FATF: By mid-2023, only 30% of countries have implemented crypto regulation

Mar 28, 2024

FATF: By mid-2023, only 30% of countries have implemented crypto regulation

The organization called for more active actions to avoid serious global consequences

Estonian authorities will oblige crypto firms to obtain a license from the financial regulator

Mar 22, 2024

Estonian authorities will oblige crypto firms to obtain a license from the financial regulator

The new bill has been approved by the government and is due to be voted on in Parliament

Hong Kong regulator warns investors against using crypto exchange MEXC

Mar 15, 2024

Hong Kong regulator warns investors against using crypto exchange MEXC

The reason was that the platform did not have a license to operate in the local market

South Africa’s regulator will license 60 crypto companies by the end of March

Mar 15, 2024

South Africa’s regulator will license 60 crypto companies by the end of March

In total, over 300 industry firms have applied for work permits

Hong Kong regulator threatens enforcement action against crypto exchange Bybit

Mar 14, 2024

Hong Kong regulator threatens enforcement action against crypto exchange Bybit

Officials noted that the platform does not have a license to operate in the local market

FDIC urges regulators to clarify the rules for banks’ work with cryptocurrencies

Mar 12, 2024

FDIC urges regulators to clarify the rules for banks’ work with cryptocurrencies

According to the corporation’s vice chairman, officials’ current stance hinders innovation

Hungarian Ministry of Economy proposes to allow banks to work with cryptocurrency

Mar 4, 2024

Hungarian Ministry of Economy proposes to allow banks to work with cryptocurrency

The initiative is part of efforts to implement the pan-European crypto regulation MiCA

FSB to develop incident reporting standard for banks working with cryptocurrencies

Feb 27, 2024

FSB to develop incident reporting standard for banks working with cryptocurrencies

The organization once again pointed to the threat to financial stability from crypto assets

Nigeria restricts access to crypto exchanges Binance and Coinbase

Feb 22, 2024

Nigeria restricts access to crypto exchanges Binance and Coinbase

The ban is aimed at slowing down speculative activity with digital assets in the country

Nigeria is preparing to ban crypto exchanges in order to stabilize the national currency

Feb 22, 2024

Nigeria is preparing to ban crypto exchanges in order to stabilize the national currency

This is because the country is facing one of the worst cost of living crises in recent years

Hong Kong regulator has developed standards for tokenization and custody of digital assets

Feb 21, 2024

Hong Kong regulator has developed standards for tokenization and custody of digital assets

The regulator has also introduced requirements for institutions to manage conflicts of interest when dealing with digital assets

South Korean authorities will tighten regulation of crypto exchanges

Feb 12, 2024

South Korean authorities will tighten regulation of crypto exchanges

The Financial Intelligence Unit proposes to implement FATF rules to block suspicious crypto transactions during pre-trial investigations