Korean crypto exchange numbers fall 26% due to unclear regulations, bank access: report
A wave of closures has hit South Korean crypto exchanges, with smaller firms exiting the market as regulatory compliance and banking access remain hurdles. South Korea‘s crypto exchange market is getting smaller, as new government data shows the number of registered virtual asset service providers has dropped since last year. A Feb. 7 report from […]
India takes cue from US, re-examines crypto regulations
India is reevaluating its cryptocurrency stance in response to changing global attitudes. Economic Affairs Secretary Ajay Seth told Reuters that India’s review considers the changing positions of multiple jurisdictions regarding cryptocurrency usage and acceptance. This reassessment has delayed the release of a cryptocurrency discussion paper originally scheduled for September 2024. “More than one or two […]
UK Treasury confirms crypto staking falls outside collective investment scheme regulations
Staking will not be considered a collective investment scheme in the United Kingdom, according to a recent amendment by the U.K. Treasury. U.K. Authorities have updated a section of the Financial Services and Markets Act 2000, which regulates financial markets in the U.K., to clarify that crypto staking is not a “collective investment scheme.” Staking […]
China continues to tighten crypto regulations. Do other countries take notes?
On the eve of 2025, the Chinese government released new laws heavily hurdling cryptocurrency circulation in mainland China. This was by far not the first attack on crypto by China. Is China a role model for other governments that don’t want crypto in their countries? New legal attacks on crypto in China On Dec. 31, […]
High-growth economies lead the way in crypto regulations
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the United States is often seen as a leader in both financial and technological advancement, it has clearly struggled in recent years to establish clear (and consistent) crypto regulation frameworks. This […]
Ukraine set to legalize crypto by 2025 under strict regulations
Ukraine plans to legalize cryptocurrencies by early 2025, applying standard taxation rules without offering tax incentives. Source link
