Malaysia revoked Network School's license, ordering the Balaji Srinivasan-founded digital nomad commune to cease operations July 22.
Domestic investors who trade crypto without going through a licensed service provider face fines of roughly $1,140 to $1,900.
The Japanese financial giant's recent crypto deals offer insights into how traditional finance is approaching digital assets.
Hong Kong SFC orders internet brokers, crypto platforms to replace OTP logins with passkeys within 12 months following 57% spoofing surge.
India's central bank called for banks to be barred from crypto exposure as it reiterated support for tighter restrictions on digital assets.
In July 2024, Chinese authorities discovered unusual transactions tied to a company that facilitated illegal overseas transfers via crypto.
The law requires crypto platforms to obtain licenses from the Financial Supervisory Commission before operating.
South Korea’s finance ministry said tokenized stocks are securities, opening potential taxation as early as H2 2026 if regulators agree.
The legislation is expected to take effect next year if approved by the upper house, the House of Councillors.
The Hong Kong Monetary Authority announced the formation of an expert group to advance the development of tokenized bonds.
The judge's remark builds on a February joint notice that broadened the country's crackdown on crypto-related activities.
Indonesia blocked Polymarket over online gambling concerns as regulators widen global scrutiny of prediction market platforms.
The petitioner said taxing cryptocurrency gains while abolishing taxes on traditional investments is unfair.
Kraken parent Payward secured preliminary VARA approval in Dubai, opening a pathway to expand regulated crypto services in the UAE.
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Crypto.com's UAE entity became the first VASP to receive a UAE central bank SVF license tied to Dubai government crypto payment services.
South Korea's financial watchdog issued the suspension in March, alongside a 36.8 billion won ($25 million) fine.
HSBC and Anchorpoint Financial both clarified that they have not launched any stablecoins in Hong Kong, but plan to do so this year.
South Korea's Ministry of Finance and Economy is launching a new pilot to substitute government expense credit cards with deposit tokens.
The State Bank of Pakistan ended a 2018 ban, allowing regulated entities to open accounts for licensed virtual asset service providers.
Crypto exchange Coinone has been fined $3.5 million and hit with a three-month partial suspension over AML violations in South Korea.
South Korea’s ruling party has also reportedly proposed banning yield on stablecoins, amid ongoing debate in the U.S.
Dubai’s VARA issued new rules mandating governance, disclosure and risk controls for VASPs offering crypto derivatives and exchange services.
Vietnam plans to restrict citizens from overseas crypto trading as banks and brokerages compete for new domestic licenses.
HKMA Chief Executive Eddie Yue said last month that the regulator had received 36 applications under the new framework.
Pakistan passed the Virtual Assets Act, establishing a statutory digital asset regulator and introducing criminal penalties nationwide.
If enacted, the limit would force most major exchanges in the country to undergo significant ownership restructuring.
Bank of Japan Governor Kazuo Ueda said a sandbox is underway to test whether central bank money can operate in blockchain-based systems.
Minister of Finance Koo Yun-cheol stated that the government will urgently review how public institutions manage seized cryptocurrencies.
Influencers would be required to reveal compensation tied to their recommendations, and the crypto assets they personally hold.