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UK Asks Crypto Exchanges To Report Suspected Sanction Breaches Amidst Russia's Invasion Of Ukraine
Exchanges
UK Asks Crypto Exchanges To Report Suspected Sanction Breaches Amidst Russia’s Invasion Of Ukraine

The UK Government expresses concerns that bitcoin and other crypto assets are being used to dodge restrictions imposed.

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South Korea Metaverse
NFTs
South Korea Is Preparing ‘Metaverse Industry Promotion Law’

It is not the first initiative South Korea have taken to establish a presence in the metaverse and web3 sector.
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Binance Freezes Russian Gunmaker’s Crypto Assets
Binance News
Binance Freezes Russian Gunmaker’s Crypto Assets

The Security Service of Ukraine has been blocking funds from crypto wallets aiding the Russian army.

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Thai SEC Fines Bitkub Blockchain Tech 8.5m Baht For Insider Trading
Regulations
Thai SEC Fines Bitkub Blockchain Tech 8.5m Baht for Insider Trading

Bitkub, a Thailand-based cryptocurrency exchange, has been fined 8.53 million Baht for insider trading.

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Japan's Financial Services Agency May Ease Crypto Tax
Regulations
Japan’s Financial Regulator Formally Proposes Crypto Tax Reduction

Japan’s Prime Minster Kishida seeks to double household wealth and support the country’s Web3-centered businesses.

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SEC Chair Gary Gensler To Testify In Front Of U.S. Senate Banking Committee
Regulations
SEC Chair Gary Gensler to Testify in Front of U.S. Senate Banking Committee

Gensler will be answering Senate Banking and Housing Democrat questions on 15th September 2022.
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El Salvador's Volcano Bonds Postponed Once Again Due to Bitcoin Dip
Bitcoin (BTC)
El Salvador’s Volcano Bonds Postponed Once Again Due To Bitcoin (BTC) Dip

The government and foreign investors are still counting on the Volcano bonds to erupt this year.
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Crypto.com Accidentally Transfers $10.5m Instead of $100, Takes Legal Action Against User After Discovery
Regulations
Crypto.com Accidentally Transfers $10.5m Instead of $100, Takes Legal Action Against User After Discovery

The sued party, Gangadory, has been ordered to pay Crypto.com $1.35m and interest of $27,369 and costs.

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Singapore High Court Grants Judicial Management To Hodlnaut
Regulations
Singapore High Court Grants Judicial Management To Hodlnaut

Hodlnaut gets relief as Singapore’s Court allows the financially distressed company to be restructured under court supervision.
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Sango Troubles - Central African Republic High Court Vetoes Crypto Citizenship
Regulations
Sango Troubles: Central African Republic High Court Vetoes Crypto Citizenship

The unprecedented crypto citizenship program encountered legal challenges from own court.
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SEC Slammed For 200 Lawsuits Against Crypto Assets Since 2017
Regulations
SEC Slammed for 200 Lawsuits Against Crypto Assets Since 2017

The U.S. Securities and Exchange Commission (SEC) continues to be criticised for its approach toward crypto companies and crypto assets.
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Singapore Contemplates Making Crypto Trading Difficult For Retail Investors
Regulations
Singapore Contemplates Making Crypto Trading Difficult for Retail Investors

Ravi Menon said the bank might add frictions on retail access to cryptocurrencies.
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Korea Lifts Ban On Issuance Of Crypto Through Initial Coin Offerings (ICO)
Regulations
Korea Lifts Ban on Issuance of Crypto Through Initial Coin Offerings (ICO)

The central bank of Korea aims to support small businesses by applying minimum regulations for user protection to utility tokens.

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U.S. Senatorial Candidate Bruce Fenton Publicly Supports Bitcoin
Bitcoin (BTC)
U.S. Senatorial Candidate Bruce Fenton Publicly Supports Bitcoin (BTC)

Fenton calls the US Dollar “a melting ice cube” while accepting donations in Bitcoin.
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Taliban Outlaws Crypto In Afghanistan, Cracks Down On Token Traders
Regulations
Taliban Outlaws Crypto in Afghanistan, Cracks Down on Token Traders

So far, 13 people have been arrested, and more than 20 crypto-related businesses have been shut down in Herat.

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Japan Considers Crypto Tax Reforms
Regulations
Japan Considers Crypto Tax Reforms

Crypto assets tax review for 2023 is being considered strongly in Japan to prevent the overseas outflow of crypto business.

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Asia Broadband Set To Launch Crypto Payment Solution In September 2022
Regulations
Asia Broadband Set to Launch Crypto Payment Solution in September 2022

AABB’s Mine-to-Token vertical integration operational approach strives toward complete independence from FIAT currency.
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Ripple's Investment Partner Tranglo Opens Payment Corridor To UAE
Regulations
Ripple’s (XRP) Investment Partner Tranglo Opens Payment Corridor to UAE

Tranglo said that Arab Gulf is a crucial region for the cross-border payments industry.
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Voyager Asks Court To Stop Investors' Lawsuit Against Its CEO And Mark Cuban
Regulations
Voyager Asks Court To Stop Investors’ Lawsuit Against Its CEO And Mark Cuban

The company is citing chapter 11 to halt the two lawsuits.

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U.S. Congressman Request an Explanation on Tornado Cash Sanctions
Regulations
U.S. Congressman Requests an Explanation on Tornado Cash Sanctions

The groundbreaking case of sanctioning a technology left many with more questions than answers.
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