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regulation

Abendum auditing software joins Norwegian regulatory sandbox
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21 February, 2022

Abendum auditing software joins Norwegian regulatory sandbox

According to the Financial Supervisory Authority of Norway, one of the reasons it selected Abendum's software was to assess the...
FCA concerned about Binance’s backdoor re-entry into UK payments network
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21 February, 2022

FCA concerned about Binance’s backdoor re-entry into UK payments network

Binance announced a partnership with Paysafe that once again gives it access to the U.K. payments network, having lost it...
UAE to license digital currency firms as local market skyrockets by 1,500%
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20 February, 2022

UAE to license digital currency firms as local market skyrockets by 1,500%

According to sources from within the government, a licensing regime for VASPs will be ready by the end of the...
Russia finance chief: Banning Bitcoin is like banning the Internet
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20 February, 2022

Russia finance chief: Banning Bitcoin is like banning the Internet

According to the Finance Minister Anton Siluanov, Russians are best served by a well-regulated digital currency industry not by a...
South Korea regulator to enhance supervision over digital currencies, NFTs, metaverse
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19 February, 2022

South Korea regulator to enhance supervision over digital currencies, NFTs, metaverse

The Financial Supervisory Service will become more stringent with the digital assets sector as it booms in South Korea, including...
El Salvador prez Nayib Bukele warns US he’s the only one allowed to ruin his country
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18 February, 2022

El Salvador prez Nayib Bukele warns US he’s the only one allowed to ruin his country

El Salvador’s authoritarian president is none too pleased with U.S. politicians’ plan to monitor his country’s half-baked adoption of the...
Digital currencies are ‘akin to Ponzi Schemes’: RBI deputy
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18 February, 2022

Digital currencies are ‘akin to Ponzi Schemes’: RBI deputy

Deputy Governor T. Rabi Sankar at the Reserve Bank of India likened digital currencies to Ponzi schemes and said banning...
US Treasury: Digital currency miners, stakers and coders won’t be considered brokers
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17 February, 2022

US Treasury: Digital currency miners, stakers and coders won’t be considered brokers

The U.S. Treasury letter says that coders, stakers, and miners wouldn't have access to information about the sales of securities...
Kraken CEO Jesse Powell’s support for Canadian ‘trucker’ protests sparks regulatory blowback
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16 February, 2022

Kraken CEO Jesse Powell’s support for Canadian ‘trucker’ protests sparks regulatory blowback

The CEO of the Kraken exchange’s financial support for Canada’s anti-vaccine mandate protesters may be putting the entire cryptocurrency sector...
Tennessee lawmaker proposes bill allowing state to invest in digital assets
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16 February, 2022

Tennessee lawmaker proposes bill allowing state to invest in digital assets

Jason Powell wants the state to allow politicians to accept digital assets for campaign funds and to formulate and implement...
Canada gov’t urged to roll out welcome wagon for blockchain innovators
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15 February, 2022

Canada gov’t urged to roll out welcome wagon for blockchain innovators

Michelle Rempel Garner, Member of Parliament for the riding of Calgary Nose Hill, recently introduced Bill C-249, ‘an Act respecting...
Hong Kong to license local exchanges, but limits them to professional investors
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14 February, 2022

Hong Kong to license local exchanges, but limits them to professional investors

The Hong Kong government intends to amend the AML and CFT regulations to recognize exchanges legally but plans to limit...