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What changes are waiting for the British crypto industry after March 31?
The coming weeks will be decisive for the British crypto industry. The UK government plans to present to the public a strategy for regulating the crypto market. According to industry sources who wish to remain anonymous, special attention will be paid to the legal regulation of the sector and stablecoins. Google has filed a patent for the trademark “Non-Fungible Planet”
On March 21st, Google applied for the “Non-Fungible Planet” patent, which by name correlates with non-fungible tokens (NFTs) in the cryptocurrency sphere. However, this project will not be related to the crypto industry and intends to highlight problems related to climate change. Ban on crypto payments in Thailand
Thailand will prohibit the use of digital assets as means of payment for goods and services. The cryptocurrency sector remains a controversial phenomenon in Thailand. Now the authorities are planning to introduce a ban on cryptocurrency as the form of payment from April 1, as they believe that this could endanger the country's financial sector and economy. The Japanese government will review the Foreign Exchange Law to close backdoors for sanctions evasion
The Japanese government has stated that it will look for an opportunity to close any backdoors for sanctions evasion against the Russian Federation.
On Monday, the Japanese government made a statement that the country’s currency legislation will be revised in order to prevent Russia’s attempts to evade Western sanctions restrictions with cryptocurrency assets. For this purpose, during the next meeting of the Japanese Parliament, the Kishida government will revise the Law on Foreign Exchange and Foreign Trade. This was reported to the Reuters news agency by Hirokazu Matsuno, chief secretary of the Cabinet of Ministers of Japan. 
