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Australian competition regulator takes Meta to court over fake crypto ads
18.3.2022
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular
Ex-Regulator Tells US Senators That Crypto Can ‘Empower and Protect the Innocent’
17.3.2022
United States Senators will hear testimony today on crypto and its role in the world of crime – but a former senior regulator has warned that politicians coming down too hard on the crypto sector risked throwing out the baby with the bathwater.
The Senate’s Committee on Banking, Housing,...
Web3 will be key to the future of China's internet, says security regulator
17.3.2022
Yao Qian predicted that Web3 will reorganize the organizational form and business model of the Internet economy and offer a level playing field for all
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
Japan Asks Crypto Exchanges to Comply With Sanctions Restrictions — Penalty Includes 3 Years in Prison
15.3.2022
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned persons includes three years in prison. Japan’s Financial Regulator and Ministry...
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
11.3.2022
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in Dubai The emirate of Dubai has adopted its first law to regulate crypto assets and established...
Paxos secures approval from Singapore’s financial regulator
10.3.2022
The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
10.3.2022
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens. Changes to the Draft Legislation The Dubai Financial Services Authority...
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs
10.3.2022
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting...
Dubai establishes virtual asset regulator and announces new crypto law
9.3.2022
The Sheikh said the regulator will have authority in Dubai's special development zones and free zones with the exception of the Dubai International Financial Centre
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
9.3.2022
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani...
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges
8.3.2022
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer...
Japanese Regulator Wants to Amend the Nation’s Crypto Law
8.3.2022
A batch of new crypto regulations is incoming in Japan – where the nation’s top financial and crypto regulator has put forward legal amendments to payments-related legislation.
The proposals were made by the Financial Services Agency (FSA), which has proposed making alterations to two existing...
Papa John's Plans NFT Drop Despite Prior Warning From UK Advertising Regulator
8.3.2022
Pizza takeaway chain Papa John's is giving away nearly 20,000 non-fungible tokens (NFTs) to customers in the U.K. shrugging off a previous warning from the advertising regulator about its dalliances in the crypto world
US Regulator Launches Probe Into NFT Sales
3.3.2022
The US Securities and Exchange Commission (SEC) is applying additional scrutiny to creators of non-fungible tokens (NFTs) and NFT marketplaces to find out if some of the assets are sold in violation of the agency’s rules on securities offerings....
Read More: US Regulator Launches Probe Into...
UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO
3.3.2022
The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivialized investment in cryptocurrency.” The ad...
UK Regulator Bans Floki Inu Ads as 'Irresponsible'
2.3.2022
The Advertising Standards Authority (ASA) determined that ads for a meme-based cryptocurrency named after Elon Musk's shiba inu dog that appeared on London's transport network last year are "irresponsible."
SEC to Crypto Companies: There Are Benefits to Self-Reporting Violations and Working With Us
1.3.2022
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their...
Ukrajinský telekomunikační regulátor žádá BEREC o blokování roamingu pro ruské operátory
28.2.2022
Předseda ukrajinské Národní komise pro státní regulaci elektronických komunikací, radiofrekvenčního spektra a poskytování poštovních služeb Oleksandr Zhyvotovskyi odeslal dopis Sdružení evropských regulátorů BEREC, ve kterém jej a jeho členy žádá o podporu a uvalení sankcí v oblasti elektronických...
Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’
24.2.2022
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares...