Tag: Regulation

Malaysia’s Finance Minister: Crypto Regulation to be Enforced in Q1 2019

Malaysian Finance Minister Lim Guan Eng has revealed that a new set of comprehensive regulations guiding the activities of crypto exchanges and ICOs will come into effect in Q1 2019.

Malaysia Plans to Enact Crypto Regulation in Q1 2019, Finance Minister Reports

Malaysia will enact regulations for cryptocurrency and Initial Coin Offerings (ICO) in Q1 2019, local English-language news media outlet The Star reported Nov. 28.

Crypto Investor Alludes To China’s “Love-Hate” Relationship With Bitcoin And Blockchain

China has a convoluted history with bitcoin, crypto, and blockchain technology. During a recent interview with CNBC, one investor described how China has a “love-hate” relationship with crypto.

Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?

On November 2, Taiwan officially tightened anti-money laundering (AML) policies targeted at crypto exchanges, requesting exchanges to monitor and prevent any illegal transaction processed using digital assets.

Malaysia’s Finance Minister Says Crypto Issuance Must Defer to Central Bank

Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet the New Straits Times (NST) Nov. 26. The finance minister outlined his stance in response to a question from parliamentary member Dr ...

Huobi Receives Gibraltar DLT License

Cryptocurrency exchange Huobi has received a Distributed Ledger Technology (DLT) license from Gibraltarian authorities according to a statement released by the British territory’s financial regulator this Monday.

Hong Kong Regulation Set to Benefit Custody Company Invault

Cryptocurrency custody services company InVault, from Shanghai, has launched in Hong Kong just in time to take advantage of the special administrative region’s new rules for cryptocurrency exchanges and asset managers. 

Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

India’s supreme court has set a new date to hear the petitions against the cryptocurrency banking ban by the country’s central bank.

Singapore Grants RMO License for CapBridge to Operate New Security Exchange

Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018.

Thailand Proves Crypto Can Win Adoption Even in Military Dictatorships

Since May 2014, Thailand has been under the control of a military dictatorship. And given that the coup, led by the Royal Thai Armed Forces, brought internet censorship, a suspension of the Kingdom's constitution, and a disbanding of its senate, casual observers would be forgiven for supposing that the Southeast Asian country is now possibly one of the least favorable places on Earth for the use and development of technological innovations.

Iran’s International Sanctions Causes Binance to Issue Warning to Crypto Traders to Move Assets

In Iran, there are many international sanctions that they must comply with to function. As such, Binance issued a piece of advice to users in the area – withdraw your assets.

Japan Wants to Regulate Crypto Wallets, Breach of User Privacy?

Crypto wallet users in Japan may have to reveal their identities as the country’s top financial watchdog prepares a law for it.