Thailand to Change AML Laws to Regulate Cryptos

A recent report from BangkokPost revealed that Thailand regulator has announced that they will revise regulation laws to prevent cryptocurrency usages in illegal activities. Pol Maj Gen Preecha Charoensahayanon, the acting Secretary-General of the Thai Anti-Money Laundering Office (AMLO), said that cryptos will be used for money laundering. Because of the illicit …

Coinbase Launches Cryptocurrency Visa Debit Card

Cryptocurrency exchange, Coinbase launched a Visa Debit Card. The card makes customers in the United Kingdom and Europe encash their crypto balances. Customers will also have the ability to pay in-store, “in millions of locations”, also making payments through contactless, Chip & PIN, and also withdraw cash from ATMs. The …

Crypto Market Witnesses Boost As Bitcoin ETFs Get Approved By SEC

  The US Security Exchange Commission surprised the crypto market by affirming two Bitcoin-controlled trade exchanged assets (ETFs.) applications. US-based BTC fans are happily boosting the market upward. In the beginning of coming month, Bitwise is intended to launch Bitcoin exchange-traded funds with an investment management company, viz, VanEck. BTC …

Financial Authorities of UAE Conduct Crypto Asset and Fintech Forum

The United Arab Emirates Federation (UBF) and the Abu Dhabi Global Market (ADGM) conducted a combined forum on crypto assets and fintech, the official news outlet of UAE, Emirates News Agency reported on March 17. According to the report, the event was held in ADGM partnering with the UBF Compliance Committee, striving …

Central Bank Of Mexico Releases New Crypto Rules

The Bank of Mexico, which is also the central bank of Mexico, introduced a circular in the Official Gazette of the Federation on Friday elaborating crypto-related provisions for the regulation of financial technology institutions (ITFs). The CEO of Mexican crypto exchange Volabit, Tomas Alvarez explained that “A year ago a …

ICO and Crypto Regulations Set to Improve in Japan

The Japan Cryptocurrency Business Association (JCBA) has started contributing new ideas to improve the regulatory status of cryptocurrencies and ICO in the country. The trade group expressed their desire to work towards “the sustainable development of cryptocurrency businesses” in Japan. The group which consists of crypto exchanges, banks, insurance companies, …

Russia To Adopt Crypto Regulations Under Putin's Administration
Crypto Regulations

Russia To Adopt Crypto Regulations Under Putin’s Administration

Vladimir Putin has instructed his country’s government to adopt federal laws regarding cryptocurrencies by July this year. Previously, Russia included cryptocurrencies in their broad definition of “digital financial assets.” Putin Demands Clear Crypto Laws In Russia According, to a document published on the Kremlin Website on Wednesday, Putin has approved …

Indian Government Receives Deadline For Crypto Regulations

The Indian Government has reportedly received a deadline from the Supreme Court of India to produce cryptocurrency regulations. The Indian Government has four weeks to produce comprehensive cryptocurrency regulations before making its ruling on the pending crypto cases. The Indian Government Has Four Weeks On February 25, the Supreme Court …

Cryptocurrencies Unable to Replace Fiat Money: Chilean Central Bank
Crypto News

Cryptocurrencies Unable to Replace Fiat Money: Chilean Central Bank

The Central Bank of Chile (BCC) claims that cryptocurrencies are unable to substitute traditional money, according to a detailed report on crypto issued on February 7. The document, signed by the President of the central bank, Mario Marcel, was prepared upon request of the Tribunal de Defensa de la Libre …

Delay in Crypto Regulations May Create More Space for Technology
Crypto Regulation

Delay in Crypto Regulations May Create More Space for Technology

Last week a commissioner of the United States Securities and Exchange Commission (SEC) revealed that the delay in establishing crypto regulations might allow more freedom for the industry to move on its own. Heister Peirce, who is known as the “Crypto Mom” in the community for her disapproval for SEC’s decision …