Call us Contact us now
+44 (2038) 07 15 07

Search


FATF is planning to release International Crypto Regulation by next summer

...robably for digital wallet providers. Businesses offering financial services for initial coin offerings will also be involved, the report stated. The news was revealed after the FATF plenary meeting with officials from 204 countries to talk over crypto regulations and other related issues. FATF’s president, Marshall Billingslea, indicated June as the month when the guidelines and enforcem...

Path: Blog
China to become the first country to issue state-owned cryptocurrency

...crypto technologies were viewed with skepticism in this country. This is evidenced by the cryptocurrency ban which is still in effect. It worth noting that despite the digital currency is still formally banned in China, the government passed new crypto regulations which will come into effect on January 2020. The regulations introduce new standards for the function of cryptography. However, ...

Path: Blog
Japanese Officials Introduce New Amendments in Japan’s Crypto Laws

...ter condition officials try to limit fake businessmen and eliminate bad sources of information. This is an important addition as market manipulation is a real concern internationally. Despite the dreary state of the international markets, the new crypto regulations in Japan can help the crypto industry grow in the Asian region and Japan could be the blockchain capital of the region. This determ...

Path: Blog
Impact of New Legal Framework on Estonian Crypto Market

...d such experience, but this situation has raised serious consequences to local regulators. Therefore, it is clear that Estonia, with the great amount of Virtual Currency Provider licenses that were issued till the beginning of 2020, will amend their crypto regulations and ground rules regarding this matter. New Estonian framework introduced through the 5AMLD specially highlights AML field. Loca...

Path: Blog
EU and US propose legislative changes regarding digital asset industries

...th regulation purposes are to provide standardization, but the most important part of the rules is the European Commission’s objective to passport these standards across the borders of the EU. MiFID draft itself acknowledges the disparate state of crypto regulations in the EU. Few EU Member States have already implemented this regime to cover some crypto asset service providers or parts of th...

Path: Blog
Hong Kong Securities and Futures Commission changing its previous "opt-in" approach

Hong Kong’s Securities and Futures Commission (SFC) will stipulate the regulations of all cryptocurrency trading companies operating in Hong Kong’s jurisdiction. The following activities is an extension of the crypto regulations introduced by the SFC in November last year. Hong Kong is considered as the base of many major cryptocurrency exchanges, but until November 2019, they were not reg...

Path: Blog