While some Asia nations, such as Singapore and Thailand, seem to be following the U.S. Securities and Exchange Commission (SEC) in frowning upon certain products offered by exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America
The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It would effectively ban crypto in the guise of fighting money laundering.