Binance’s CZ Denied Permission to Travel by U.S. Judge for the Second Time
Zhao has requested permission to travel to the UAE, where his three children remain.
Policy
India’s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
The Bharat Web3 Association’s (BWA) Chairman wrote the letter to the Indian government on Dec. 16.
Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.
Terraform Labs’ LUNA and MIR Tokens are Securities, Judge Rules
A federal judge issued summary judgements siding with the SEC’s arguments that Terraform had illegally sold unregistered crypto securities.
Crypto Exchange Catalyx Suspends Trading, Withdrawals Following ‘Security Breach’
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance ‘Show Cause’ Notices
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.
Argentina’s Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings in Draft Bill
Crypto is captured in an asset-regularization regime included in a wide-ranging bill that’s facing mounting backlash from citizens.
Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown
The government wants to use the crypto bourse to make the ecosystem safer and gather transaction data for tax purposes.
Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage ‘Surge’
Pan-African exchange Yellow Card has said it will seek licensing in the country.
Elections, SEC Cases, DOJ Cases: What Crypto Regulation May Bring in 2024
The CoinDesk policy team is scattered throughout the world; in the final edition of this newsletter, each member explains what they’re watching in 2024 in the world of crypto regulations. Happy holidays, and we’ll see you next year!