Hungary crypto policy moved in a less restrictive direction after parliament repealed a validator requirement for certain conversions and CoinCash secured authorization under the European Union’s Markets in Crypto-Assets framework. The repeal removes an additional transaction-level approval step that had…
Will Australia Senate Back New Crypto Rules for Firms Now?
The australia senate has released a committee report supporting new laws to bring digital-asset platforms and custody providers under the country’s existing financial-services system. The findings from the Senate Economics Legislation Committee endorse a bill that would extend established licensing,…
Will South Korea tighten crypto rules after $40bn Bithumb slip?
South Korea is moving toward stricter oversight of digital assets after a major mishap at local cryptocurrency exchange Bithumb exposed weaknesses in trading systems and regulatory safeguards. The Financial Supervisory Service (FSS) and other authorities are using the incident, which involved an…