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Archived coverage · Forkast crypto archive
Regulation
The Supreme Court of India has sought clarification from the government on the legality of cryptocurrencies in the country in the wake of surging Bitcoin scams, local media reported. See related article: Indian crypto scam investigated Fast facts A bench comprising Justices D Y Chandrachud and Surya Kant asked additional solicitor general (ASG) Aishwarya Bhati […]
Pradipta Mukherjee
Regulation
Binance is working to comply with sanctions on Russia imposed by Western governments following the invasion of Ukraine. See related article: Bitcoin donations for Ukraine military surpass $1M Fast facts “We have assembled a dedicated global compliance task force, including world-renowned sanctions experts, and are taking the steps necessary to ensure we take action against […]
Lachlan Keller
Regulation
Measures to detect sanctioned entities’ crypto transactions can come into play, experts say.
Timmy Shen
Regulation
BitMEX founders Arthur Hayes and Benjamin Delo pleaded guilty to violating the Bank Secrecy Act’s anti-money-laundering provisions, the U.S. Attorney’s Office in Manhattan said on Thursday. See related article: BitMEX pays US$100M to settle AML, KYC compliance breach charges Fast facts Under the terms of the plea agreement, Hayes and Delo will each pay US$10 […]
Dylan Butts
Regulation
China’s Supreme Court specified cryptocurrency trading as a means of illegal fundraising in its latest judicial interpretation of criminal law released on Thursday, the first time in the country’s history. See related article: Court in China says trading in cryptocurrency ‘not protected by law’ Fast facts A judicial interpretation is the Supreme People’s Court’s official […]
Ningwei Qin
Regulation
Around 30 South Korean crypto and blockchain firms have officially started partnering with CODE, a joint venture formed to meet the Financial Action Task Force (FATF) travel rule. See related article: What lies ahead for crypto regulations in 2022 Fast facts FATF’s travel rule is a global set of guidelines for virtual asset service providers […]
Danny Park
Regulation
Government indecision on crypto regulation prompted some businesses to move abroad. Investors and crypto professionals may follow if uncertainty prolongs.
Monika Ghosh
Regulation
All cryptocurrency ads in India will carry standard disclaimers to warn investors of risks associated with crypto beginning April 1, as per guidelines released by the Advertising Standards Council of India (ASCI) on Wednesday. See related article: Indian court seeks standardized disclaimers on crypto ads Fast facts The disclaimer must read: “Crypto products and NFTs […]
Monika Ghosh
Regulation
Moscow moves to regulate crypto. OpenSea’s security struggle. Will China cool its metaverse mania?
Forkast.News
Regulation
The high court of China’s southeastern Guangdong province has ruled cryptocurrency investment activities are not protected by law, further clarifying that crypto is not a legitimate currency in the mainland. See related article: China customs seizes 49 second-hand crypto mining rigs for export Fast facts The Guangdong high court on Tuesday listed a crypto-related virtual […]
Timmy Shen
