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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On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets.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...
Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
4.3.2021
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’...
Thai SEC forced to clarify proposed crypto rules after public backlash
2.3.2021
Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage
'Play by the rules or we will shut you down,' says NY AG to crypto industry
1.3.2021
Letitia James said her office was "sending a clear message to the entire industry."
Thai SEC consults public on crypto investor income rules
25.2.2021
Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers
New Crypto Rules in Thailand Could Require Traders to Show Income Before Opening Trading Accounts
25.2.2021
Thailand seeks to introduce a new set of rules for retail crypto investors, specifically targeting those who want to open accounts. The Thai financial watchdog could require domestic crypto exchanges to ask traders for proof of income. Thai SEC Could Also Ask Crypto Investors to Prove Their...
Indian Central Bank Playing by Same Anti-Crypto, Pro-CBDC Rules as China, EU
24.2.2021
The head of the Reserve Bank of India (RBI), the subcontinent’s central bank, has again indicated that the government might seek to enact a crypto crackdown – while attempting to gazump the crypto sector by releasing a digital rupee.
In an interview with CNBC-TV18, RBI Governor Shaktikanta...
Robinhood CEO calls on SEC to revise ‘outdated’ trading rules
18.2.2021
Robinhood CEO Vlad Tenev denied that the platform was helping hedge funds, calling on the SEC to get rid of a two-day settlement rule
Japan Finally Gets Rules About Japanese Whisky
16.2.2021
Japanese whisky isn’t yet one hundred years old. The country set up its first proper whisky distillery in 1923. And from then until this year, there were zero codified rules about what exactly Japanese whisky was.Read more
Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground
15.2.2021
Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance
Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce
15.2.2021
Regulatory clarity in the crypto industry is needed now more than ever, per one official
Left 4 Dead Wiki Desecrated To Add Fifth Survivor, Who Is Now Canon, That's The Rules
15.2.2021
In the original Left 4 Dead, there were four survivors: Francis, Bill, Louis and Zoey. Anyone reading through the game’s wiki, however, will think there’s actually a fifth cast member: Purple Francis.Read more
Australian regulators open to Bitcoin ETF with ‘rules in place’
12.2.2021
Securities regulators' down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules
Tesla Bitcoin Buy Highlights Need to Fix US Accounting Rules
11.2.2021
Tesla’s much-discussed recent decision to make a USD 1.5bn bitcoin (BTC) purchase continues to generate ripples in the American business pond – and has led some to claim accountancy rules should be updated to cover corporate crypto investments.
Industry observers are calling on the regulatory...
Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms
9.2.2021
The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia...
China releases final anti-monopoly rules targeting major tech and payments firms
8.2.2021
China's market regulator finalizes rules that have been three months in the making
Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules
3.2.2021
New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s...