Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city looks to revert to its former cryptocurrency-friendly stance. Stablecoin...
John Reed Stark, the former U.S. SEC official, is defending the SEC’s efforts to bring enforcement regulations in the crypto industry. Blasting the “bogus” catchphrase The former SEC official has condemned “cryptocurrency lobbyists” for saying that SEC’s measures to regulate the crypto industry...
Thailand’s Securities and Exchange Commission is looking into Zipmex’s local branch over its earn program due to suspicions that appear to include how the business represented the interest payments it made. According to the letter sent by Thai regulators and addressed to Zipmex’s...
South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into...