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Zipmex gets 3 month protection in Singapore amid halted withdrawals

Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.

Crypto needs ‘enabling environment,’ Philippines central bank says

The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender.

Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption

Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional inflows.

AML and KYC: A catalyst for mainstream crypto adoption

One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools.

Countries where Bitcoin (BTC) is legal

Read this article to know why El Salvador and the Central African Republic (CAR) have adopted Bitcoin as a legal tender.

Metaverse still not ready for virtual weddings and legal proceedings

Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues.

Talking with Eva Kaili, VP of the European Parliament, on MiCA regulation

The vice president of the European Parliament shares her perspective on the European Union’s Markets in Crypto-Assets legislation and how it would affect the industry.

Indian authorities freeze more crypto funds over money laundering allegations

The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country.

Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

The national regulator urges the industry players to comply with the local legislation.

Russia plans to roll out digital ruble across all banks in 2024

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.

Built to fall? As the CBDC sun rises, stablecoins may catch a shadow

Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?

S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors.

Dutch authorities arrest suspected Tornado Cash developer

The Dutch Fiscal Information and Investigation Service doesn't rule out multiple arrests in its ongoing criminal investigation against the crypto mixer Tornado Cash.

ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors

Australia's financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors.

DeFi platform Oasis to block wallet addresses deemed at-risk

Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high risk wallets.

UNCTAD takes aim at crypto in developing world in a series of critical policy briefs

The UN organization is urging countries with emerging economies to implement regulation to head off the potentially destabilizing influence of cryptocurrency.

Robinhood to face class action lawsuit from meme stock debacle: Report

It's been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks.

Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.

South Korea's financial watchdog wants to 'quickly' review crypto legislation: Report

The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection and market stability" on bills proposed.

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