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South Korean Lawmaker Wants To Criminalize Crypto Market Manipulation


A South Korean MP has announced the creation of a draft private members’ bill that seeks to criminalize crypto market manipulation. Per News1, the measure is the brainchild of the opposition People Power Party MP Lee Ju-hwan, who has criticized architects of the existing legal framework for being...

More Crypto Regulation Coming in Russia and Beyond, Warns Key Lawmaker


Russian politicians have issued another grim-sounding warning about forthcoming crypto regulations, hinting that 2021 may have some less-than-welcome surprises in store for the nation’s crypto community – as well as crypto enthusiasts based overseas. Per a report from radio station Govorit Moskva...

Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’


The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system. The comments were made by the head of the parliamentary...

US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians


The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....

Indian Crypto Community Gathers to Dispel Confusion About Regulation


As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India...

Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’


Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where...

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