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Crypto exchange Bitkub targeted by Thai SEC with wash trading claims

2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars.

Fed's Powell: DeFi needs appropriate regulation before expanding to retail

Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.

Binance Global Law Enforcement Training Program is official after year of activities

The cryptocurrency exchange has been holding workshops for law enforcement worldwide since hiring a prominent IRS cybercrime investigator to head its anticrime unit.

'Time is not on our side' to provide regulatory clarity on crypto, says US lawmaker

"We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves," said House Representative Josh Gottheimer.

Japan preparing amendment to enforce FATF travel rules on crypto by May 2023: Report

Meeting international Anti-Money Laundering standards is the latest in a series of measures Japan has taken in recent months to improve its cryptocurrency regulation.

FCA green lights Revolut, making no UK crypto firms operating under temporary status

Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March.

Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon

The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims.

Russia aims to use CBDC for international settlements with China: Report

Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year.

Nuclear and gas fastest growing energy sources for Bitcoin mining: Data

Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge.

California files order against Nexo interest account, says it’s 8th state to take action

The state Department of Financial Protection & Innovation says the crypto-interest account is an unqualified security; Nexo has limited the accounts since the BlockFi settlement with the SEC.

Terra co-founder Do Kwon says he's 'making zero effort to hide' following Interpol notice

Do Kwon told his more than one million Twitter followers that he had not seen his name on Interpol’s Red Notice list, but not all names are made available to the public.

ECB should have DLT wholesale settlements when the market wants it, official says

Executive board member Fabio Panetta says it would undermine financial stability if the ECB were unprepared to use distributed ledge technology, but that’s the best he can say for it.

Singapore strives to remain relevant amid regulatory tightening for retail investors

Singapore's largest bank expanded crypto trading for accredited investors only, aligned with financial authorities' views.

Pro-centralization Russian president grants citizenship to Edward Snowden: Report

The views of the NSA whistleblower, who has been in Russia since 2013, seemingly clash with those of President Vladimir Putin, who has often worked against promoting decentralization.

5 years of the ‘Top 10 Cryptos’ experiment and the lessons learned

“Index investing can be boring, but it saves you from the worst possible outcomes.”

Australian pilot CBDC test for eAUD to commence mid-2023: RBA White Paper

The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in Australia.

Kraken's incoming CEO: No plans to register with SEC

Dave Ripley says he doesn't see a reason to register with the SEC as an exchange because Kraken does not offer securities to users.

Blockchain firm sues Coinbase for $350M alleging patent infringement

The plaintiff, Veritaseum believes that other centralized and decentralized crypto exchanges may have also unlawfully used the patent to facilitate crypto payments, trading, and staking services.

1M Aussies will enter crypto over the next 12 months — Swyftx survey

The findings come from the Annual Australian Crypto Survey, commissioned by Australian crypto exchange Swyftx.

MiCA is already stifling stablecoin adoption in the EU

The Markets in Crypto-Assets framework stands to get in the way of Circle's Euro Coin and other digital assets. Policymakers should revise the proposal.

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