2023-11-21 12:19 |
The country hopes to align local requirements with those proposed by international banking regulators. origin »
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Russia’s Ministry of Economic Development has proposed a bill on “regulatory sandboxes” that seeks the legalization of blockchain and cryptocurrencies, according to local media agency Izvestia. Sandbox Participants Will Be Exempted From Certain Requirements The bill on “regulatory sandboxes” was submitted last week to the State Duma (Russia’s parliament).
2020-3-25 19:41 | |
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The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets.
2020-3-8 23:40 | |
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Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses.
2019-8-8 09:00 | |
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Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.
2019-6-14 04:03 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet.
2018-12-29 02:01 | |
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The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency. Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility.
2018-11-14 02:00 | |
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Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market.
2018-9-14 22:25 | |
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The President of Uzbekistan, Shavkat Mirziyoyev, recently signed a decree that permits the existence of cryptocurrency exchanges and other activity surrounding the industry, according to local media.
2018-9-7 22:19 | |
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A new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws.
2018-9-7 17:35 | |
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Lawmakers have previously favored ‘prohibitive’ capital requirements to keep unbacked crypto assets out of the banking system
A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.
The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins.
The Basel Committee on Banking Supervision has warned that the growth of cryptocurrencies poses a number of risks to banks.
The DTCC has laid out guidelines for the post-trade processing of tokenized securities, aimed at market participants and regulators.
