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Crypto

Jakarta (Abdul Azis/Getty Images)
Policy
Regulations
Indonesia Delays Crypto-Stock Exchange Launch Again, This Time Until June: Report
The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.
Jakarta (Abdul Azis/Getty Images)
By Sandali Handagama
Feb 3, 2023 at 10:46 a.m. UTC
Feb 3, 2023
RegulationsIndonesiaCryptoCommoditiesStock Exchange
Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)
Policy
Regulations
India Reveals IMF Is Working With G-20 for Crypto Regulations
Ajay Seth, secretary, Department of Economic Affairs, said crypto assets are not illegal in the country.
Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)
By Amitoj Singh
Feb 3, 2023 at 7:50 a.m. UTC
Feb 3, 2023
RegulationsIndiaCryptoIMFG20
CeFi investments dropped off in January. (CoinDesk)
Finance
Venture capital
Crypto Winter Led to 91% Plunge in VC and Other Investments for January
A CoinDesk analysis shows crypto startups only raised $548 million last month. The FTX failure’s full impact on industry fundraising likely remains to be seen.
CeFi investments dropped off in January. (CoinDesk)
By Brandy Betz
Feb 2, 2023 at 8:09 p.m. UTC
Feb 2, 2023
Venture CapitalExclusive FundingFunding RoundsCrypto
(Yoshiyoshi Hirokawa/Getty Images)
Policy
Uk
UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad Approvals
But the country’s financial watchdog says it will “take a consistent approach to that taken for other high-risk investments,” when the time comes to set up enforcement rules.
(Yoshiyoshi Hirokawa/Getty Images)
By Camomile Shumba
Feb 2, 2023 at 3:22 p.m. UTC
Feb 2, 2023
UKPolicyCryptoAds
(Shutterstock)
Finance
Banking
Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services
LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank.
(Shutterstock)
By Elizabeth Napolitano
Feb 1, 2023 at 8:43 p.m. UTC
Feb 1, 2023
bankingacquisitionFDICCrypto
(Shutterstock)
Finance
Fraud
My Big Coin Founder Gets 8-Year Jail Sentence for Fraud
Randall Crater, 52, was convicted in July of defrauding investors of more than $6 million.
(Shutterstock)
By Sheldon Reback
Feb 1, 2023 at 9:38 a.m. UTC
Feb 1, 2023
FraudUnited StatesCryptoLegal
Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)
Policy
Regulations
India's Crypto Tax Amendment Could Punish Evaders With Jail Time, Attorneys Say
In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector.
Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)
By Amitoj Singh
Feb 1, 2023 at 7:02 a.m. UTC
Feb 1, 2023
RegulationsIndiaCryptotaxesDigital AssetNirmala Sitharaman
(Unsplash)
Policy
Regulations
UK Finance Ministry to Propose Broad Rules for Crypto, Invites Industry Feedback
The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes.
(Unsplash)
By Camomile Shumba
Jan 31, 2023 at 10:30 p.m. UTC
Jan 31, 2023
RegulationsCryptoUK