Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed...Read more »

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate...Read more »

Nigerian Agency Refuses Blockchain Start-Up Application — Says Tech Not Recognized by Government

Nigeria’s company registration agency, the Corporate Affairs Commission (CAC), reportedly rejected an application for registration by a start-up on the basis that blockchain is yet to be recognized by the Nigerian government....Read more »

Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies

Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,”...Read more »

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued...Read more »

Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions

Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto...Read more »

Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations

The deadline for cryptocurrency exchanges to meet the requirements to continue operations under new crypto regulations in South Korea is rapidly approaching. A total of 28 cryptocurrency exchanges have reportedly been cleared...Read more »

US Senator Requests Government Agencies Step Up Efforts to Prosecute Criminal Use of Cryptocurrencies

U.S. Senator Margaret Hassan has requested that government agencies take “additional targeted steps to prevent and prosecute the use of cryptocurrency for criminal purposes.” She expressed her concern over “the rise in...Read more »

Korean Government Creates Dedicated Division to Oversee Crypto Transactions

South Korea’s top financial regulator, the Financial Services Commission (FSC), is establishing a dedicated division to oversee cryptocurrency transactions. South Korea Increasing Efforts to Regulate Crypto Industry South Korea’s Financial Services Commission...Read more »

Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets

President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a...Read more »