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Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
9.8.2024
The small Central Asian country is currently taking public comments on its framework legislation
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
Indonesia Labels 501 Cryptocurrencies as Commodities, Paving the Way for Regional Adoption
26.6.2023
In contrast to the regulatory stance taken by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Supervisory Agency (CFTSA) of the Republic of Indonesia has officially labeled 501 cryptocurrencies as commodities. The list of these digital assets includes popular tokens...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
11.11.2022
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market....