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Regulations
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
The agency contends last week's court ruling that offerings from Terraform were securities should help make its case that the exchanges traded unregistered securities.

North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs
U.S. national security officials have raised concerns about North Korea's use of stolen crypto to develop nuclear weapons.

Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report
"It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said.

South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges."

India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.

Will 2024 Be the Year of the Bitcoin ETF?
All signs suggest a spot bitcoin exchange-traded fund may well launch in the U.S.

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.
