🏦 Russian Central Bank Proposes Allowing Banks and Brokers to Obtain Crypto Licenses

The Bank of Russia has proposed allowing banks and brokerage firms to obtain licenses to operate crypto exchanges, a move that would place traditional financial institutions at the center of the country’s future regulated digital asset market.

📌 The proposal was outlined by Central Bank Governor Elvira Nabiullina at an annual meeting with credit organisations. According to the regulator, existing financial institutions already have compliance infrastructure that could be used to supervise crypto transactions.

"We hope that the vast experience of banks in AML/CFT and fraud prevention will help protect your clients in the crypto market," Nabiullina said.

📎 Under the proposed framework, banks and brokers would be able to obtain crypto exchange licenses through a notification-based procedure rather than a separate licensing process. In practice, this would allow them to offer crypto services using their existing financial licenses.

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🔄 How to Exchange TrueUSD Safely and Efficiently

TrueUSD (TUSD) is one of the most widely used stablecoins, fully backed by the US dollar. It is commonly used for settlements, trading, and international transfers thanks to its stable price, transparency, and high liquidity.

📌 The relevance of exchanging TUSD continues to grow alongside the broader adoption of stablecoins. Users need fast and reliable ways to convert assets into US dollars or other digital currencies. This article explains what TUSD is, which exchange methods are available, and how to complete an exchange safely, including through the CryptoCloud service.

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🇹🇭 Thailand Freezes 10,000 Suspected Mule Accounts After Stricter Screening

Cryptocurrency platforms in Thailand have frozen more than 10,000 accounts suspected of being used for laundering illicit funds as authorities intensify efforts to shut down so-called mule accounts in the digital asset market.

📌 The freezes followed the rollout of stricter screening measures designed to slow suspicious transfers and trigger additional Know Your Customer checks for higher-risk transactions. According to local reporting from the Bangkok Post, the tighter controls helped exchanges identify accounts linked to potential money-laundering activity.

Att Thongyai Asavanund, chief executive of KuCoin Thailand and chairman of the Thai Digital Asset Operators Trade Association (TDO), said the new monitoring process allowed operators to detect thousands of suspect accounts. "The tighter process helped operators identify and freeze more than 10,000 suspected mule accounts," he told the Bangkok Post.

📎 The action forms part of a broader enforcement effort involving financial regulators, banks and law-enforcement agencies as Thailand works to close loopholes in digital-asset transfers.

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🇦🇺 Australian Senate Panel Backs Crypto Regulation Framework

An Australian Senate committee has endorsed a bill that would bring cryptocurrency platforms and custody providers under the country’s existing financial services framework.

⚖️ The proposed Corporations Amendment (Digital Assets Framework) Bill 2025 would create a licensing and compliance regime for digital token managers by amending the Companies Act and the ASIC Act.

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🇻🇳 Vietnam Plans to Launch Crypto Exchanges and Ban Trading on Foreign Platforms

Vietnamese companies have applied to launch the country’s first licensed crypto exchanges as the government moves to restrict access to overseas platforms. Reuters reported this, citing government documents.

🎯 The plan involves a pilot project for local digital asset exchanges. It could launch as early as March. The initiative is part of a policy to tighten oversight of the crypto market and capital flows, the statement said.

According to the report, five companies passed the preliminary screening. They include entities linked to private banks Techcombank, VPBank, and LPBank, broker VIX Securities, and conglomerate Sun Group. Some applicants confirmed they had submitted documents.

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🏦 Bank of Korea Adds Two Banks to Digital Won Trials as Real-World Testing Begins

The Bank of Korea has begun phase two of its digital won pilot, expanding to nine commercial banks to test bank-issued deposit tokens for nationwide payments and government subsidies.

👨🏻‍💻 The new phase will trial large-scale, won-pegged deposit tokens built on a wholesale CBDC layer, aiming to cut transaction costs for both major corporations and small merchants burdened by credit card fees.

The pilot advances as South Korea’s broader Digital Asset Basic Act is delayed over disputes about who can issue KRW-pegged stablecoins.

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🇪🇺 ECB Seeks Experts to Help Integrate Digital Euro Into ATMs, Card Payment Terminals

The European Central Bank is recruiting experts to help draft rules for how a potential digital euro would function in everyday payments, focusing on ATMs and in-store card terminals.

📌 One workstream will define how payment devices process digital euro transactions, including offline use and compatibility with existing standards, while another will design a certification process for payment tools and infrastructure.

The digital euro project, now awaiting political approval with a possible rollout by 2029, is advancing alongside the Qivalis initiative, in which 12 European banks plan to launch a euro-pegged stablecoin in 2026.

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