The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.
Planned demands for information on the crypto exchange’s dealings would duplicate the work of the independent examiner who has yet to be appointed, the US Trustee said
India has officially revealed details of the ongoing work in the G-20 around how to regulate crypto.
The Australian government released a token mapping consultation paper on Friday.
But that shouldn’t disqualify blockchain technology, and regulators should steer clear of extreme measures, the former governor of India’s central bank told CoinDesk in Davos.
The industry has largely welcomed plans that could cover crypto lending and NFTs, and force foreign companies to register and set up in the country.
As crypto comes within the regulatory fold, there will be disputes over rules, procedures and jurisdiction – and the relatively compliant may end up bearing the brunt of regulators’ wrath.
A new law in Indonesia not only changes the crypto regulatory environment, it could also broaden the industry’s development in the country.
The World Economic Forum's annual meeting wrapped up with a fiery panel on the role of regulators in crypto, plus more from Davos, Switzerland.