Making it to the list of countries that intend to launch an in-house central bank digital currency (CBDC), the Reserve Bank of Australia (RBA) released a white paper outlining an elaborate plan for conducting a pilot project for eAUD. On…
Complying with the rules puts South Korea ahead of the curve for regulating virtual assets but could be harming the domestic industry with overbearing transfer restrictions between exchanges. South Korean crypto exchanges have reached the government-mandated deadline to come into…
Starting Friday, traders and managers of virtual asset trades must share customer data for transactions exceeding one million won under a global standard known as “the Travel Rule.” The Korea Financial Intelligence Unit under the Financial Services Commission announced that the rule will apply…