China has intensified its scrutiny over overseas income, revealing a significant Ethereum bribery case. Meanwhile, South Korea has officially institutionalized Security Token Offerings (STOs), marking a significant step in its crypto regulatory framework. In Russia, authorities are easing special supervision on cryptocurrencies, potentially opening up the market.
Thailand is enhancing its regulatory controls on digital assets and gold, aiming to tighten oversight in these sectors. Kazakhstan has taken a progressive step by legalizing Digital Financial Assets (DFAs), which could boost its crypto market. Additionally, Iran's cryptocurrency activity is approaching $8 billion, indicating substantial growth in the region's digital currency engagement.
Asia's Crypto Landscape Shifts with Regulatory Changes and Legalizations
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