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Australian Minister Stephen Jones expresses alarm over ASIC's failure to warn about the HyperVerse crypto scheme, raising concerns about global regulatory coordination amid widespread investor losses and legal complexities.

South Korea's FSC proactively addresses concerns of unauthorized fund outflow to overseas crypto exchanges, proposing a credit card ban for cryptocurrency purchases. Emphasizing risk reduction, the FSC encourages stakeholder input, reflecting dedication to a secure and well-regulated crypto environment.

India's CBDC pilot advances as digital rupee records one million transactions in a day, recognized by RBI Governor Shaktikanta Das. Challenges persist amid UPI's dominance and staff adoption debates.

Nigerian banks face continued restrictions on cryptocurrency activities despite evolving regulations. The Central Bank's recent guidelines signal a shift, allowing virtual asset service providers while maintaining cautious oversight

The European Banking Authority (EBA) intensifies scrutiny, addressing rising concerns of potential contagion. With a focus on NBFIs, including crypto, it aims to safeguard financial stability amidst evolving challenges

Bharat Web3 Association leads the charge in urging action against offshore exchanges, sparking events in India's crypto space. Industry figures seek a level playing field amid regulatory developments.