crypto regulations

Hong Kong and Abu Dhabi to change their crypto regulations to comply with FATF

Hong Kong and Abu Dhabi Change Crypto Regulations to Align with FATF

On Feb 26, Hong Kong’s financial secretary Paul Chan stated that his administration will strengthen its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies regarding cryptocurrencies. In his recent budget speech, Chain indicated that the amendments will address recommendations made by the global financial watchdog, the Financial Action Task Force (FATF). New Regulations to affect […]

crypto tax exemption in Uzbekistan

Uzbekistan Prepares for Crypto Tax Exemption, Launches Uznex

Uzbekistan is preparing for a crypto tax exemption with a new presidential decree. The draft document published recently also includes proposals for the establishment of a blockchain valley. Again, it is also describing the licensing regime for cryptocurrency miners. The country has just released its first licensed crypto exchange. Crypto Tax Exemption Now in Uzbekistan […]

Ripple sends request letter to US Regulators for new crypto regulations

Ripple requests US Congress for new crypto regulations

Ripple, the blockchain payment network has made an open request to the US regulators for making supportive crypto regulations. It has signed an open letter to Congress making a request for fresh regulations. The letter has highlighted that it considers the importance of banks and policies for the monetary exchange system…

Crypto Wallet Abra

Crypto wallet Abra puts restrictions for its US users

Crypto wallet Abra has announced some major changes for its U.S. users due to “continued” regulatory uncertainty in the country. The company will migrate all digital currencies other than BTC, ETH, LTC, and BCH to a native hosted wallet solution. The U.S. users will no longer be eligible to hold QTUM, bitcoin gold (BTG), EOS, […]

The First Regulated Crypto Platform of Latin America

The First Regulated Crypto Platform of Latin America Is Here

At a time when regulators in Washington and other major countries are lashing cryptocurrencies, pleasing news has come for Mexico. The Gibraltar Financial Services Commission(GFSC) will start the regulation of the crypto trading platform Bitso from August 1. With this move, the platform has become the first regulated crypto platform of Latin America.