crypto firms

bitcoin businesses in India

Indian Ministry Reveals Investigations into Bitcoin Businesses

A filing submitted in the lower house of India’s parliament – the Lok Sabha – has revealed an investigation into fraudulent practices by so-called “bitcoin companies” operating in the country. An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered by Minister of State for Finance and Corporate Affairs Anurag Thakur on […]

fca releases revised fee structure for crypto businesses in UK

UK’s FCA Revises Crypto Business Registration Fee

Following a series of consultative forums with the virtual assets community, UK’s Financial Conduct Authority (FCA) has recently revealed that its revising crypto businesses registration fee upwards. This regulator has henceforth rolled on two distinct registration fees for crypto-based businesses. According to reports, the registration fee structure has revised based on a round table meeting […]

Singapore Law requires crypto firms to be licensed in the country

New Singapore Law Requires Crypto Firms to Be Licensed in the Country

New Singapore law has come into force today. It requires all crypto firms and businesses operating in the country to get registered and licensed. Singapore Payment Service Act was first passed in early January 2020 and is enacted now. The Monetary Authority of Singapore (MAS) announces the news on Tuesday. According to the act, it […]