India’s Crypto Discussion Paper on Hold Due to Other Priorities
India’s planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.
Policy
The DPRK’s Deep Roots in Crypto
Last week, CoinDesk’s Sam Kessler reported that developers and IT workers employed by the Democratic People’s Republic of Korea – i.e. North Korea – had managed to get themselves hired by a number of crypto projects, giving them two different ways of raising funds for the national regime.
Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC
HKVAX is the latest exchange to receive approval.
Delaware Judge Approves FTX Estate’s Bankruptcy Plan
A U.S. court approved FTX’s bankruptcy plan on Monday, which will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some.
UAE Exempts Crypto Transactions From Value Added Tax
The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority.
HBO Is Joining Search for Bitcoin’s Satoshi. Past Attempts Haven’t Turned Out Great.
HBO says it knows who Satoshi is.
Coinbase to Delist Unauthorized Stablecoins in EU by December
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021.
CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.
Australia’s Police Confiscates Crypto Worth $6.4M in Crackdown on ‘Ghost’ Messaging App
Australia’s police has confiscated $6.4 million in cryptocurrency as part of a global crackdown on Ghost, an encrypted communications network, authorities allege was “built solely for the criminal underworld,” a statement said.