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Australia’s National Consumer watchdog has cautioned that crypto trading scams have significantly increased over a year and they are currently the second most widespread sort of investment scam in Australia.

In the effort to design strong measures against the rising fraud and money laundering vices through digital currencies, Bulgaria's Financial Supervision Commission (FSC) is considering to monitor thoroughly the cryptocurrency market in the country.

A giant Israeli cryptocurrency exchange known as Bits of Gold has agreed to share all customers' transaction particulars with the tax authority of the country.

Spot.IM, an internet company with its offices in Tel Aviv is in high gear negotiations with the Israel Securities Authority (ISA). Spot.IM is not part  of crypto ecosystem but more of the internet industry. The talks are primarily focusing on felicitous exchange rate that is an important matter for making this work and there are a lot of hope that the two parties will reach at the equilibrium point of agreements just with in the next month or beyond and this will push the plans to go further.

The United Kingdom’s Financial Conduct Authority (FCA) has officially asked bank CEOs to ‘enhance scrutiny’ in order to avoid the financial scams related to digital currencies. The watchdog also suggested banks create a special expertise for their staff helping them to identify financial activities of a high-risk.

The Telecom Regulatory Authority of India (TRAI) earlier this week put forth a draft Telecom Commercial Communication Customer Preference Regulation 2018 to restrain telemarketing spam through SMS messages and phone calls using blockchain technology. The draft regulation will always be open for comment up to 11 June 2018.

The major financial market regulator the Israel Money Laundering and Terror Financing Prohibition Authority has created a fintech draft which is aimed at helping to track and control suspicious cryptocurrency activity, according to a local news company’s post published yesterday, May 28.

The Reserve bank of Zimbabwe (RBZ) issued rules of thumb in a circular on May 13 that detailed that all cryptocurrency activities carried out in the country were being stopped. The RBZ went ahead and indicated that all domestic digital currency operations were given the maximum of two months to begin complaining. RBZ is now facing a lawsuit from a giant cryptocurrency exchange.

The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) has newly forthput a legislative framework that includes new rules governing cryptocurrency exchanges, custodians plus other intermediaries. The regulatory consultation paper on cryptocurrencies was published on Monday 30th April. The UAE-based financial institution claims its proposed regulation that was termed as 'Spot Crypto Asset Framework," that will make it possible to address the new risks posed by cryptocurrency trading.