Although the world-renowned Binance Exchange, which facilitates crypto-to-crypto transactions, has seen waning demand as of late, the startup has forged ahead and has made notable strides in the fiat-to-crypto realm.
Taiwan’s legislature has passed amendments to existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges. The development was reported by FocusTaiwan, the English language news website of Taiwan's national news agency, on Nov. 2.
The Securities and Futures Commission (SFC) of Hong Kong appears set to adopt a new approach to regulating the local cryptocurrency trading market. This announcement comes after the FSC chairman, Carlson Tong Ka-shing, said that Hong Kong needed a more robust regulatory framework for cryptocurrency trading.
Following in the steps of international counterparts, Indonesia is setting its sights on blockchain as an enabler of increased efficiency and greater transparency with applications currently being explored in areas and industries that include e-voting and agriculture.
The Thai Securities and Exchange Commission (SEC) has issued a warning about investing in nine digital tokens and Initial Coin Offerings (ICOs), which have not been accredited by the regulator, news outlet Bangkok Post reported Oct. 26.