2023-5-23 12:14 |
In a bid to align its legal framework with global standards, Japan's Cabinet has decided to implement stricter anti-money laundering measures, specifically targeting cryptocurrency asset transactions. origin »
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New York Attorney General Letitia James has introduced a new legislative proposal to regulate the cryptocurrency industry and safeguard investors. Known as the CRPTO Act, the said regulation proposes several measures, such as requiring independent auditing and the publishing of financial statements by crypto companies, preventing individuals who own crypto exchanges from also owning the […]
2023-5-8 19:48 | |
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The growth and increasing cryptocurrency adoption have brought different reactions in many places. Some are entirely embracing the industry and its numerous opportunities with innovative ideas. But some are retracing their steps within the crypto space using stricter regulatory measures.
2022-10-31 15:33 | |
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The Bank of England has called for stricter measures to prevent financial risks posed by digital assets even as the global cryptocurrency industry market cap gets slashed by over half.
2022-7-7 17:20 | |
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Polygon is currently implementing stricter customer information for all potential collaborations for legal entities resident in India as the country’s regulatory scrutiny increases. According to an individual with valid information on the matter, the Layer 2 (L2) side chain now demands thorough Know Your Customer (KYC) information.
2022-6-2 11:00 | |
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Panama’s President Laurentino Cortizo said he will not sign the new cryptocurrency bill until it provides provisions for stricter anti-laundering controls, Bloomberg News reported on May 19.
2022-5-20 17:30 | |
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The president of Panama has refused to sign into law new crypto legislation saying it needs stricter anti-money laundering (AML) compliance measures. The post Panama President Wants AML Measures in Place Before Signing Crypto Law appeared first on BeInCrypto.
2022-5-19 13:30 | |
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The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.
2021-10-17 20:30 | |
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The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank.
2021-2-9 05:30 | |
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The French council of ministers has approved a series of new measures to combat the anonymity of cryptocurrency transactions. Anonymous accounts are banned at crypto exchanges which must now impose stricter know-your-customer requirements.
2020-12-14 06:30 | |
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The EU parliament has been quite progressive in defining crypto legally compared to the global pace. This body adopted the current 5AMLD crypto governing infrastructure back in 2018. At the time, they were moving to enforce stricter KYC/AML laws to curb illegal activities within the crypto markets.
2020-4-11 19:02 | |
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The International Organization of Securities Commission (IOSCO) is calling on global regulators to get tougher on crypto exchanges. IOSCO Has Money Laundering Concerns The international watchdog IOSCO has cautioned regulators this week to look into how cryptocurrency exchanges assess their investors.
2020-2-13 20:00 | |
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Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium.
2019-11-6 20:00 | |
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Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months.
2019-8-14 22:25 | |
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The Japan Virtual Currency Exchange Association will set a new ceiling on the number of cryptocurrencies to be managed online. This ceiling could be imposed at 10 to 20 percent of total customer deposits.
2018-10-2 19:49 | |
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Dubai security chief noted that stricter measures need to be put in place for cryptocurrency laws, to ensure investors’ protection. The Use of Cryptocurrency in Electronic Crimes Assistant-Commander of the Criminal Investigation Department (CID), Major-General Khalil Ibrahim Al Mansouri, said that the public was not enlightened on the dangers of virtual currency.
2018-9-19 19:07 | |
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The European Union (EU) is reportedly gearing up for a fresh round of talks concerning cryptocurrency regulation. This move comes after the EU parliament in July advised the EU not to ban cryptocurrencies.
2018-8-31 01:00 | |
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For long, money laundering has been linked to terrorism and other numerous criminal activities. This time around, the European Union is taking steps to introduce stricter measures to stem the vice.
2018-7-13 22:27 | |
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The next generation of institutions in Europe won’t just hold Bitcoin, they will benchmark themselves against it.
Animoca Brands has taken a new step in its regulatory plans after receiving early approval to pursue a fund management license in Abu Dhabi. Animoca Brands is advancing its regulated strategy after receiving initial approval to establish a fund management…
The case highlights the tension between privacy in cryptocurrency and regulatory efforts to curb illicit financial activities. The post Samourai Wallet’s William Hill receives 4-year sentence for money laundering involvement appeared first on Crypto Briefing.
BlackRock's move signals growing institutional interest in Ethereum staking, potentially boosting mainstream adoption and regulatory clarity. The post BlackRock registers iShares Staked Ethereum Trust ETF in Delaware appeared first on Crypto Briefing.
Since the demand of customers is valid, asset managers may have no choice but to bank on crypto and crypto native solutions.
The potential legislation could significantly shape U.S. crypto regulation, impacting global market dynamics and innovation leadership. The post Senate Banking and Agriculture committees expected to vote on crypto market structure bill next month appeared first on Crypto Briefing.
This move could accelerate the integration of cryptocurrencies into traditional finance, influencing future municipal funding strategies. The post New Hampshire okays $100M municipal bond backed by Bitcoin appeared first on Crypto Briefing.