Tag: regulations

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Singapore Introduces New License Rules for Overseas-Focused Crypto Firms

Singapore to license crypto firms serving only foreign clients from June 30. Licenses granted rarely, prompting firms to shift operations outside Singapore. The...

UK FCA Proposes to Lift Ban on Crypto ETNs for Retail Investors

FCA plans to lift crypto ETN ban for retail investors. New rules limit cETNs to FCA-recognized trading exchanges only. Strict promotion rules stay...

South African Judge Slams Outdated Crypto Laws

Judge Motha criticizes SARB for using apartheid-era crypto laws. Court urges urgent legal reform to address digital asset regulation. South Africa risks falling...

Bit2Me and Cecabank Launch Crypto Platform for EU Banks

Bit2Me and Cecabank launch a MiCA-compliant crypto platform for EU banks. The platform offers secure crypto custody, trading, and order transmission services. Cecabank...

Pakistan Launches Digital Assets Authority to Regulate Crypto and Finance

Pakistan forms PDAA to regulate crypto and modernize digital finance. New authority to monitor exchanges, wallets, DeFi, and token platforms. PDAA aims to...

Russia Moves to Seize Crypto in Criminal Cases

Russia’s Ministry of Justice drafts a bill to classify crypto as property for seizure in criminal cases. The bill allows investigators to confiscate...

Crypto.com Expands in Europe with New MiFID License

Crypto.com secures MiFID license, expanding its services across European markets. Users can now access stocks, derivatives, and CFDs via Crypto.com. The company now...

Russia Tightens Grip on USDT, Permits Cross-Border Crypto Use

Russia's new rules exclude USDT from domestic use due to sanctions risks.  Cross-border crypto transactions, including USDT, remain legal for international trade. The Central...

Australian Regulator Fines Crypto Firm Cointree $75K

Cointree was fined AUD 75K by AUSTRAC for delayed SMR reporting. AUSTRAC praises Cointree’s cooperation, urges industry to improve compliance. Timely suspicious activity...

UK to Enforce Strict Crypto Reporting Rules from 2026 to Fight Tax Evasion

UK to enforce strict crypto reporting rules from 2026 to curb tax evasion. Crypto platforms must collect detailed user data or face fines...

U.K. to Regulate Crypto Firms Like Traditional Finance

The U.K. plans crypto rules aligning with traditional financial sector standards. Crypto law completion set for 2025 despite innovation concerns. The U.K. government has...

Circle Denies Seeking U.S. Banking License, Urges Clear Regulations

Circle denies reports of seeking U.S. banking license. Circle urges clear U.S. stablecoin legislation, rejects banking status. Circle, one of the world’s largest stablecoin...