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Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
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Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
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Tamil Nadu DGP Unveils ‘Handbook for Investigations into Virtual Digital Assets’: All Details
Tamil Nadu’s Director General of Police, Shankar Jiwal, has unveiled a guide for police officials on how to investigate crypto-related crimes. The handbook contains industry insights on crypto crimes like money laundering, ponzi schemes, and cyber fraud. It also covers key legal provisions around crypto and Web3. Â
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GainBitcoin Scam: CBI Seizes Cryptocurrencies Worth Rs. 23.94 Crore
The Central Bureau of Investigation (CBI) said it seized significant incriminating evidence and virtual digital assets, unravelling the extent of the cryptocurrency fraud following nationwide searches conducted on February 25-26 in connection with the GainBitcoin scam cases.
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Tether Inks MoU With Republic of Guinea to Boost Blockchain Adoption
In an announcement released on February 17, Tether said it will work with Guinea to ensure that its engagement with blockchain and virtual digital assets (VDAs) is facilitated safely. A key area of focus for Guinea’s partnership with Tether will be on growing blockchain expertise in the country.
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Dubai’s Crypto Regulator Alerts Investors on New Memecoins Flooding MarketÂ
The Virtual Assets Regulatory Authority (VARA) of Dubai has strictly asked the city’s investor community to be cautious while engaging with memecoins, calling them ‘highly speculative’ assets.Â
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Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
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South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset MarketÂ
South Korea's FSC shared a document that states that around 3,500 listed companies and corporations have registered as professional investors under the Capital Market Act. As part of the roadmap, select institutional investors will be permitted to open real name trading accounts for VDA participation.
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RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
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BoA Chief Predicts Banks Will Go Bullish on Crypto Once Rules Are More Defined Under TrumpÂ
Brian Moynihan, the CEO of BoA, said in a CNBC interview Tuesday that once the crypto rules were more defined, virtual assets could be classified as real fintech tools that could be integrated into existing businesses.
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Tether Set to Relocate Head Office to Crypto-Friendly El Salvador
Tether has decided to move its headquarters from the British Virgin Islands to El Salvador, The development comes after Tether recently acquired the licence of a virtual asset service provider (VASP) there.
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Explained: BWA’s ‘Cybersecurity and Fair-Trading Guidelines’ for VASPs in India
This week, the Bharat Web3 Association (BWA)Â introduced two comprehensive guidelines aimed at providing clear direction to industry participants on ensuring secure and equitable service delivery for customers. These guidelines primarily target Virtual Asset Service Providers (VASPs).
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Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU's AMLD5
The Central Bank of Ireland has granted the licence of a Virtual Asset Service Provider (VASP) to the HashKey exchange, giving it legal permissions to offer a variety of crypto-related services in the country.
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Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance
While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless.Â
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
Hong Kong Passes stablecoin Bill, One Step Closer to Issuance
A stablecoin bill was passed in Hong Kong on Wednesday. Christopher Hui, the city's secretary for financial services and the treasury, said this step laid a solid foundation for Hong Kong's virtual asset market.
-
Dubai's VARA Sets June 19 Deadline for Crypto Firms to Comply With Updated Activity-Based Rulebooks
Dubai's Virtual Assets Regulatory Authority (VARA) introduced changes to its crypto policies aiming to increase risk oversight and ensure investor security. The policy changes focuses on deploying more control around margin trading and token distribution services among others.
-
Tamil Nadu DGP Unveils ‘Handbook for Investigations into Virtual Digital Assets’: All Details
Tamil Nadu’s Director General of Police, Shankar Jiwal, has unveiled a guide for police officials on how to investigate crypto-related crimes. The handbook contains industry insights on crypto crimes like money laundering, ponzi schemes, and cyber fraud. It also covers key legal provisions around crypto and Web3. Â
-
GainBitcoin Scam: CBI Seizes Cryptocurrencies Worth Rs. 23.94 Crore
The Central Bureau of Investigation (CBI) said it seized significant incriminating evidence and virtual digital assets, unravelling the extent of the cryptocurrency fraud following nationwide searches conducted on February 25-26 in connection with the GainBitcoin scam cases.
-
Tether Inks MoU With Republic of Guinea to Boost Blockchain Adoption
In an announcement released on February 17, Tether said it will work with Guinea to ensure that its engagement with blockchain and virtual digital assets (VDAs) is facilitated safely. A key area of focus for Guinea’s partnership with Tether will be on growing blockchain expertise in the country.
-
Dubai’s Crypto Regulator Alerts Investors on New Memecoins Flooding MarketÂ
The Virtual Assets Regulatory Authority (VARA) of Dubai has strictly asked the city’s investor community to be cautious while engaging with memecoins, calling them ‘highly speculative’ assets.Â
-
Income Tax Bill 2025 Clarifies Virtual Digital Asset Definition, Includes NFTs: Key Details
The Income Tax Bill 2025 classifies any cryptographically generated code, number, or token representing inherent value as part of the country's VDA ecosystem.
-
South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset MarketÂ
South Korea's FSC shared a document that states that around 3,500 listed companies and corporations have registered as professional investors under the Capital Market Act. As part of the roadmap, select institutional investors will be permitted to open real name trading accounts for VDA participation.
-
RBI Governor Says Crypto Discussion Paper Will Clarify India’s Stance on Virtual Assets; Industry Reacts
RBI Governor Sanjay Malhotra stated that the upcoming crypto discussion paper, being prepared under the Finance Ministry’s oversight, will provide clarity on the future of crypto assets in India. However, he did not specify a timeline for its release.
-
BoA Chief Predicts Banks Will Go Bullish on Crypto Once Rules Are More Defined Under TrumpÂ
Brian Moynihan, the CEO of BoA, said in a CNBC interview Tuesday that once the crypto rules were more defined, virtual assets could be classified as real fintech tools that could be integrated into existing businesses.
-
Tether Set to Relocate Head Office to Crypto-Friendly El Salvador
Tether has decided to move its headquarters from the British Virgin Islands to El Salvador, The development comes after Tether recently acquired the licence of a virtual asset service provider (VASP) there.
-
Explained: BWA’s ‘Cybersecurity and Fair-Trading Guidelines’ for VASPs in India
This week, the Bharat Web3 Association (BWA)Â introduced two comprehensive guidelines aimed at providing clear direction to industry participants on ensuring secure and equitable service delivery for customers. These guidelines primarily target Virtual Asset Service Providers (VASPs).
-
Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU's AMLD5
The Central Bank of Ireland has granted the licence of a Virtual Asset Service Provider (VASP) to the HashKey exchange, giving it legal permissions to offer a variety of crypto-related services in the country.
-
Government Has No Specific Timeline to Finalise Virtual Digital Assets Regulation: MoS Finance
While answering a question on crypto regulation in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said that virtual digital assets (like cryptocurrency) are borderless.Â
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
