Regulation
South Korea’s crypto ‘death note’ updated; 7 more exchanges to survive
Financial authorities reveal an updated list of virtual asset platforms that have complied with new regulations.
Danny Park
Lens
Regulation & Law
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Regulation
Mark Cuban to Coinbase: ‘Go on the offensive’ against SEC over high-yield product
Billionaire investor Mark Cuban says Coinbase should “go on the offensive” against the U.S. Securities and Exchange Commission in its feud over high-yield savings account Lend. Brad Garlinghouse, CEO of Ripple — which is itself embroiled in ongoing litigation with the SEC — quipped “Welcome to the party” in a GIF tweet. Fast facts In […]
Monika Ghosh
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Regulation
SEC pushes back on Ripple’s legal questions over XRP
Ripple wants to know how SEC regards Bitcoin, Ether and XRP, but SEC says Ripple is repeating the same questions as ‘they do not like the answers they received.’
Michelle Lim
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Regulation
El Salvador wowed the world by adopting Bitcoin as legal tender. Other countries are taking note
Following crypto's adoption in one struggling economy, nations in Latin America and elsewhere are now weighing the pros and cons of digital currency
Monika Ghosh
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Regulation
South Korean crypto exchanges in ‘purgatory’ plea for survival
Smaller virtual asset exchanges ask for mercy as a deadline looms to commit to Korea’s new standards.
Danny Park
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Regulatory News
Hong Kong regulator: ramp up oversight of virtual assets
An official from Hong Kong’s Securities and Futures Commission said on Tuesday that the regulator wants to increase oversight of virtual assets because scams related to them have emerged in the market, according to a report by local media etnet. Fast facts Julia Leung, deputy chief executive officer at SFC, said Tuesday at a webinar […]
Timmy Shen
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Regulation
South Korea expected to allow more crypto exchanges to survive do-or-die regulations
Only 21 out of 60 exchanges are expected to continue their services in Korea.
Danny Park
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Regulation
So, no ban? India’s crypto bill will treat virtual currencies as commodities in the asset class
The veil of uncertainty that has shrouded crypto regulatory discussions seems to be lifting, but how the government will regulate and tax digital money remains to be seen.
Monika Ghosh
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Regulatory News
Exchanges in South Korea race toward last chance of survival
Crypto trading platforms rush to meet a Sept. 24 deadline, hoping to comply with new rules designed to protect investors.
Danny Park
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Regulation
SEC charges BitConnect founder with $2B ‘textbook Ponzi scheme’
The founder of the now-defunct crypto exchange BitConnect is being sued for a US$2 billion “textbook Ponzi scheme” by the U.S. Securities and Exchange Commission, according to a Reuters report. Fast facts The SEC alleges BitConnect’s founder Satish Kumbhani, an Indian citizen, lied about the exchange’s ability to earn 40% returns on investments of BitConnect’s […]
Lachlan Keller
