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

Taiwan has implemented new AML regulations on crypto exchanges. Was it influenced by 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. According to the newly drafted Money Laundering Control Act and Terrorism Financing Prevention Act […]

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French Regulators, Central Bank Distance Themselves From Tobacconists’ BTC Retail Plans

France’s regulators and central bank have reiterated warnings against the risks associated with cryptocurrencies. French stock market regulator, the Autorite des Marches Financiers (AMF), has jointly issued a warning with the country’s central bank and French Prudential Supervision and Resolution Authority (ACPR) recalling the risks associated with “speculative” crypto assets. The warning was posted as […]

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Abu Dhabi Bank Reports ‘First’ Blockchain-based Transaction of ‘Sharia-Compliant Bonds’

Al Hilal Bank has completed “the world’s first sukuk transaction” using blockchain technology. Al Hilal Bank, based in Abu Dhabi, the United Arab Emirates (UAE), has announced it has completed “the world’s first sukuk transaction” with the use of blockchain technology, Reuters reports Nov. 26. Sukuk, a legal instrument also known as “sharia compliant” bonds, […]

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Hodler’s Digest, Nov. 19–25: SIX Launches Multi-Crypto ETP, BCH’s Hard Fork Remains Contentious

KPMG releases a report that remains bullish on cryptocurrencies, while Bakkt announces a target launch date for the end of January. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]

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Galaxy Digital’s Mike Novogratz: Cryptocurrency Markets Will ‘Flip Next Year’

Mike Novogratz, founder of crypto bank Galaxy Digital, expects the prices of cryptocurrencies to “start moving again next year.” Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23. During the interview, Novogratz said that […]

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