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Nalezeno "Crypto Law": 152

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...

EU Set to Unveil Draft Crypto Law ‘By Q3 of FY2020’

21.8.2020
The EU could be set to streamline its members’ crypto regulatory framework – after a crucial European Commission ruling. Per IFC Review, which quotes European Commission’s press office, the Commission wants to have a set of proposals in place as early as the third quarter of 2020, but admitted that...

Slim Chance of New Russian Crypto Law Emerging in Autumn, Say Experts

20.8.2020
Insiders say there is a chance that Russia’s new crypto law could be drafted by autumn – a move that would see a set of regulations in place for the start of next year. But one claimed that that chance of such a quick turnaround from policymakers is “low” – despite no shortage of industry...

Government Official Updates Progress of India’s Cryptocurrency Law

4.8.2020
A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill...

Putin Signs Law Giving Cryptocurrency Legal Status in Russia

2.8.2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...

It Might Be 'too Early to Celebrate' Russia’s New Crypto Law

23.7.2020
Russia’s new crypto legislation was finally approved this week, after a delay of over two years – but it might be that the true battle for crypto regulation in the country is yet to begin. A local expert has hinted that when policymakers decided to divide the “On Digital Assets” bill into two, they...

First Russian Crypto Law ‘to Be In Force by Start of 2021’

9.7.2020
Russia’s first crypto law “will be adopted by January 1, 2021,” said the bill’s chief architect, adding that the legislation is “now approaching the finish line.” Per RBC, Anatoly Aksakov, the head of the State Duma’s financial committee and the man charged with mediating the “On Digital Assets”...

‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law

18.6.2020
Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution. The comments came after another government ministry spoke out against...

China Passes Law Protecting Cryptocurrency Inheritance

30.5.2020
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that bitcoin and ethereum...

Japan Implements Significant Changes to Cryptocurrency Regulation Today

1.5.2020
Major changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms...

Singapore Allows Crypto Companies to Operate Without a License for 6 Months

28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...

New South Korean Crypto Law May ‘Force 190 Exchanges to Close’

12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...

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