
Regulation
Seoul seizes $22M from digital asset exchange accounts over back taxes
The Seoul metropolitan government said this week it had found and even seized such assets from over 600 "tax delinquents"—individuals...
US House approves bill establishing digital asset regulation working group
The bill calls for a jointly established digital asset regulation working group, composed of bot the SEC and the CFTC...
South Korea pledges crackdown on money laundering via digital currencies
The South Korean government is reportedly preparing to ramp up regulation against digital currency, in a bid to more readily...
People’s Bank of China: Bitcoin is an investment option, not a currency
Li Bo, the deputy PBoC governor, said the apex bank is satisfied with the current digital currency regulations in China,...
Nigeria SEC working with central bank to lift digital currency ban
The Securities and Exchange Commission acknowledged that a recent ban by the bank had disrupted Nigeria’s digital currency industry, while...
Turkey bans ‘risky and volatile’ digital currencies for payments
The central bank termed digital currencies as risky because “they are neither subject to any regulation and supervision mechanisms nor...
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