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Singapore Announces New AML Rules for Crypto Businesses
28.1.2020
Singapore’s newly-enacted Payment Services Act brings so-called Digital Payment Token (DPT) services under current anti-money laundering (AML) and counter-terrorist-financing (CTF) rules
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
What The 5th Anti-Money Laundering Directive Means For Crypto Businesses
10.1.2020
As 5AMLD comes into effect, cryptocurrency service providers are on the hook for new regulations
UK Financial Watchdog FCA Now Supervises AML/CTF Compliance of Crypto Businesses
10.1.2020
FCA is now responsible for the monitoring AML and CTF compliance of crypto-related companies
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses
Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
23.10.2019
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...
Brazilian, Mexican Regulators on the Warpath for Crypto Businesses
11.9.2019
Cryptocurrency may be booming in Latin America, but exchanges and brokers run the risk of falling afoul of regulators – with government agencies in Brazil and Mexico looking to crack down on non-compliant platforms and brokerages.
The Securities and Exchange Commission of Brazil, known locally...
Malta Financial Services Authority Plans To Monitor Crypto Businesses
10.9.2019
The Malta Financial Services Authority (MFSA) spoke in a recent outline, their strategy in the published article. According to the document, the plan revolves around actively monitoring & managing risks to cryptocurrency business & firms. Malta is already a habitat to numerous crypto...
Electronics Giant LG and Unicorn Might Launch Crypto Businesses
10.7.2019
East Asia’s cryptocurrency scene could soon welcome two new big-hitting players – in the form of South Korean mobile finance provider Toss and electronics giant LG.
Per a report from Newsway, Toss is one of three mobile finance companies hoping to win approval for securities trading from the South...