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regulation

Revolut secures financial service license for Australia operations
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30 May, 2020

Revolut secures financial service license for Australia operations

Revolut began operating in Australia in 2019 under a special exemption granted by the Australian financial regulator ASIC.
Reserve Bank of India green-lights banking for digital currency businesses
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29 May, 2020

Reserve Bank of India green-lights banking for digital currency businesses

India’s central bank has addressed the current ban on banks servicing the sector, noting that “no such prohibition exists.”
Digital currency regulation bill passes Antigua’s lower Parliament
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27 May, 2020

Digital currency regulation bill passes Antigua’s lower Parliament

The Digital Assets Business Bill, 2020 is intended to regulate digital asset companies, such as digital currency operators, and provide...
Louisiana’s digital currency licensing bill sails through to state Senate
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27 May, 2020

Louisiana’s digital currency licensing bill sails through to state Senate

Louisiana’s Senate is considering a bill that seeks to license digital currency businesses. The license will cost $2,000, with an...
Iran might revise digital currency transaction processing rules
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26 May, 2020

Iran might revise digital currency transaction processing rules

The Iranian government is going to revisit its current framework around the transaction processing industry and adjust as they see...
Does Russia hate digital currency?
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26 May, 2020

Does Russia hate digital currency?

A number of draft bills have surfaced in Russia that would prohibit and criminalize digital currency if they were to...
Cyprus issues warning against 11 forex, digital currency platforms
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25 May, 2020

Cyprus issues warning against 11 forex, digital currency platforms

The Cypriot regulator has sounded a warning against 11 brands that it says aren’t licensed to operate in Cyprus. The...
China’s Hainan clamps down on digital currency businesses
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23 May, 2020

China’s Hainan clamps down on digital currency businesses

The Chinese province requires businesses not to engage in activities deemed illegal, including issuing tokens and offering digital currency exchange.
Myanmar central bank confirms digital currency ban amid rising demand
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23 May, 2020

Myanmar central bank confirms digital currency ban amid rising demand

Myanmar’s central bank has made its anti-digital currencies stand known, banning them in the country. But the citizens believe it...
Iran’s new tough laws clamp down on digital currency exchanges
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21 May, 2020

Iran’s new tough laws clamp down on digital currency exchanges

Iran has clamped down on the digital currency industry even further, with new laws requiring that all digital currency exchanges...
South Korea fintech sandbox attracts $111M funding, creates 380 jobs
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20 May, 2020

South Korea fintech sandbox attracts $111M funding, creates 380 jobs

South Korea has revealed that its fintech sandbox has been a massive success, with $111 million worth of investment attracted...
Vietnam forms group for digital currency policy research
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17 May, 2020

Vietnam forms group for digital currency policy research

The nine-member group is in charge of exploring and formulating policies to manage digital currencies and virtual assets.