A government document prepared in September 2025 and seen by Reuters reveals that India does not intend to create a full legislative framework for regulating cryptocurrencies, opting instead to maintain its current partial oversight approach. The document states that regulating crypto would grant the sector legitimacy and could cause it
South Korea's Ministry of SMEs and Startups approved on 11 September 2025 a partial revision to the Enforcement Decree of the Venture Business Act, allowing cryptocurrency businesses to register as venture companies from 16 September 2025. The decision reverses a ban in place since October 2018 that excluded
California Democratic Senator Adam Schiff introduced bill S.2143, titled the Public Officials Income Limitation and No-Gain Act, on June 18, 2025, which would prohibit federal officials from promoting or profiting from cryptocurrency projects during their term of office. The legislation would specifically bar elected officials, high-ranking executive branch officials,
Turkey's Finance Minister Mehmet Şimşek announced on June 24, 2025, that the country is implementing new measures to regulate cryptocurrency transactions, specifically targeting the laundering of criminal proceeds from illegal betting and fraud. According to information published by the state-owned Anadolu news agency and shared by the minister,
Financial Stability Board Chair Klaas Knot warned on June 12th in Madrid that whilst the FSB has long maintained that crypto does not yet pose a systemic risk, recent developments suggest we may be approaching a tipping point. Knot highlighted that barriers for retail users have dropped significantly, particularly with
UK Finance Minister Rachel Reeves announced on April 29, 2025, that the country will bring cryptocurrencies under compulsory regulation, closely aligning its approach with the United States. The draft legislation aims to bring crypto exchanges, dealers and agents into the regulatory perimeter, as 12% of British adults now own or
Kenya's Treasury published the country's first comprehensive cryptocurrency regulatory legislation, the Virtual Asset Service Providers Bill (VASP Bill 2025), on May 8, 2025, which would mandate registration for crypto service providers and grant strict oversight powers to the Capital Markets Authority (CMA). The primary aims of
Paul Atkins was confirmed as the new chairman of the US Securities and Exchange Commission (SEC) on April 9 with a 52-44 Senate vote, signaling a significant shift toward a crypto-friendly regulatory approach. Atkins' appointment is particularly significant for the crypto community. He previously held a $5 million stake
The uncertain terrain of cryptocurrency regulation continues to present substantial legal challenges for market participants. India’s National Consumer Disputes Redressal Commission (NCDRC) has dismissed a $234 million (approximately 20,000 million Indian rupees) claim against WazirX, explicitly citing the absence of a legal framework for cryptocurrencies. Concurrently, on 25
The Investment and Securities Act (ISA) 2025, signed into law by Nigerian President Bola Tinubu in early April 2025, formally recognises cryptocurrencies and digital assets as securities, ushering in a new regulatory era for Africa’s largest economy. This historic step resolves over a decade of uncertainty surrounding the legal
