Crypto Regulation

India crypto regulation

India’s Economic Advisor Calls for Balanced Crypto Regulation

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India’s Chief Economic Advisor, V. Anantha Nageswaran, has urged regulators to encourage innovation in the cryptocurrency sector while ensuring transparency and accountability. Speaking at the Global Economic Policy Forum 2024, Nageswaran emphasized the importance of not hindering advancements in emerging technologies like crypto and Bitcoin. Encouraging Innovation, Balancing Societal Needs “Regulators must not stand in …

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South Korea Tightens Regulations on Illegal Crypto Activities

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South Korea has significantly increased its regulatory efforts in the cryptocurrency space, particularly following the implementation of the Virtual Asset User Protection Act in July 2024. This new act was designed to protect investors and enforce operational transparency among crypto exchanges. The Financial Supervisory Service (FSS) has been conducting thorough inspections of cryptocurrency platforms to …

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