Australia’s financial watchdog, the Australian Securities and Investments Commission (ASIC), has imposed a 10-year ban on Glenda Maree Rogan, a former financial adviser, after alleging she channelled $9.6 million of her clients’ funds into a cryptocurrency scam. Source: ASIC...
Singapore’s Monetary Authority (MAS) has issued a final directive requiring all cryptocurrency exchanges operating without a license to cease operations by June 30. The mandate marks a firm regulatory stance aimed at enforcing compliance under the Payment Services Act,...
The Czech Republic’s government has appointed Eva Decroix as the new justice minister, replacing Pavel Blažek following a political scandal involving a controversial Bitcoin donation worth approximately $45 million. The decision, announced by Prime Minister Petr Fiala on Tuesday,...
Japan’s House of Councillors, the Upper Chamber of the country's parliament, has approved a significant amendment to the Payment Services Act, paving the way for sweeping reforms in the country’s cryptocurrency brokerage sector. This move is expected to lower...
The U.S. Securities and Exchange Commission (SEC) has clarified that protocol staking activities on proof-of-stake (PoS) blockchains typically do not fall under the jurisdiction of securities laws. This guidance, issued by the SEC’s Division of Corporation Finance on May...
President Donald Trump has signed a bipartisan bill to combat the misuse of deepfake technology and online exploitation. The legislation, known as the DEEPFAKES Accountability Act, targets the malicious creation and distribution of synthetic media that can deceive or...
Magic Compass Group (MC Group) has secured an important regulatory upgrade from Hong Kong’s Securities and Futures Commission (SFC), expanding its Type 1 license to cover virtual asset trading. This move officially places the firm in the growing crypto...
Franklin Templeton has recently received regulatory approval from the Monetary Authority of Singapore to launch its first tokenized fund in the country. According to a report by Tech in Asia, this fund will be accessible to retail investors with...
Indonesia’s Ministry of Communication and Digital (Komdigi) has temporarily revoked the registration certificate of World Network, formerly known as Worldcoin, along with its WorldID services, following a surge of public complaints over allegedly suspicious activities linked to the platforms....
Starting in June 2025, South Korea's financial authorities will permit non-profit organizations and cryptocurrency exchanges to engage in unrestricted cryptocurrency trading. This regulatory update aims to enhance transparency and promote growth in the nation's digital asset sector. The Financial...
