South Korean foreign ministry orders Do Kwon to return his passport
Do Kwon who has an Interpol notice and an arrest warrant against his name has not been cooperative with the investigation agencies.
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UAE Ministry of Economy opens up new headquarters in the Metaverse
The UAE Ministry of Economy continues its push into the Metaverse with the announcement of a "third address" located in a virtual world.
South Korean ministry recommends enactment of special Metaverse laws
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems.
Indian IT Ministry directs crypto exchanges to store user data for 5 years
The new directives for VPN service providers and crypto exchanges would require them to collect critical private information as well as the ownership patterns of customers.
Kazakh ministry halts illegal crypto mining operations
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement.
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move.
Russian finance ministry opens public comment period for the crypto bill
The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18.
Russian Finance Ministry submits crypto regulatory framework for review
The ministry envisions crypto users executing transactions through banks and proposes to distinguish between qualified and unqualified holders.
Russian finance ministry official calls for crypto regulation, not restriction
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia.
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
Cyprus’s finance ministry stressed the need to accelerate its capacity building for the crypto industry.