Latest News on Regulation

Regulation

EU's ESMA Wants Public Input on Proposed DLT Regulation

The European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.

Godfrey Benjamin

Jan 06, 2022

| 2 Min Read

#EUROPEAN UNION #EU #ESMA #DLT #REGULATION

Regulation

Estonia to Strengthen Supervision of Virtual Asset Service Providers

Estonia has recently considered enacting new rules on encryption and proposed draft legislation that will strengthen the supervision of virtual asset service providers.

Annie Li

Jan 04, 2022

| 2 Min Read

#BLOCKCHAIN #BITCOIN #REGULATION #ESTONIA #CRYPTO #VIRTUAL ASSET SERVICE PROVIDERS

Regulation

Ontario Securities Commission Criticizes Binance for Incomplete Registration

The Ontario Securities Commission (OSC) of Canada stated that Binance has not yet obtained the legal operating qualifications for the province of Ontario.

Annie Li

Dec 31, 2021

| 2 Min Read

#BLOCKCHAIN #BITCOIN #BINANCE #REGULATION #POLICY #CANADA #OSC #ONTARIO

Regulation

Turkey's Concern for Crypto Mounts, Races to Implement Long-Awaited Regulation

Following confirmation that the long-awaited crypto regulation is ready by the Turkish President, Recep Tayyip Erdoğan, stakeholders in the country want the regulations to be implemented as soon as possible.

Godfrey Benjamin

Dec 31, 2021

| 2 Min Read

#TURKEY #CRYPTO #REGULATION #TAX

Regulation

Indian Securities Regulator Urges Mutual Fund Companies To Avoid Investing In Crypto, Until Regulations Set In

SEBI urges mutual fund companies in India to avoid investing in cryptocurrencies as the government is still considering new crypto rules.

Nicholas Otieno

Dec 30, 2021

| 2 Min Read

#SEBI #INDIA #MUTUAL FUND #CRYPTOCURRENCIES #CRYPTO #REGULATION

Exchanges

Binance Trading Platform Licenses in Bahrain, Canada

The year 2021 is finally going to end on a great note for Binance, the world’s largest cryptocurrency exchange, as it has secured double licenses from the Central Bank of Bahrain (CCB) and Canada.

Godfrey Benjamin

Dec 28, 2021

| 2 Min Read

#BINANCE #CHANGPENG ZHAO #REGULATION #MONEY SERVICE BUSINESS

Regulation

Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks

Japan’s FSA is working on a legislation that is set to be introduced next year. The regulations seek to make it only wire transfer companies and banks can issue stablecoins.

Nicholas Otieno

Dec 07, 2021

| 2 Min Read

#JAPAN #REGULATION #STABLECOIN #ISSUANCE #BANKS

Regulation

Indian Government Affirms to Regulate Digital Currencies instead of Banning

Affirming the prior speculations on the concerted efforts of the Indian parliament and government to regulate the developing world of cryptocurrencies.

Godfrey Benjamin

Dec 03, 2021

| 2 Min Read

#INDIAN GOVERNMENT #RESERVE BANK OF INDIA #CRYPTO BAN #REGULATION

News

South Korea Plans to Suspend Crypto Taxation Until 2023

Crypto investors in South Korea might have a sigh of relief because the government intends to delay imposing crypto taxation until 2023.

Brian Njuguna

Dec 01, 2021

| 2 Min Read

#SOUTH KOREA #CRYPTOCURRENCIES #CRYPTO #REGULATION #EXCHANGES #TAXATION

CBDC:Asia

India Reportedly Postpones to Test Digital Rubee in Q1 in 2023, Amid Banning Private Cryptos

Reportedly, the Indian government has postponed the trial date of testing digital Rubee until Q1 of 2023, the digital form of central bank digital currency (CBDC), according to local media outlets.

Annie Li

Nov 25, 2021

| 3 Min Read

#BLOCKCHAIN #BITCOIN #INDIA #REGULATION #CBDC