behind the alleged fraud.
