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39 Firms Have Applied to Offer Crypto Services Under New Regulation, Says Dutch Central Bank
8.11.2020
Thirty-nine companies have applied for registration with the Dutch central bank to provide cryptocurrency services, the regulator told news.Bitcoin.com. They include crypto exchanges and custodial wallet providers. Dutch Central Bank Begins Registering Crypto Service Providers De Nederlandsche Bank...
California’s Prop. 24 Could Be a ‘Silver Lining’ for Crypto Exchanges Looking to Comply With GDPR
6.11.2020
Chair of the Prop. 24 advisory board and crypto advocate, Andrew Yang, thinks it could set a new bar for data privacy rights across the U.S
South Korea To Ban Crypto Exchanges From Handling Privacy Coins
6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...
‘Arbitrary’ Ruling May ‘Force South Korean Crypto Exchanges to Close’
4.11.2020
South Korean crypto-related firms said they are concerned that banks are being given too much power by the country’s financial regulators.
In the latest regulatory rulings unveiled this week, regulators stated that banks would be obliged to decide whether or not they want to do business with crypto...
Hong Kong Amends Crypto Law to Regulate All Exchanges
3.11.2020
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...
Bitcoin slides 3% as Hong Kong seeks to end 'honeymoon' with crypto exchanges
3.11.2020
The price of Bitcoin fell by 3% so far this week amid growing regulatory pressure on cryptocurrency exchanges in China and Hong Kong
DeFi Trading App Dharma Now Connects Directly to US Bank Accounts
2.11.2020
The startup for trading in decentralized finance (DeFi), Dharma, has now enabled automated clearing house (ACH) purchases in 10 U.S. states
The evolution of crypto exchanges — What’s next for the industry
31.10.2020
We are now starting to see the crossover of regulation in the digital asset market and digitalization of the traditional market
Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
29.10.2020
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said...
Peru is studying crypto exchanges to figure out future laws
28.10.2020
The pandemic is not stopping Peru's lawmakers from testing ways of regulating the crypto industry
South Korean gov't doesn't know who will protect crypto exchanges from Kim Jong-Un’s hackers
23.10.2020
Can anyone hold North Korea responsible for its attacks on the crypto industry?
Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
16.10.2020
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital...
Fundstrat Warns of Trading on Offshore Crypto Exchanges
12.10.2020
Tom Lee. Regulators could have their sights locked on a new target in the crypto world – with Tom Lee’s Fundstrat Global Advisors warning that trading on offshore exchanges might become riskier.
The investment advisory firm, based in New York, has issued a new report on the crypto space...
Memo to crypto exchanges: KYC compliance can be a competitive advantage
9.10.2020
More regulation is coming, and it will be costly, but compliance can also expand an exchange’s customer base
75 crypto exchanges have closed down so far in 2020
7.10.2020
Crypto exchanges are disappearing at a fast rate this year
Cryptowisser: 75 Crypto Exchanges Dead in 2020 – More Will Follow
5.10.2020
5th October 2020, leading Crypto service comparison site – Cryptowisser, announces its Crypto exchange graveyard. The detailed page lists and explains the many crypto exchanges (largely centralized exchanges) that have disappeared, expired or collapsed this year, giving an insight into...
Europe Has The Most Of Money Laundering-Friendly Crypto Exchanges
2.10.2020
Source: Adobe/anish_ap1
Europe has the highest count of virtual asset service providers (VASPs) with deficient KYC procedures, followed by the strongest Asia-Pacific (APAC) region, and North America, claims CipherTrace, a developer of anti-money laundering, cryptocurrency forensics, and blockchain...
More than half of all crypto exchanges have weak or no ID verification
2.10.2020
The highest number of exchanges defying regulatory norms are in Europe
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
30.9.2020
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently...
Bitpanda Raises $52M Series A Led by Peter Thiel’s Valar Ventures
29.9.2020
With $100 million raised to date, crypto brokerage Bitpanda will be "Europe's next fintech unicorn," says lead investor Valar Ventures