Regulatory Policy

Focuses on global regulatory developments, policy changes, and compliance requirements. It provides in-depth analysis of government regulations and their impact on the cryptocurrency and blockchain industries, helping businesses and investors proactively manage policy-related risks.

Pakistan’s Crypto Push Could Make It A Global Leader By 2030, CZ Claims

According to Binance founder Changpeng "CZ" Zhao, Pakistan has the potential to become a leading global crypto hub by 2030 if it maintains its current pace of regulatory development and adoption. CZ made these remarks during a discussion with Bilal bin Saqib, head of the Pakistan Crypto Council. The country has established the Pakistan Virtual Assets Regulatory Authority (PVARA), which has issued preliminary approvals to global exchanges like Binance and HTX to operate locally. Pakistan is also drafting a Virtual Assets Act and forming a Crypto Council to ensure market credibility. Key initiatives include potential tokenization of up to $2 billion in sovereign assets, plans for a national stablecoin, and a central bank digital currency (CBDC) pilot. With an estimated 15–20 million crypto users and interest in using excess electricity for Bitcoin mining, Pakistan is positioning itself for significant growth, though some regulatory measures still require parliamentary approval to become permanent.

bitcoinist12/31 17:08

Pakistan’s Crypto Push Could Make It A Global Leader By 2030, CZ Claims

bitcoinist12/31 17:08

Binance CEO Year-End Letter: Crossing the Mountains, Hand in Hand with the Sea of People

Binance Co-CEOs Yi He and Richard Teng reflect on 2025 as a pivotal year, marked by reaching 300 million users—meaning one in every 27 people globally now uses Binance. Despite challenges like AI market volatility, trade wars, and regulatory uncertainty, the industry demonstrated strong resilience. Key regulatory milestones, such as the GENIUS Act, provided clarity and protection, ending the "wild west" era of crypto. The year saw a fusion of centralized and decentralized finance, with retail trading surging 125% and institutional adoption growing—30% of large investors already hold digital assets. Nearly half of all BTC and ETH trades occurred on Binance, with over 60% of on-chain transactions via Binance Wallet. The Alpha 2.0 platform facilitated $1 trillion in volume, $780M in airdrops, and attracted 17M users. Traditional finance embraced crypto, with significant ETF inflows and major institutions tokenizing bonds. Trust remains paramount: Binance safeguards $162.8B in user assets, proven via PoR. The platform enhanced security, reducing major illegal risks by 96%, blocking $6.69B in fraudulent transactions, and recovering $11.7M for users. Compliance efforts expanded with 29 certifications and a 1,280-person team. Looking to 2026, Binance anticipates growth driven by global economic stability, tech advances, and clearer regulations like the RFIA/CLARITY Act. The focus remains on "Freedom of Money," through security, compliance, and education initiatives like Binance Junior and Binance Charity ($43.55M donated to date). The co-CEOs thank the community and invite others to join in building an open financial future.

marsbit12/31 15:43

Binance CEO Year-End Letter: Crossing the Mountains, Hand in Hand with the Sea of People

marsbit12/31 15:43

Where Are the Promised Robotaxi and Mars Landing? Musk's 2025 Ends with 'Zero Deliveries'

As 2025 concludes, Elon Musk's major promises for the year—spanning autonomous vehicles, AI, government spending cuts, and space exploration—have largely gone unfulfilled. Tesla’s Robotaxi service, which Musk claimed would cover half the U.S. population and operate without human safety drivers by year-end, remains limited to parts of Austin, Texas, and still requires in-car monitors. The Department of Government Efficiency (DOGE), led by Musk, failed to cut $2 trillion in federal spending as pledged; instead, government expenditure increased by approximately $248 billion in the first 11 months of 2025. In artificial intelligence, xAI did not achieve General Artificial Intelligence (AGI) as Musk had projected. The demonstration of the long-delayed Tesla Roadster, potentially featuring “flying car” technology, also did not occur. Additionally, SpaceX’s goal of landing humans on Mars by 2025—a timeline Musk had repeated since 2016—was not realized. These repeated shortfalls have led to growing skepticism regarding the reliability of Musk’s public timelines and commitments.

比推12/31 15:37

Where Are the Promised Robotaxi and Mars Landing? Musk's 2025 Ends with 'Zero Deliveries'

比推12/31 15:37

Korbit Joins Upbit Under Fire as South Korea Hands Down $1.9M AML Penalty

South Korea's Financial Intelligence Unit (FIU) has fined cryptocurrency exchange Korbit 2.73 billion won ($1.9 million) for violations of anti-money laundering (AML) and know-your-customer (KYC) regulations. The penalty, issued on December 31, 2025, follows an inspection that revealed approximately 22,000 instances of unverified user trading, 19 transactions with unregistered foreign platforms, and 655 cases of inadequate money laundering risk assessments, including for NFTs. Korbit received an institutional warning, while its CEO was cautioned and its reporting officer reprimanded. This action comes shortly after a larger $25 million fine against Upbit, the country's largest exchange, for similar AML and KYC failures in November. The FIU has been conducting inspections of major exchanges based on their registration dates.

ccn.com12/31 14:03

Korbit Joins Upbit Under Fire as South Korea Hands Down $1.9M AML Penalty

ccn.com12/31 14:03

South Korea Delays Digital Asset Basic Law to 2026

South Korea has postponed the implementation of its Digital Asset Basic Law to 2026 due to regulatory disagreements, primarily between the Financial Services Commission and the Bank of Korea, over stablecoin oversight. The legislation, intended to establish a foundational crypto regulatory framework, aims to enhance investor protection through stricter rules, including no-fault liability for operators and reserve requirements for stablecoin issuers. However, disputes over enforcement authority and reserve management have stalled progress, creating uncertainty for crypto firms. The ruling party has proposed consolidating various proposals into a revised bill, with a focus on developing a Korean won-backed stablecoin to counter dollar-dominated stablecoins.

TheNewsCrypto12/31 13:14

South Korea Delays Digital Asset Basic Law to 2026

TheNewsCrypto12/31 13:14

New Regulatory Policies Imminent, South Korean Crypto Exchanges Face Major Shakeup in Control

South Korea's Financial Services Commission (FSC) is proposing a major regulatory change that would impose a 15% to 20% cap on major shareholders' stakes in domestic cryptocurrency exchanges. The move, part of the "Virtual Asset Second Phase Legislation," aims to redefine major platforms like Upbit, Bithumb, Coinone, and Korbit as core "virtual asset infrastructure," subjecting them to stricter oversight. The FSC highlights two key issues in current exchange governance: excessive power concentration in founders or major shareholders, and disproportionate profit distribution to individuals. The proposed cap mirrors rules for traditional financial Alternative Trading Systems (ATS) and would force significant ownership restructuring. Upbit’s major shareholder holds 25.5%, Bithumb Holdings owns 73%, Coinone’s chairman holds 54%, and Korbit is majority-owned by NXC and affiliates. Compliance would require substantial divestment, potentially altering control and strategic direction. The proposal aims to institutionalize the crypto market, reduce systemic risk, and possibly pave the way for traditional financial institutions to enter. Critics argue it may stifle innovation, violate property rights, and cause management instability, potentially driving businesses to more crypto-friendly jurisdictions like Singapore or Dubai. The outcome could reshape Korea’s crypto industry, balancing financial stability with growth.

比推12/31 13:10

New Regulatory Policies Imminent, South Korean Crypto Exchanges Face Major Shakeup in Control

比推12/31 13:10

‘National security’ at stake – Why U.S. stablecoin rewards face a China test

Crypto industry leaders are framing stablecoin rewards as a "national security" issue following China's plan to offer yield on its digital yuan to drive adoption. U.S. banks, through the Bank Policy Institute, advocate banning such rewards, warning of potential capital flight from traditional banks, reduced deposits, and negative impacts on lending. Crypto supporters, including Coinbase CEO Brian Armstrong, argue that banks fear competition and that stablecoins are crucial for maintaining U.S. dollar dominance globally. They warn that restricting rewards could hand a strategic advantage to China and other rivals. The stablecoin market has grown significantly since the passage of the GENIUS Act, with increasing demand for yield-bearing products.

ambcrypto12/31 11:20

‘National security’ at stake – Why U.S. stablecoin rewards face a China test

ambcrypto12/31 11:20

15% Equity Threshold: Governance Revolution and Capital Reshuffle in Korean Exchanges

South Korea's Financial Services Commission (FSC) has proposed a major governance overhaul for major cryptocurrency exchanges as part of its "Virtual Asset Second Phase Legislation." The plan would classify large platforms like Upbit, Bithumb, Coinone, and Korbit as "core infrastructure" and impose a strict cap on major shareholders' stakes, limiting them to between 15% and 20%. This move targets two key issues: excessive power concentration in the hands of founders or major shareholders, and the disproportionate privatization of substantial trading fee revenues. The proposal aligns exchange governance with traditional financial standards, similar to rules for Alternative Trading Systems (ATS) under the Capital Markets Act. If implemented, the four leading exchanges would face significant ownership restructuring. For instance, Upbit’s major shareholder holds 25.5%, Bithumb Holdings owns 73%, Coinone’s chairman controls 54%, and NXC holds around 60.5% of Korbit. Each would need to divest substantial stakes. The initiative aims to institutionalize the crypto market, reduce systemic risk, and potentially open doors for traditional financial institutions to enter. However, critics argue it may stifle innovation, violate property rights, cause management instability, and drive businesses to more crypto-friendly jurisdictions like Singapore or Dubai. The proposal reflects a broader effort to balance financial stability with industry growth, marking a pivotal moment in South Korea’s crypto regulatory landscape.

marsbit12/31 09:51

15% Equity Threshold: Governance Revolution and Capital Reshuffle in Korean Exchanges

marsbit12/31 09:51

South Korea’s Stablecoin Bill Deadline Pushed To 2026 As Issuance Dispute Continues – Report

South Korea's long-awaited crypto legislation, the Virtual Asset User Protection Act, has been delayed until 2026 due to unresolved disputes between the Financial Services Commission (FSC) and the Bank of Korea (BOK) over stablecoin issuance policies. The key disagreement centers on the role of banks in issuing won-pegged stablecoins, with the BOK advocating for a bank consortium to hold a majority stake in issuers, while the FSC warns this could stifle innovation. The bill is expected to include investor protections such as mandatory 100% reserve backing for stablecoins, strict liability for operators in cases of hacks, and enhanced disclosure requirements. Despite progress on other aspects, the finalization of the bill is now pushed to 2026 as regulators work to resolve their differences.

bitcoinist12/31 09:37

South Korea’s Stablecoin Bill Deadline Pushed To 2026 As Issuance Dispute Continues – Report

bitcoinist12/31 09:37

ED Raids Multiple Locations in India Over Fake Crypto Investment Firm

The Enforcement Directorate (ED) in India has conducted raids at 9 locations across Chandigarh and Haryana, including Kurukshetra, Ambala, and Karnal, targeting a fake crypto investment scheme known as Crypto World Trading Company. The operation, under the Prevention of Money Laundering Act (PMLA), was initiated based on an FIR filed by Haryana police. The company is accused of defrauding numerous investors, primarily from northern Haryana, by luring them to invest multiples of ₹8,000. Authorities have seized digital evidence, documents, ₹4 lakh in cash, and frozen 18 bank accounts holding approximately ₹22.38 lakh. Additionally, immovable properties worth nearly ₹3 crore, believed to be purchased with illicit funds, have been seized. The accused, including individuals named Vikas Kalra and others, allegedly layered the money through family and associate accounts before investing in crypto on Binance and acquiring assets. This incident highlights the risks in the volatile crypto market, underscoring the need for thorough research before investing.

TheNewsCrypto12/31 09:24

ED Raids Multiple Locations in India Over Fake Crypto Investment Firm