UK government to introduce crypto regulation bill by July

Apr 15, 2024

UK government to introduce crypto regulation bill by July

The document touches on aspects such as crypto exchange management, custodial services, and staking, among others

EU regulator says risks of high concentration in crypto market

Apr 11, 2024

EU regulator says risks of high concentration in crypto market

According to an ESMA report, 90% of crypto trading is accounted for by 10 exchanges

Dubai regulator to consider reducing financial burden on small crypto companies

Apr 11, 2024

Dubai regulator to consider reducing financial burden on small crypto companies

The CEO of VARA has admitted that compliance costs are too high

Korea will start confiscating cryptocurrencies from Bithumb and Upbit exchanges to pay taxes

Apr 8, 2024

Korea will start confiscating cryptocurrencies from Bithumb and Upbit exchanges to pay taxes

The initiative proposed by the Pohang city government to recover $4,87 million

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