Australian regulators are gearing up to implement new legislation mandating that cryptocurrency exchanges obtain financial services licenses. This development marks a significant shift in how digital currency exchanges will be governed in Australia, expanding beyond existing regulations specific to digital currencies.
Read MoreThe Russian Senate has passed a landmark bill on cryptocurrency mining, paving the way for it to become law pending President Vladimir Putin's signature.
Read MoreSouth Korea is implementing a new regulatory measure aimed at cryptocurrency operators in the country. Effective July 19, the Financial Services Commission (FSC) introduced the ‘Virtual Asset User Protection Act,’ which mandates a supervisory fee based on the operating revenue of South Korean crypto exchanges.
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