Search

Nalezeno "financial watchdog": 139

Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges

22.1.2023
The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian banks, the regulatory body announced in a report. Ukrainian Financial Authorities Target Russian...

Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

12.1.2023
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise...

Time for Serious Global Crypto Regulation, Germany Says

15.12.2022
Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin...

Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says

11.12.2022
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intelligence agency. At the same time, the regulator supports prohibiting payments with digital coins...

Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

27.11.2022
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA:...

Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse

16.11.2022
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United States, the department revealed it has been tracking its activities in Turkey. Turkish Financial...

Japanese Regulator Slaps FTX Japan With Business Suspension Order

12.11.2022
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes...

Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight

11.11.2022
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market....

Countries ignoring crypto AML rules risk placement on FATF's 'grey list' — Report

8.11.2022
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers

Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...

Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns

19.9.2022
The U.K. Financial Conduct Authority warned Sam Bankman-Fried's firm may be providing financial services or products to local customers without its authorization

Korean financial watchdog to block tens of unregistered exchange websites

18.8.2022
Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country

South Korea's financial watchdog wants to 'quickly' review crypto legislation: Report

11.8.2022
The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection, and market stability" on bills proposed

South Korea's Financial Watchdog to Expedite New Crypto Rules: Report

11.8.2022
The head of the country's Financial Services Commission said 13 bills related to virtual assets are to be debated in parliament, a local news outlet reported

Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme

10.8.2022
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud...

Singaporean financial watchdog to consult public on stablecoin regulation

2.8.2022
The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

24.7.2022
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not...