Regulation
Indonesia’s Religious Leaders Declare Crypto Illegal for Muslims: Report
Crypto could be traded as a commodity if it abides by Shariah law and demonstrates a clear benefit.
MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report
The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.
Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says
The minister and local mining industry see renewables as a solution to Kazakhstan’s energy woes.
Huobi Global to Expel Singapore Users, Citing Local Regulations
The exchange is looking to expand overseas to make up for lost Chinese users.
What FATF’s Latest Guidance Means for DeFi, Stablecoins and Self-Hosted Wallets
Launching a truly “global” stablecoin is likely to get more difficult in the coming year as a result of the guidance, which advises regulators to keep such projects on a short leash.
‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu
“There is some risk that folks who are least able to bear it lose their money,” the acting comptroller of the currency warned on CoinDesk TV Monday.
US Stablecoin Report Gets Mixed Reviews From Crypto Industry
Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.
Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
The law approved by the country’s parliament would make financial monitoring a requirement for digital asset platforms.
S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
Seoul will follow FATF guidance on the matter of NFTs and its regulation.
