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Regulations
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.

South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year.

Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX.

U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting
North Korea has stolen billions of dollars' worth of crypto in support of its nuclear and ballistic missile programs,

Crypto Provisions Dropped From 2023 U.S. Defense Bill
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.

Binance Founder Changpeng 'CZ' Zhao Stuck in U.S. Until Sentencing
Zhao pleaded guilty to a federal charge last month.

Basel Committee Seeks to Consult on Stablecoins Risk Treatment
Regulators have been looking to increase supervision of crypto and mitigate risks posed by banks' exposure to crypto.

Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BOE said.

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
The hearing, scheduled to take 15 days, will also seek to determine whether the alleged hack occurred.

India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
"Many important countries, whether it's the US, the UK, India, are going in for elections and so, I'm not sure in 2024 the standards will develop," Sinha said.
