Regulations
India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
The retail CBDC pilot is active in more than 15 cities with more than a dozen banks participating.

Will 2024 Be the Year of the Bitcoin ETF?
All signs suggest a spot bitcoin exchange-traded fund may well launch in the U.S.

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.

India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices
Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.

Argentina's Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings in Draft Bill
Crypto is captured in an asset-regularization regime included in a wide-ranging bill that's facing mounting backlash from citizens.

Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown
The government wants to use the national crypto bourse to make the ecosystem safer and gather transaction data for tax purposes.

Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'
Pan-African crypto exchange Yellow Card has said it will seek licensing in the country.
