Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate within the Country
The Nigerian Securities Regulator has proposed a rule requiring digital asset service suppliers to be included and keep an workplace inside Nigeria. The regulator has...
Indian Finance Minister Says Crypto Assets Cannot Be Currencies — Expects ‘Some Framework Emerging’ From G20 Discussion
Indian Finance Minister Nirmala Sitharaman has acknowledged that it’s the place of the Indian authorities that crypto property can’t be currencies, that are issued by...
Hong Kong Securities Regulator Issues Warning Against ‘Unlicensed’ Crypto Platform Bybit
The Hong Kong securities regulator has labelled the crypto platform Bybit an unlicensed digital asset buying and selling platform (VATP). The regulator has additionally added...
US Senators Push SEC to Stop Approving Spot Crypto ETFs — Say Other Crypto Markets Risker Than Bitcoin
Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to chorus from approving extra crypto exchange-traded fund (ETF) functions. The...
Russia Regulates Use of Digital Assets for International Settlements
Russia has built-in using digital property as fee for worldwide transactions in its laws. President Vladimir Putin signed into legislation a doc that describes utilizing...
South African Regulator Set to Issue Licenses to 60 Crypto Platforms by End of March
A South African regulator has mentioned it plans to subject licenses to 60 crypto platforms by the top of March. The Financial Sector Conduct Authority...
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
Thailand-based asset administration funds can now launch personal funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), in response to the nation’s securities regulator....
Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox
On March 12, the Hong Kong Monetary Authority (HKMA) launched what is named the stablecoin issuer sandbox association. The HKMA said that candidates excited by...
South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion
The National Tax Service in South Korea is making ready to launch a digital asset tax system to assist analyze the data acquired from cryptocurrency...
UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests
The United Kingdom’s Financial Conduct Authority has mentioned it won’t object to requests by recognised funding exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes...