Latest from Sandali Handagama
Israel's Markets Regulator Grants First Crypto License to Private Company: Report
Hybrid Bridge Holdings is the first company to receive a permanent license from the country's capital markets authority to engage in crypto-related business activities, Globes reported.
South Korea Is Gearing Up to Institutionalize Security Tokens
The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022.
Thailand Toughens Crypto Ad Rules
The rules now require crypto operators to display clear risk warnings on ads and prohibit the inclusion of false or exaggerated information about companies.
Thai SEC Fines Bitkub Executive $235K for Insider Trading
Last week, the country’s oldest commercial bank backed out of a deal to buy a majority stake of the local crypto exchange, citing unresolved regulatory issues.
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.
Singapore's Central Bank Wants to Foster Digital Assets, Restrict Crypto Speculation
The head of the Monetary Authority of Singapore insists this stance is "synergistic" and says price speculation is the source of the crypto world's problems.
Japan Looks at Corporate Crypto Tax Breaks to Entice Startups: Report
Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains.
Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped, citing problems and scams.
Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor
While making a case for digital euro, Bank of Finland Governor Olli Rehn said central bank digital currencies won't be subject to the price volatility of private cryptos.
Crypto Exchange Coinbase Faces Class Action Lawsuit Over Alleged Lapses in Security
A class action lawsuit filed in a federal court in Georgia alleges the crypto exchange failed to secure users' accounts against theft and hacks, and seeks damages upwards of $5 million.