The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.
Hong Kong Starts New Phase of CBDC Testing
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
Crypto.com to Appeal $3.1M Fine by Dutch Regulator for Operating Without Registration
The Dutch central bank announced the fine was imposed for non-compliance before the company registered with the regulator.
EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.
Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes.
Craig Wright ‘Committed Perjury’ in U.K. Trial Over Satoshi Claims, COPA Says
The Crypto Open Patent Alliance said it will ask U.K. prosecutors to consider pursuing Wright for “perjury” over his defense of forgery allegations.
EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
The laws are to ensure sanctions rules are applied uniformly across the EU’s 27 member states.
Hong Kong’s Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a “genuine interest in developing a stablecoin issuance business” to join the sandbox.
Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.
Do Kwon Can Be Extradited to South Korea, Montenegrin Court Rules: Reports
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead.
Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court
Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.
Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails
He’s set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored.
Binance Nigeria Moved $26B Worth of Untraceable Funds in 2023, Central Bank Chief Says: Reports
The country’s facing a crippling foreign exchange crisis and looking for ways to limit capital outflows, including via crypto.
Craig Wright’s Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up
The emails were disclosed by Wright’s counsel after COPA’s expert witness Patrick Madden spent a tense day on the stand.
Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
Coinbase Pushes Back on Reports It’s Blocked in Nigeria
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Bitcoin ETF Approval Comparable to ‘Naked Emperor’s New Clothes,’ ECB Officials Say
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn’t make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial
Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto.
Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source
An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.
Craig Wright Blasts ‘Experts’ Who ‘Cannot Verify Their Work’ at Trial Over Satoshi Claims
On Tuesday, he once again faced questions about a public blog post he’d signed cryptographically to prove he was Bitcoin inventor Satoshi Nakamoto that experts have since debunked.