ChainCatcher news, according to Finance Feeds, the Securities and Exchange Commission (SEC) of Thailand has officially filed a complaint against the cryptocurrency exchange OKX, accusing it of violating the country's digital asset regulations.The lawsuit states that OKX conducted digital asset business in Thailand without obtaining the necessary licenses, violating the provisions of the 2018 Digital Asset Business Act. The Thai SEC indicated that OKX failed to implement adequate investor protection measures, including inadequate customer identification (KYC) and anti-money laundering (AML) protocols, and also failed to fulfill mandatory regulatory reporting obligations.Reports suggest that if the violation allegations are confirmed, OKX may face fines, trading restrictions, or even a complete ban on operations in Thailand.

ChainCatcher news, according to Cointelegraph, since 2020, 47 countries around the world have relaxed or simplified regulations on cryptocurrencies, while 4 countries have tightened restrictions, even completely banning cryptocurrencies and mining.

ChainCatcher news, according to Decrypt, the government led by Australian Prime Minister Anthony Albanese has proposed a new regulatory framework for digital assets, aimed at enhancing industry certainty, strengthening consumer protection, and ensuring market integrity. The reforms require major crypto platforms to apply for an Australian financial services license, while small non-financial service businesses may be exempt.The policy document released by the Australian Treasury, titled "Developing an Innovative Australian Digital Asset Industry," states that the new regulations will cover exchanges, custodians, specific brokerage platforms, and stablecoin issuers, enhancing consistency with international standards and boosting the global competitiveness of the industry. Companies involved in the development of digital assets for non-financial purposes, software development, and infrastructure maintenance are not within the regulatory scope.The government is also paying attention to the trend of "de-banking" among financial institutions, stating that the new licensing mechanism is expected to improve risk management and transparency, reduce banks' service restrictions on the crypto industry, and is in communication with major banks regarding response measures.

ChainCatcher message, David Sacks responded on the X platform to previous reports about his sale of crypto assets, stating that he did not "dump" crypto assets, but rather divested them in accordance with government ethics regulations, emphasizing that he had hoped to retain these assets but was required by policy to carry out the operation. He added that it is his honor to serve President Trump and the American people.

ChainCatcher news, according to CoinDesk, Ark Invest CEO Cathie Wood hopes to put part of the company's funds on-chain as soon as the U.S. regulatory environment allows. Wood stated at the New York Digital Assets Summit on Tuesday: "We believe tokenization will be very important, and we hope to be able to tokenize our Venture Fund (ARKVX) or our Digital Asset Revolution Fund. I think regulation is gradually opening up, which will enable us to do this. Therefore, we want to seize this opportunity."Ark Invest's main holding company, Coinbase, is also exploring the issuance of security tokens, but lacks specific plans due to ongoing discussions with the U.S. Securities and Exchange Commission (SEC). Despite expectations that the market size could grow to trillions by 2030, regulatory uncertainty continues to hinder the tokenization process in the U.S.

ChainCatcher news, according to Cointelegraph, the Argentine National Securities Commission (CNV) has finalized regulatory rules for Virtual Asset Service Providers (VASP).The new regulations cover registration obligations, cybersecurity, asset custody, anti-money laundering, and risk disclosure, requiring mandatory separation of company and client funds, annual audits, and monthly reports to the CNV. Starting in 2024, VASPs operating in Argentina must register with the Virtual Asset Service Provider Registry (PSAV), and violators may have their registration revoked.CNV Chairman Roberto E. Silva stated that institutions failing to comply with the regulations will not be able to operate in Argentina.

ChainCatcher news, according to Cointelegraph, Turkey is advancing cryptocurrency regulation, formulating new rules for crypto asset service providers (CASPs).The Turkish Capital Markets Board (CMB) today released two regulatory documents regarding CASP licensing and operations, covering crypto trading platforms, custodians, and wallet service providers. This regulatory framework grants the CMB comprehensive oversight of crypto platforms to ensure compliance with domestic and international standards.Additionally, the framework sets the standards and requirements for establishing and providing crypto asset services in Turkey, including registered capital, management background, shareholder rules, and more.

ChainCatcher news, according to Cointelegraph, U.S. lawmakers are set to engage in a heated debate over stablecoin regulation, with major industry leaders expected to outline their vision for the future of digital asset regulation.Charles Cascarilla, co-founder and CEO of stablecoin issuer Paxos, plans to testify before the House Financial Services Committee, urging lawmakers to establish "cross-jurisdictional reciprocity" in stablecoin regulation.In prepared testimony, Cascarilla expressed concerns about the existing barriers to the adoption of Paxos' stablecoin USDG, as it is issued through a regulated subsidiary in Singapore.The Paxos CEO wrote in his remarks: "We are concerned that products like the Paxos Global Dollar Stablecoin, issued by a regulated subsidiary in Singapore, will be caught in a bind when decisions are made across departments and agencies."Cascarilla suggested that U.S. lawmakers strengthen the current "international reciprocity provisions," including clearly defining and expediting the timeline for the U.S. Treasury to designate overseas jurisdictions for stablecoin regulation. The executive stated: "This timeline will force swift action to prevent bureaucratic delays while ensuring a thorough review of foreign regulatory regimes."

ChainCatcher news, the JD recruitment official website shows that the company is hiring a stablecoin policy researcher. The position requires candidates to have a strong financial background and policy research capabilities.Job responsibilities include researching domestic and international stablecoin policies and regulations, communicating and coordinating with regulatory agencies, providing policy support to internal teams, and analyzing stablecoin market trends.

ChainCatcher news, according to the Korea Economic TV, the Financial Intelligence Unit (FIU) under the Financial Services Commission of Korea held a "Anti-Money Laundering Trustee Meeting" to discuss regulatory plans against new types of money laundering methods such as virtual asset trading.The FIU will focus on cracking down on money laundering activities using virtual accounts and simple remittances, conducting special operations once a month to analyze suspicious transactions related to crimes such as voice phishing, pyramid schemes, and gambling targeting vulnerable groups. The Financial Supervisory Service stated that it will strengthen inspections of companies with insufficient implementation of anti-money laundering systems and promote cooperation between consumer protection departments and anti-money laundering departments.

ChainCatcher message, U.S. crypto-friendly Senator Cynthia Lummis stated while sharing the news "The White House will support CRA to overturn DeFi broker rules," that "The IRS's regulations on DeFi fundamentally misunderstand how decentralized technology operates.Wyoming has been at the forefront of responsible digital asset regulation, and I have witnessed firsthand how regulatory clarity—rather than overregulation—can foster innovation. These tough federal regulations could push U.S. crypto entrepreneurs overseas when we should be nurturing this industry domestically. I am honored to join Senator Ted Cruz in overturning this attack on the crypto community."

ChainCatcher news, according to CoinDesk, the U.S. House of Representatives' fundraising committee passed a resolution by a vote of 26-16 to initiate the repeal of the IRS's new tax regulations on decentralized finance (DeFi) platforms. This resolution must be approved by a majority in both the House and the Senate and signed by the President to take effect.The IRS approved a transaction reporting system in December 2024, incorporating DeFi protocols into the traditional broker tax framework, which has faced widespread opposition from the crypto industry. Several organizations jointly signed an open letter calling on Congress to repeal this policy. Senator Ted Cruz has already introduced a companion resolution in the Senate.Republican lawmakers believe that the regulation exceeds legal authority and will increase the compliance burden on American taxpayers and the IRS, while Democratic lawmakers argue that it helps ensure that crypto transactions are taxed according to the law. It is estimated that repealing this regulation will reduce tax revenue by $3.9 billion over the next decade.

ChainCatcher news, Coinbase Chief Legal Officer Paul Grewal posted on social media, "Case dismissal" is the phrase every defendant in a case longs to hear. The U.S. Securities and Exchange Commission will dismiss the Coinbase case, and there will be no settlement or compromise ------ mistakes will only be corrected.However, Coinbase still has a lot of work to do and cannot be distracted. Legislation is crucial to ensure that such illegal activities do not happen again. Coinbase will not stop fighting until clear rules are established that allow the industry to truly thrive in the U.S. Collaboration will be key, and we look forward to working with U.S. Congress and SEC staff to drive progress in the next phase.

ChainCatcher news, according to Bloomberg, due to new European regulations, cryptocurrency service providers must remove unlicensed stablecoins. Kraken is developing a dollar-pegged stablecoin, which is planned to be issued by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand into the European market.

ChainCatcher news, according to a report by the Hong Kong Commercial Daily, Hong Kong Legislative Council member Yau Liu Shuyi stated that as the only region in the country capable of developing cryptocurrency trading, Hong Kong should further relax regulations to expand the industry scale. She pointed out that although the SAR government released a policy declaration for the development of virtual assets in October 2022 and established a relevant regulatory framework, the current industry scale is still relatively small.Yau Liu Shuyi emphasized that the fintech industry is particularly suitable for development in Hong Kong, as it is a "light asset" industry that does not require significant infrastructure investment and mainly relies on technological innovations such as blockchain. She suggested accelerating the improvement of the regulatory framework to create a more favorable environment for industry development.

ChainCatcher news, according to Bloomberg, Nigeria is amending regulations to allow taxation on cryptocurrency transactions and digital transactions, aimed at increasing fiscal revenue.The Nigerian Securities and Exchange Commission stated that the agency is developing new rules to ensure that all eligible transactions can enter regulated exchanges and be included in the formal tax system, the agency said in response to questions via email.Currently, a bill regarding the taxation of cryptocurrency transactions and the introduction of other taxes has been submitted to lawmakers and is expected to pass this quarter.

ChainCatcher news, according to Cointelegraph, as part of the EU's extensive cryptocurrency regulations, the European Securities and Markets Authority (ESMA) published a consultation document on February 17, seeking input from stakeholders, "with the aim of developing guidelines to assess the knowledge and competence of individuals providing advice on crypto assets or information regarding crypto assets or crypto asset services on behalf of crypto asset service providers."The guidelines will align with the EU's Regulation on Markets in Crypto-Assets (MiCA), published in June 2023, aiming to establish consistent standards for employees providing crypto advice and information to clients, enhance investor protection, and promote trust in the crypto market.

ChainCatcher news, according to Jinshi reports, based on market news, the Reserve Bank of India has relaxed investment regulations for all Indian financial institutions.

ChainCatcher news, according to Cointelegraph, the Dubai Virtual Assets Regulatory Authority (VARA) has issued a warning regarding the risks associated with Meme coins, advising investors not to invest in speculative and unregulated assets.The regulatory body stated that these assets are speculative, volatile, and susceptible to market manipulation, while urging investors to exercise caution when presented with unrealistic return promises, emphasizing that such promises often indicate fraudulent activities. Meme coins issued from Dubai must comply with the rules enforced by VARA.

ChainCatcher news, JPMorgan analysts say that in order to comply with the proposed U.S. stablecoin regulations, Tether may need to sell some non-compliant assets------including Bitcoin, precious metals, corporate notes, and secured loans.The U.S. has proposed two stablecoin bills: the House's "Stablecoin Transparency and Accountability Act" (STABLE Act) and the Senate's "U.S. Stablecoin Innovation and Establishment Act" (GENIUS Act), aimed at regulating stablecoin issuers through licensing requirements, risk management rules, and 1:1 reserve backing.According to the House's STABLE Act, Tether has only 66% of its reserves compliant, while under the Senate's GENIUS Act, the compliant reserve ratio is 83%.