Regulations

Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)

Policy

South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report

Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.

Authorities in South Korea have reportedly arrested three people tied to a forex probe involving crypto. (Catherine Falls Commercial/Getty Images)

By Sandali Handagama

Aug 11, 2022 at 12:51 p.m. UTC

Aug 11, 2022

RegulationsSouth KoreaBitcoinCryptoInvestigation

South Korea's top financial watchdog promised to accelerate new crypto rules at a National Assembly meeting in Seoul on Thursday. (efired/Getty Images)

Policy

South Korea's Financial Watchdog to Expedite New Crypto Rules: Report

Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.

South Korea's top financial watchdog promised to accelerate new crypto rules at a National Assembly meeting in Seoul on Thursday. (efired/Getty Images)

By Sandali Handagama

Aug 11, 2022 at 10:55 a.m. UTC

Aug 11, 2022

RegulationsSouth KoreaPolicyTerra

India's Enforcement Directorate (ED) is investigating at least 10 Indian exchanges. (Laurentiu Morariu/Unsplash)

Policy

India Regulator Probes at Least 10 Crypto Exchanges on Money Laundering Allegations: Report

The Enforcement Directorate believes approximately 1000 crore rupees ($130 million) could have been laundered in the case.

India's Enforcement Directorate (ED) is investigating at least 10 Indian exchanges. (Laurentiu Morariu/Unsplash)

By Amitoj Singh

Aug 11, 2022 at 10:34 a.m. UTC

Aug 11, 2022

RegulationsChinaIndiaScams

Distributed ledger technology could offer more direct access to financial markets, according to EU lawmakers hoping to trial this theory in the coming months. (Alistair Berg/Getty Images)

Policy

Bye-bye Brokers: EU Tries Stock Trading, the Web3 Way

A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CoinDesk was told – but some worry it’s overcautious and rigid.

Distributed ledger technology could offer more direct access to financial markets, according to EU lawmakers hoping to trial this theory in the coming months. (Alistair Berg/Getty Images)

By Jack Schickler

Aug 10, 2022 at 9:10 p.m. UTC

Aug 10, 2022

RegulationsEUSecuritiesEuropean CommissionDistributed Ledger TechnologyStock MarketBonds

U.S. Senators Elizabeth Warren and Bernie Sanders (Scott Olson/Getty Images)

Policy

US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance

The lawmakers also asked a series of questions about how many banks are currently involved in crypto.

U.S. Senators Elizabeth Warren and Bernie Sanders (Scott Olson/Getty Images)

By Nikhilesh De

Aug 10, 2022 at 5:19 p.m. UTC

Aug 10, 2022

RegulationsOCCMichael HsuElizabeth WarrenBernie SandersBanking Regulation

NFT regulation was discussed at Korea Blockchain Week in Seoul. (Cheyenne Ligon)

Policy

NFT Collections Will Be Regulated Like Cryptocurrencies Under EU’s MiCA Law, Official Says

A carve-out for ownership tokens may prove narrow, meaning issuers have to publish white papers.

NFT regulation was discussed at Korea Blockchain Week in Seoul. (Cheyenne Ligon)

By Cheyenne Ligon Jack Schickler

Aug 10, 2022 at 4:25 p.m. UTC

Aug 10, 2022

RegulationsEUEuropean CommissionNFTsConsumer ProtectionWhite Papers

John Bolton (Melissa Sue Gerrits/Getty Images)

Policy

Crypto Payments Implicated in Alleged Bolton Assassination Plot, US DOJ Says

A member of Iran's Islamic Revolutionary Guard planned retribution against the former National Security Advisor, according to court documents.

John Bolton (Melissa Sue Gerrits/Getty Images)

By Jack Schickler

Aug 10, 2022 at 3:41 p.m. UTC

Aug 10, 2022

RegulationsIranCrimeUSDepartment of Justice

Korea Blockchain Week is taking place in Seoul, South Korea. (Ciaran O'Brien/Unsplash)

Policy

EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's

Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.

Korea Blockchain Week is taking place in Seoul, South Korea. (Ciaran O'Brien/Unsplash)

By Cheyenne Ligon

Aug 10, 2022 at 12:47 p.m. UTC

Aug 10, 2022

RegulationsSouth KoreaEuropean UnionEurope

CEO Brain Armstrong is among the defendants named in a new lawsuit. (Steven Ferdman/Getty Images)

Policy

Coinbase Executives Misled Shareholders About Public Listing, New Lawsuit Alleges

A Coinbase shareholder is seeking damages from nine company executives and board members on behalf of the exchange.

CEO Brain Armstrong is among the defendants named in a new lawsuit. (Steven Ferdman/Getty Images)

By Sandali Handagama

Aug 9, 2022 at 6:23 p.m. UTC

Aug 9, 2022

RegulationsCoinbaseLawsuitClass Action LawsuitSEC

The Bank of England in London (PeterRoe/Pixabay)

Policy

A Growing Metaverse Poses Systemic Risks Regulators Need to Recognize, BOE Researchers Say

If the metaverse grows, households could rely more on crypto and banks and financial institutions could have greater exposure, researchers said.

The Bank of England in London (PeterRoe/Pixabay)

By Camomile Shumba

Aug 9, 2022 at 5:06 p.m. UTC

Aug 9, 2022

RegulationsBank of EnglandMetaverseCrypto