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Central Bank of Latvia opens pre-licensing consultations to crypto companies
9.9.2024
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers
Latvia’s central bank opens pre-licensing consultations to crypto companies
9.9.2024
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers
New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework
28.8.2024
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report...
French regulator accepting CASP applications ahead of MiCA rollout
2.8.2024
The AMF is giving firms registered under its current DASP rules ample time to transition, too
MiCA laws come into effect in Europe — Here’s what you need to know
27.6.2024
The EU's Markets in Crypto-Assets Regulation (MiCA) introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers
Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers
9.5.2024
Marsh, the insurance broking and risk advisory business of Marsh McLennan, has unveiled an insurance solution designed for crypto-asset service providers operating within the EU.
The post Marsh Introduces Insurance Solution for EU Crypto-Asset Service Providers appeared first on Cryptonews
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
24.4.2024
South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading...
EU Provisional Agreement: Crypto Asset Service Providers Added to Obliged Entities List
19.1.2024
As per the provisional agreement struck between the European Union Council and Parliament, crypto asset service providers will be obliged to verify facts and information on users whose transactions exceed $1,090. According to the Belgian Finance Minister, the new requirements will “ensure...
EBA and ESMA Release Consultation Paper on Assessing Suitability for Crypto-Asset Service Providers
20.10.2023
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published a joint consultation paper on two draft guidelines.
On October 19, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published joint guidelines that...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning
25.1.2023
Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product
20.10.2022
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers...
South African Banking Regulator: ‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’
19.8.2022
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships with entities such as crypto asset service...
South African Treasury on Crypto Regulations: Amendments to Relevant Laws to Be Finalized in 2022
26.2.2022
The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022. Aligning Local Laws With FATF Standards The South African Treasury...
South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards
15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....