Regulation

Indonesia handover digital currency oversight to financial watchdog
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8 January, 2025

Indonesia handover digital currency oversight to financial watchdog

A new law adopted by Indonesia’s parliament mandates the Trade Ministry to hand over digital currency oversight to the Financial...
Nigeria: SEC says some VASP applicants don’t meet requirements
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7 January, 2025

Nigeria: SEC says some VASP applicants don’t meet requirements

Nigeria SEC chair says the agency will disqualify some VASP applicants as they have not met its standards, even as...
China targets digital asset transactions with stricter forex laws
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7 January, 2025

China targets digital asset transactions with stricter forex laws

China’s forex regulator has demanded that banks flag any risky trade, including those related to ‘crypto’ as it intensifies its...
Turkey steps up ‘crypto’ AML rules; Malaysia targets Bybit
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6 January, 2025

Turkey steps up ‘crypto’ AML rules; Malaysia targets Bybit

Malaysia has added Atomic Wallet to its list of unauthorized operators and ordered Bybit to halt operations for operating without...
China stresses digital asset regulation in financial stability report
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6 January, 2025

China stresses digital asset regulation in financial stability report

In its annual Financial Stability Report, PBOC said that 51 jurisdictions globally issued restrictions on digital assets while noting that...
Tether’s redemptions soar as EU stablecoin rules take effect
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3 January, 2025

Tether’s redemptions soar as EU stablecoin rules take effect

January 1 marked the official launch of the EU’s MiCA regulations, preceded by nearly $4 billion in redemptions of USDT—Tether’s...
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