Gate News reported that on March 18, Kenya's Ministry of Finance released the draft "2026 Virtual Asset Service Providers Regulations" on Wednesday (March 15) and opened public consultation with a deadline of April 10. The draft was formulated based on the "Virtual Asset Service Providers Act" which took effect on November 4, 2025, and was drafted by a multi-agency working group involving Kenya's central bank and the Capital Markets Authority.

A court in Zhangqiu District, Jinan, Shandong Province heard a virtual currency investment case, ruling that Liu's entrusted contract for investing in "Alpha Coin" was invalid because he participated in illegal financial activities, and losses must be borne by himself. The judge cautioned that virtual currency transactions are not protected by law.

Meta announced that starting June 15, users will be unable to build, publish, or update virtual reality worlds on Meta Quest headsets, and will not have access to Meta Horizon Worlds, with a shift toward mobile-first. This adjustment reflects Meta's repositioning of its metaverse strategy, with a focus shift toward AI and wearable products.

The Korean Financial Supervisory Service and other institutions signed an agreement on March 17 aimed at blocking funds flows related to telephone fraud and virtual asset crimes by analyzing overseas credit card usage data and entry/exit records. The new mechanism will enable information sharing among various institutions and strengthen monitoring and response to abnormal transactions.

South Korean Police Agency Completes Virtual Asset Management Directive Draft, First Time Incorporating Privacy Coin Management and Clarifying Software Wallet Solutions. Over the Past 5 Years, Seized Virtual Assets Worth Approximately 54.5 Billion Korean Won; Police Plan to Select Private Custodian Institutions, Experts Recommend Establishing Government-Led Custodial System.

South Korea's financial intelligence agency imposed a 6-month partial suspension and a 368 billion won fine on a CEX for violating anti-money laundering obligations. The inspection found numerous compliance violations and customer identification issues. During this period, existing users' transactions were unaffected, but virtual asset transfers for new users were restricted.