A mission from the IMF has judged that the growth of blockchain in Malta has created significant risks of money laundering and terrorism financing. A mission from the International Monetary Fund (IMF) has judged that the growth of blockchain in Malta has created significant risks of money laundering and terrorism financing in the island’s economy. […]
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The South African Reserve Bank’s latest cryptocurrency report has led to a positive outlook for the sector in the country. A working group of South African financial regulatory organizations has released a consultation paper focused on cryptocurrencies, calling for public input to develop a cryptocurrency regulation policy for the country. This latest consultation paper is […]
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Cryptocurrency exchange Huobi has relaunched as a fully licensed platform in Japan after merging with BitTrade. On Jan. 17, Singapore-based cryptocurrency exchange Huobi, one of the largest players on the market, relaunched as a fully licensed platform in Japan after merging with the BitTrade exchange. Branching out to Japan, where compliance is valued and many […]
Continue ReadingThe Organisation for Economic Cooperation and Development stated that regulators should facilitate the development of ICOs. The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15. The document calls for regulatory clarity and […]
Continue ReadingSouth African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto. The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official […]
Continue ReadingNewly launched Belarus-based platform will allow traders to buy shares and other traditional assets with digital currencies. Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other traditional assets, Reuters reported Jan. 15. The project is reportedly backed by two companies, Larnabel Ventures and VP Capital. According […]
Continue ReadingThe team behind a Marshall Islands’ state-issued crypto have revealed that they are still committed to the project. A national cryptocurrency for the Marshall Islands is still being actively developed, despite previous disagreements among government officials on the subject, a blog post from the team behind the coin revealed Jan. 10. In the recent post, […]
Continue ReadingPreviously targeting a launch on Jan. 24, Bakkt has acquired certain assets at futures commission merchant Rosenthal Collins Group. Bakkt, the digital assets platform backed by the New York Stock Exchange (NYSE), has acquired certain assets in futures commission merchant Rosenthal Collins Group (RCG). The acquisition was announced in a Medium post on Monday, Jan. […]
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Seven applications will be either approved or rejected within two months, according to data recently released by the agency. According to new insight into the Japanese financial agency’s review process of companies applying for a cryptocurrency exchange license, seven applications will be either approved or rejected within two months. Cointelegraph Japan reported on this development […]
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The CEO of Circle says the biggest regulatory hurdle facing the industry today is the lack of clarity over crypto and securities laws. CEO and co-founder of Goldman Sachs-backed crypto finance company Circle has said the biggest regulatory hurdle facing crypto today is the lack of clarity from the United States securities regulator over how […]
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