Regulation
Why We’re Shutting Our Successful Fundraising Platform
Berlin-based Neufund had a viable security token business built on Ethereum. Regulatory uncertainty is forcing it to close down.

India’s Central Bank Creates Fintech Department That Will Address CBDC
The bank is working on a digital currency, and parliament is set to consider crypto regulations.

Industry Body for Indian Startups Seeks Crypto Rules
The group wants Parliament to provide more clarity on tax issues in its upcoming budget session.

A16z Publishes Web 3 Policy Proposal for World Leaders
The venture capital firm has already spoken with “key leaders on every populated continent,” according to a16z’s Global Head of Policy Tomicah Tillemann.

Users of Hong Kong Crypto Exchange Coinsuper Say They Cannot Withdraw Funds
Crypto exchange regulation is central to Hong Kong’s regime, which is still under development.

NYDFS Hires New Deputy Superintendent of Virtual Currency
Peter Marton will join the regulator’s research and innovation group, with a special focus on digital currencies and blockchain.

CoinFund Exec. on 2022 Outlook, Metaverse and More
CoinFund Head of Liquid Investments and Managing Partner Seth Ginns discusses the current state of the crypto market by highlighting the impact of the Omicron variant and other macro factors. Plus, he shares his regulatory outlook for 2022 as growing bipartisan support for cryptocurrency becomes apparent and why CoinFund is helping fund the Metaversal project.

UK’s Advertising Regulator Bans 2 Crypto.com Ads
The ads were deemed to be “misleading” and “irresponsible.”

European Markets Regulator Seeks Feedback on Regulation of Tokenized Securities
ESMA wants to explore whether existing regulatory standards need to be amended.

Half a Dozen of India’s Crypto Exchanges Searched After Alleged Rupee 700M Tax Evasion Detected: Sources
The sources said the searches were initiated after a Mumbai tax authority recovered funds from crypto exchange WazirX.

