2024-8-22 15:25 |
Hong Kong's SFC finds deficiencies in some "deemed-to-be-licensed" crypto exchanges, risking their licensing status amid tightened regulations. origin »
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Hong Kong’s crypto hub ambitions face hurdles as more than a dozen exchanges struggle to secure full licenses due to regulatory concerns. Cryptocurrency exchanges in Hong Kong seem to be grappling with challenges in securing full licenses as the city…
2024-8-22 09:25 | |
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Hong Kong, a financial hub with a burgeoning interest in cryptocurrency, is undergoing a regulatory shakeup. The Securities and Futures Commission (SFC) has flexed its muscles, forcing unlicensed crypto businesses to exit the market and tightening the grip on those seeking licenses.
2024-6-1 17:00 | |
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Two prominent global exchanges’ subsidiaries — Gate. io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days. This decision reflects a broader trend, as eight firms—including exchanges backed by Binance and HTX—have also abandoned their licensing efforts in the city-state, according to a notice on the […] The post Crypto exchanges Gate.
2024-5-26 21:20 | |
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The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto exchanges. The watchdog made the proposal in its latest consultation report for Nigeria.
2024-5-11 01:45 | |
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Hong Kong aims to bolster financial system's integrity and protect investors from fraud
2024-2-8 15:56 | |
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Сообщение Australia Unveils Plans for Fresh Licensing Framework for Cryptocurrency Exchanges, Targets Draft Legislation by 2024 появились сначала на Coinstelegram.
2023-10-17 19:39 | |
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Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out by 2024. A consultative process seeks input from stakeholders and the public on 32 key regulatory themes.
2023-10-16 09:20 | |
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Australia expects to release a draft legislation which covers licensing and custody rules for crypto asset providers by 2024.
2023-10-16 08:20 | |
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Australian crypto exchanges have largely praised the Treasury’s latest proposal to place crypto exchanges under the existing financial services license regime, though some worry it could put the crypto industry into a TradFi-shaped box.
2023-10-16 07:43 | |
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Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements.
2023-8-8 21:45 | |
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The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
2023-8-4 15:14 | |
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South Africa plans to enforce licensing for crypto exchanges by the end of 2023, with potential actions against unlicensed operations including fines or closures. The post South Africa to Require Crypto Licenses for Exchanges by 2023 End appeared first on BeInCrypto.
2023-7-5 16:45 | |
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In a move to regulate the fast-growing crypto industry, South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has announced a year-end deadline for mandatory licensing of all crypto exchanges operating in the nation.
2023-7-4 16:30 | |
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Bybit has been licensed as a cryptocurrency exchange and custody provider in Cyprus. Cyprus licensing comes as exchanges prepare for the coming MiCA regulation. The UAE-based company recently exited the Canadian market.
2023-6-26 14:23 | |
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Crypto. com received an in-principle approval in Singapore last June. Coinbase and Blockchain. com are the other exchanges that have received in-principle approval in Singapore. Crypto. com has now been awarded Digital Token License in Singapore.
2023-6-1 13:23 | |
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According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”
2023-5-20 06:33 | |
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Hong Kong prepares to unveil its eagerly-awaited cryptocurrency licensing regime next month, aiming to solidify its position as Asia's top destination for crypto exchanges.
2023-4-27 19:06 | |
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The Hong Kong Securities Futures Commission (SFC) is said to be planning to unveil cryptocurrency exchange licensing guidelines next month. The plans were first reported by Bloomberg earlier today citing comments from the SFC’s CEO, Julia Leung.
2023-4-29 13:51 | |
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The Japan Financial Services Agency (FSA) has warned four cryptocurrency exchanges — including ByBit, BitGet, MEXC Global, and Bitforex — to cease offering service to country residents until they obtain the right licenses.
2023-4-3 15:00 | |
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On Wednesday, Australian opposition senator Andrew Bragg introduced a new bill to the country’s parliament to implement a licensing regime for crypto exchanges. If passed, the bill would require Australian crypto exchanges to obtain a license to operate legally, bringing them in line with other financial service providers in the country who are also subject […]
2023-3-30 01:00 | |
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Hong Kong’s Securities and Futures Commission calls for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors.
2023-2-21 12:11 | |
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The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.
2022-12-9 12:38 | |
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The legislation seeks to establish clearer guidelines for mining, taxes and licensing for service providers such as exchanges in the region.
2022-10-13 19:08 | |
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The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California.
2022-9-1 12:37 | |
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Authorities explained it by the lack of licenses on trading platforms. Officially, licensing of cryptocurrency exchanges has been introduced in Uzbekistan for several years, and the first “legal” exchange began working there as early as January 2020.
2022-8-13 17:37 | |
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Swyftx co-CEO Ryan Parsons echoed the calls from the FPA, noting that “Our preference is for crypto platforms to operate within the existing financial services licensing framework.”
2022-7-16 11:29 | |
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The potential deal comes ahead of legislation that would require proper licensing for overseas crypto exchanges operating in Brazil.
2022-3-15 19:39 | |
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Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibrancy of the industry down under.
2021-11-23 05:06 | |
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In what seems like a further crackdown on freedoms in Hong Kong, the Securities and Futures Commission (SFC) said Bitcoin exchanges operating in the territory should be subject to licensing. The SFC proposal seeks to enforce the ruling by levying heavy fines and tough prison sentences on non-compliant persons.
2021-5-27 03:00 | |
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Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report.
2021-5-22 19:42 | |
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Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments.
2021-1-9 17:45 | |
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Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong.
2020-11-4 15:35 | |
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In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing.
2020-5-1 01:21 | |
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OKCoin, one of the oldest exchanges in China, has secured crypto licensing in Japan
2020-3-31 23:19 | |
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Modulus, a US-based developer of high-performance trading and surveillance technology for global equities, derivatives, and digital asset exchanges, today announced that it has had great success in accepting blockchain payments in bitcoin (BTC) from clients for services rendered in the licensing and servicing of its proprietary white-label digital asset exchange.
2020-3-18 02:57 | |
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Binance a crypto exchange is set to offer white label infrastructure for local exchanges that would allow small crypto exchanges to prioritize registration and licensing as it would take care of the security and scalability concerns.
2020-2-18 15:15 | |
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The Monetary Authority of Singapore (MAS) has announced the commencement of the city-state’s new Payment Services Act. The law mandates the implementation of a licensing regime that applies to payment providers, exchanges and other platforms dealing with cryptocurrencies.
2020-1-29 04:20 | |
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The island country hosts Binance and OKEx, and may soon introduce a licensing regime.
2019-12-3 17:23 | |
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Hong Kong has introduced new measures that seek to officially regulate the crypto exchanges operating within the city. The Securities and Futures Commission (SFC) in Hong Kong made public a draft regulatory regime on Nov 6, 2019, which will see the securities regulator grant operating licenses to crypto exchange firms, the Medium reports. Last year, […]
2019-11-7 22:21 | |
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A set of cryptocurrency firms have banded together to create a “Crypto Rating Council” to help classify digital assets — but it unlikely to mean much. Founded by prominent exchanges like Coinbase, Bittrex, and Kraken, the group aims to rate digital assets from 1 to 5.
2019-9-30 19:14 | |
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Reports from media sources in South Korea say the country’s top financial regulator plans to directly oversee the regulation of local Bitcoin exchanges, August 7, 2019. This move likely includes the creation of registration and licensing requirements for South Korean crypto bourses.
2019-8-8 09:00 | |
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Crypto exchanges are passing Japan’s licensing scheme as figures reveal a total of 23 in pipeline
2019-3-29 13:03 | |
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Banking and security department of Pennysliva have ruled out money transmitter licensing for crypto exchanges and service operators operating in the state. This was revealed in a new guideline published for digital currency businesses.
2019-1-24 14:40 | |
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Financial authorities in the Netherlands plan a licensing scheme for crypto exchanges and wallet providers to lower the risk of financial crimes.
2019-1-22 12:00 | |
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Authorities in the Netherlands want to force cryptocurrency exchanges and crypto service providers to obtain licenses that would ban anonymous cryptocurrency trading, local news outlet Nederlandse Omroep Stichting (NOS) reported on January 18, 2019.
2019-1-22 06:00 | |
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Malta is fast becoming an international hot-spot for blockchain entrepreneurs, but reports have indicated two-thirds of applicants failed the licensing exam for operating cryptocurrency-related businesses.
2018-10-18 16:44 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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A new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws.
2018-9-7 17:35 | |
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In recent news pertaining to cryptocurrency exchanges, DDM Bitcoin has launched biometric authentication for Android users of its app, Fxcoin has hired former Deutsche Bank AG employee, Yasuo Matsuda, as a senior strategist, and Ironfx has estimated the company’s upcoming virtual currency exchange will launch during the fourth quarter of 2018.
2018-9-4 22:05 | |
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Cryptocurrencies are currently categorized as a "means of settlement" under the Payment Services Act, a designation that has governed their use primarily as a payment tool rather than as investment vehicles.
Brian Armstrong said recent policy shifts warrant a new push in the U.S., and president's working group chief Hines said Trump is delivering on crypto promises.
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