Central Bank of Bahrain Plans to Regulate Crypto
Crypto Regulations

Central Bank of Bahrain Plans to Regulate Crypto

The Central Bank of Bahrain (CBB) has issued draft rules for regulating crypto assets and specific aspects of the crypto industry of the country. The draft has been put forward with the intent to establish Bahrain as a regional leader in the crypto sector and secure its position as a …

CEX.IO Says No to Anonymous Crypto Trade
Crypto Regulations

CEX.IO Says No to Anonymous Crypto Trade

In an attempt to comply with the Fifth Anti-Money Laundering Directive in the European Union (EU), the United Kingdom’s CEX.IO has made it mandatory for its customers to reveal their identities. This development was announced through a press release. CEX.IO a self-regulated exchange was founded back in 2013. The only …

Indian Govt Panel Submits Advice For Crypto Regulation | Coindelite News
Cryptocurrency News

Indian Govt Panel Submits Advice For Crypto Regulation

The Indian government recently appointed a panel to suggest digital currency measures for creating the new legal framework. The panel has recently submitted its recommendations to the government. The document has not been made public yet, but still there a lot of speculations taking place by experts about what it …

U.S. Crypto Sector Being Crushed Under Regulations
Crypto News

U.S. Crypto Sector Being Crushed Under Regulations

According to a law professor at the University of Arkansas School of Law, Carol Goforth, the regulatory situation of the crypto space in the United States is “confusing!” The law professor believes, “overlapping regulations produced by a multitude of distinct agencies with different missions and priorities” has led to a …

Russian Economy Minister Comments On Bitcoin
Bitcoin News

Russian Economy Minister Comments On Bitcoin

The cryptocurrency space, in spite of its turbulence, has been a subject which drives significant international interest in a great number of projects in new fields, chiefly blockchain technology. In an investment forum, Russia Calling, organized by VTB Capital, the Russian Economy Minister, Maksim Oreshkin has said that despite Bitcoin’s …

Korea Introduces Bill For Promoting Crypto Trade
Crypto Regulations

Korea Introduces Bill For Promoting Crypto Trade

A bill has been introduced by South Korean lawmakers which focuses on promoting cryptocurrency trading and the development of cryptocurrency exchanges. It proposes a committee set up which would support and promote cryptocurrency trading.  Kim Sun-dong, Korean lawmaker and member of the National Assembly Political Committee made an announcement this …

Thai Govt Warns Against 14 Unauthorized Crypto Firms | Coindelite News
Crypto Regulations

Thai Govt Warns Against 14 Unauthorized Crypto Firms

Thailand’s Securities and Exchange Commission (SEC) has warned its citizens against 14 companies that provide cryptocurrency related services. The regulatory team says that these operators are not authorized to conduct digital currency-related business in the country.  According to the reports, as of now, only seven companies are temporarily approved for …

Supreme Court Of India To Hear Petitions Next Year | Coindelite News
Crypto Regulations

Supreme Court Of India To Hear Petitions Next Year

The Supreme Court of India has announced a new date to hear the petitions against the digital currency. As last year the Reserve Bank of India (RBI) banned other banks from working with cryptocurrency related firms. At the same time, the crypto community in the country is campaigning on social …

italian-authority-bans-unauthorized-crypto-firms/
Crypto Regulations

Italian Authority Bans Unauthorized Crypto Firms

Italian authorities are issuing strict rules against cryptocurrency companies. Recently, the Commissione Nazionale per le Società e la Borsa (CONSOB) ordered a ban on three cryptocurrency related firms that provide unauthorized investment services. The first company is named Richmond Investing has been violated by the Consolidated Law on Finance (TUF). TUF …

Indian Government To Regulate Cryptocurrencies | Coindelite News
Cryptocurrency News

Indian Government To Regulate Cryptocurrencies

The Indian government is finally planning regulations on cryptocurrencies such as Bitcoin, Ethereum by next month. The government recently published a document explaining the plans to regulate digital currencies. According to the reports, the regulatory body will be issuing new rules on cryptocurrencies under the guidance of Prime Minister Mr. …