India ordered GitHub to remove repositories for BitChat, a decentralized messaging app that routes encrypted messages between nearby devices over Bluetooth without relying on internet connectivity or centralized servers, citing national security concerns. Kazakhstan is positioning itself as a destination for crypto ventures, including Balaji Srinivasan’s Network School after Malaysian authorities revoked its business license. South Korea’s five major crypto exchanges saw their trading activity fall by 89% year over year, with combined average daily volume dropping to $305 million from $2.82 billion, while the KOSPI stock index more than doubled over the same period. Thailand’s SEC filed a criminal complaint against Bitkub and two former directors over alleged false disclosures linked to a 2021 cyberattack.
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