In response to a massive, multi-year wave of electricity theft, Malaysian authorities are cracking down on illegal cryptocurrency mining operations that have cost utility giant Tenaga Nasional Bhd over $1 billion.
Following a central bank ruling, Brazil is preparing to tax the massive market for cross-border crypto payments.
Crypto market sentiment has hit its most fearful level since February, with the Crypto Fear & Greed Index dropping to a stark 10.
Bending to sustained pressure from the ascendant digital asset sector, the head of the US Securities and Exchange Commission has pledged to create a clear classification system for cryptocurrencies.
JPX is preparing to explicitly block listed companies from transforming into de facto crypto funds.
IOSCO, the global securities regulator, stated that the rush to link traditional assets like stocks to crypto tokens is creating a Wild West of new risks for investors.
The Financial Services Agency (FSA) is considering a new licensing system that would require these service providers to register with authorities, creating a more resilient and secure financial infrastructure.
