Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance.
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.
Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation
Gemini will be restricting its UK users to sending only to 58 virtual asset service providers that are registered under the Travel Rule starting Nov. 17. A Trezor analyst argues the measures will go against the principles of Bitcoin and financial freedom.
Dubai Regulator Suspends Crypto Exchange BitOasis’ Conditional License
BitOasis said it’s working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.
HashKey Group to Debut Regulated Exchange in Second Quarter
The exchange will be open to professional investors and the company is preparing to welcome retail users in “coming months.”
HashKey Group to Debut Regulated Exchange in Second Quarter
The exchange will be open to professional investors and the company is preparing to welcome retail users in “coming months.”
Hong Kong’s crypto rules set a high bar for ‘good reason,’ says SFC advisor
Lucy Gazmararian, an advisory board member to Hong Kong’s securities regulator said its crypto rules may present short-term challenges to crypto startups.
Irish MEP calls for stringent crypto regulations in Europe
One Irish MEP wants even stricter stablecoin and crypto regulations in Europe.
Irish crypto firms must comply with money laundering laws for the first time
It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland.