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Central Bank of Argentina Issues New Compliance Rules for Digital Wallets


The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as financial users, having new protections similar to those offered by banks and other financial...

Egypt’s Central Bank Issues Crypto Warning — Violators Risk Imprisonment


The Central Bank of Egypt (CBE) has issued a fresh warning about cryptocurrency, noting that violators could face imprisonment. The Egyptian central bank’s law “prohibits issuing, trading, or promoting cryptocurrencies, creating or operating platforms for trading it, or carrying...

WazirX Bank Accounts Unfrozen, Continues to Cooperate With ED


WazirX has published an official blog post to clarify that it will continue cooperating with the Enforcement Directory in its actions against allegedly accused fintech companies and instant loan mobile applications. WazirX is an Indian crypto trading platform established in 2017 by Siddharth Menon...

Uruguay Introduces Cryptocurrency Law in Parliament


A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...

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