All by tag: Crypto-regulation

Companies involved in cryptocurrencies will receive notices requiring detailed disclosure of hidden digital assets

South Korea’s National Assembly has frozen the adoption of a stablecoin law. The disagreements concern the role of fintech companies and the Bank of Korea

Possible penalties for non-compliance with the law include fines of up to $50 000 or imprisonment for up to 5 years

The SEC’s new approach differs from that of former agency head Gary Gensler, who considered most tokens to be securities

The state has become the first in the Midwest to introduce strict rules for crypto exchanges and ATMs

The US State Department has offered a reward of up to $5 million for assistance in arresting Garantex senior executives

Rules affect cold wallet operations and real-time threat monitoring

Issuers of fiat-pegged assets must obtain a license from the Central Bank

The changes will affect sellers of assets on domestic and foreign exchanges

Officials cited the Financial Services Commission’s 2017 rules

The document regulating the issuance of stablecoins has already been sent for Trump’s signature

The rules will come into full force from July 2027