Category: Regulations

  • Thai SEC Expects to Approve Country’s First ICO Portal This Month

    Thai SEC Expects to Approve Country’s First ICO Portal This Month

    Thailand’s Securities and Exchange Commission (SEC) has reportedly revealed that it expects to approve the country’s first portal for initial coin offerings (ICOs) this month, with ICO approvals to follow. According to the country’s crypto regulation, a portal’s role is to examine companies planning to launch an ICO. Also read: Yahoo! Japan Confirms Entrance Into the…

  • Mauritius Regulator to Provide Licenses to Digital Asset Custodians

    Mauritius Regulator to Provide Licenses to Digital Asset Custodians

    The authorities in the island nation of Mauritius plan to start issuing custodian licenses to companies holding digital assets on behalf of clients. The financial regulator said the existing licensing regime is not suited for that purpose, although licensees under the new rules will have to comply with similar requirements.        Also read: Abu Dhabi…

  • Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets

    Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets

    The Abu Dhabi Securities Exchange has released a paper aimed at creating the infrastructure necessary to accommodate transactions with cryptocurrency-based assets and facilitate the implementation of distributed ledger technologies in the emirate. The platform wants to support financial institutions in their efforts to introduce services related to innovative investment instruments. Also read: Professional Course Prepares…

  • Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine

    Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine

    In this edition of Exchanges Roundup, we look at a Luno executive’s belief that the South African government will introduce “open” crypto regulations. We also focus on Bitstamp, which expects a 1250x increase in matching speed after it integrates a customized version of Cinnober’s trading engine software into its platform, as well as the motivation behind a…

  • Regulations Roundup: Ebang IPO Challenged by Probe, Plattsburgh Passes Mining Guidelines

    Regulations Roundup: Ebang IPO Challenged by Probe, Plattsburgh Passes Mining Guidelines

    In recent regulatory news, a criminal investigation may prevent Ebang from conducting an initial public offering, Plattsburgh has passed new regulations governing commercial mining operations, and Ron Paul has endorsed precious metals and cryptocurrencies as a viable alternative to fiat currency. Also Read: Another Token Project Launches on the Bitcoin Cash Network Criminal Accusations Pose Hurdle to…

  • Arbitrators to Resolve Disputes in the Russian Cryptocurrency Industry

    Arbitrators to Resolve Disputes in the Russian Cryptocurrency Industry

    A leading industry organization in Russia has decided to establish an arbitration body to look into disputes within the digital economy, including matters related to cryptocurrency transactions, as well as rights and responsibilities in token sales and the implementation of smart contracts. Also read: Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years Industry Organization…

  • South Korea Cracks Down on Unauthorized Cryptocurrency Funds

    South Korea Cracks Down on Unauthorized Cryptocurrency Funds

    South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. Also read: Yahoo! Japan Confirms Entrance Into…

  • Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry

    Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry

    Russia’s Federal Financial Monitoring Service has revealed that it will regulate cryptocurrency-related transactions in the country, with a senior official saying that the agency will also oversee the broader cryptocurrency industry, in accordance with recommendations issued by the Financial Action Task Force (FATF). Also read: Ukraine Plans to Fully Legalize Cryptocurrencies Within Three Years Rosfinmonitoring…

  • China Seeks Public Feedback on Draft DLT Regulations

    China Seeks Public Feedback on Draft DLT Regulations

    The Cyberspace Administration of China (CAC) has announced that it will accept public feedback through Nov. 2 on draft rules it recently published to regulate blockchain projects, but the proposed legislation has already drawn a mixed response from distributed ledger technology (DLT) analysts. Also Read: Bitstamp Confirms Acquisition by South Korean Company Strict Rules for DLT Users…

  • Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians

    Regulations Roundup: Cryptocurrency Campaign Donations, US Judge Warns Malaysians

    In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and…