Canadian House Finance Committee Recommends Crypto Regulation to Prevent Money Laundering
Cryptocurrency regulation has been recommended by the Canadian House Finance Committee to prevent money laundering Go to Source Powered by WPeMatico
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Report: France Accounts for Minor Part of Global ICO Market, While US Leads the Industry
French stock market regulator claims that France accounts for a minor part of the global ICO market, while the U.S. leads the industry Go to Source Powered by WPeMatico
FATF Guidelines Updated to Combat Money-Laundering and Terrorism Financing in Europe
Clear guidelines to fight money-laundering and terror-financing in crypto, expected in 2019 Go to Source Powered by WPeMatico
Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies
The Deputy Prime Minister of Thailand has called on regulators to tighten controls on cryptocurrencies both domestically and abroad Go to Source Powered by WPeMatico
Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services
Mauritius’ Financial Services Commission has released a draft regulatory framework for crypto custodian services Go to Source Powered by WPeMatico
‘Decentralized’ Exchange IDEX to Introduce Full KYC
IDEX, the world’s most popular decentralized exchange, is to transition to a full verification model. The move comes days after the platform began excluding residents of New York State as part of its compliance efforts. Its latest measure, described by IDEX as “pragmatic decentralization” has drawn ire from a segment of the cryptocurrency community. Also … Read more
Taiwan’s Legislature Amends AML, CFT Laws to Place New Requirements on Crypto Exchanges
Taiwan’s legislature has amended existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges Go to Source Powered by WPeMatico
Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank
A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines. This is reportedly the first time a Korean crypto exchange has taken legal action against a bank for blocking its transactions. … Read more
Unconfirmed Report: Miner Manufacturer IPO Halts Due to Alleged Illicit Finance Practices
The IPO of crypto mining equipment producer Ebang has been reportedly halted after the alleged illicit mishandling of $71 million, Chinese news outlet Sina Finance states Go to Source Powered by WPeMatico
Korea’s Top Financial Regulator: Crypto Exchanges Should Face ‘No Problems’ With Banks
The chairman of Korea’s financial regulator has affirmed that crypto exchanges should face no issues with banking provisions, provided they apply AML and KYC measures Go to Source Powered by WPeMatico
