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Google Announces New Policy for Cryptocurrency Ads
2.6.2021
Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The new rules will take effect in August and all prior crypto exchange certifications will be revoked. Advertisers must request new cryptocurrency exchanges...
Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
26.5.2021
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. New Rules...
Twitch Says Being Seen As 'Sexy' Isn't Against The Rules, Creates Dedicated Category For Hot Tub Streamers
21.5.2021
After months of controversy stemming from a perceived loophole in Twitch’s attire and sexual conduct rules, the company has created a dedicated section for pools, hot tubs, and beaches.Read more
Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges
21.5.2021
The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court....
New OCC head requests review of cryptocurrency rules
19.5.2021
The new head of the OCC thinks that the authority’s crypto rulemaking under Brian Brooks was not done in full coordination with all stakeholders
Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn
18.5.2021
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage...
Spanish Healthcare Group to Accept Cryptocurrency Payments, Citing Interest in ‘Bitcoin Revolution’
4.5.2021
Cryptocurrency regulation is still an ongoing topic for the Spanish government and regulators, with some not too friendly measures against crypto ads or enhancing tax rules. However, adoption is on the rise in different industries, and the healthcare sector is joining the frenzy. Patients Could...
Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts
4.5.2021
The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo)...
Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers
3.5.2021
Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising...
UK Banks Getting Tough on Bitcoin, But AML Rules Are The Real Problem
25.4.2021
Matthew Shillito, Lecturer in Law, University of Liverpool.
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NatWest, the UK retail bank, has announced it will not engage with business customers who accept payment in bitcoin or other cryptocurrencies. It follows recent announcements from HSBC that it won’t allow transfers from digital...
New digital dispute rules aim to keep crypto disagreements out of court
22.4.2021
New digital dispute rules could keep smart contract disagreements out of the courts with the help of an independent arbitration tribunal
ASIC calls for closer engagement, but crypto industry says rules are unclear
19.4.2021
Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations
Plus: NieR Replicant RuleS next week's Steam Hype!
16.4.2021
Plus a look at Switch, last week's Steam hits, and more
Not Your Typical Horizontal Rules
16.4.2021
The default browser style for <hr> is so weird. It’s basically:
border-style: inset;
border-width: 1px;
The default border-color is black, but the border doesn’t actually look black, because the inset border “adds a split tone to the line …
The post Not Your Typical...
Japanese Regulator Aims to Implement FATF Rules Toward Crypto Companies in 2022
3.4.2021
Japan’s Financial Services Agency (FSA) has revealed that the regulating body will adopt the Financial Action Task Force (FATF) “travel rule” and standards toward the cryptocurrency industry throughout the nation. Meanwhile, FATF’s rule has been considered far-reaching...
US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights Group
31.3.2021
The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional...
Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings
29.3.2021
The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. New Crypto Disclosure Requirements The Indian Ministry...
New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
24.3.2021
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets....
Experts say new South Korean crypto rules will create a monopolized market
23.3.2021
Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements
Morgan Stanley Rules out M&A Deal for Bithumb, Binance Is 'Always Open'
23.3.2021
The American investment banking powerhouse Morgan Stanley has dismissed reports linking it to a possible M&A deal for the South Korean market-leading crypto trading platform Bithumb as “unfounded.” Meanwhile, Binance reiterated that they're always open for possible partnerships.
Per the South...