15.2 C
New York

Tag: financial action task force

Privacy Coins, Mixers and Anonymity To Be Slowly Eliminated From Crypto by Upcoming Regulations: Coin Bureau

A popular analyst known for his deep-dive research is weighing in on what the next round of regulations might mean for the crypto industry. In...

Top News

Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs

Regulator Says UAE 'Closer to Issuing the Regulatory and Supervisory Framework' for VASPsThe United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting closer to “issuing the regulatory and supervisory framework related […]

Biden Signs Bitcoin Executive Order, Taps ‘Urgent’ CBDC Development

The order focuses on a collaborative government agency effort towards ‘urgent’ CBDC development and Bitcoin and cryptocurrency regulation.

Leading South Korean exchanges to block Russian users

Some of the largest cryptocurrency brokerage firms in South Korea are reportedly blocking the IP addresses of Russian users. These exchanges are joining the US [...]

South African Treasury on Crypto Regulations: Amendments to Relevant Laws to Be Finalized in 2022

Tag Template - News Hub PROThe South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022. Aligning Local Laws With FATF Standards The South African Treasury has said it expects the proposals to include crypto asset service providers […]

Mastercard’s Reach Expands While BTC, ETH Slide In Value: Analysis

Mastercard’s reach expands while both BTC and ETH drop in value over the past 24 hours as the entire crypto market cap starts sliding as well so let’s take a closer look in today’s latest altcoin news. A brief crash dropped the price of BTC to $39,638 as per CoinMarketCap and the world’s favorite cryptocurrency […]
Tag Template - News Hub PRO

The UAE is reportedly planning to issue a federal crypto license for virtual asset service providers.

The Securities and Commodities Authority (SCA) in UAE is reportedly in the final stages of finalizing the legislation that would allow virtual asset service providers (VASPs) to establish themselves in the country, reported Bloomberg. A national crypto licensing legislation would help UAE with its goal to become a leading crypto-friendly jurisdiction.   The regulators are working on […]

Read full post The UAE is reportedly planning to issue a federal crypto license for virtual asset service providers. on Chaintimes.com.

UAE reportedly plans to issue federal crypto license for VASPs

Tag Template - News Hub PRO

The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018.

Coinbase launches a collaborative effort to comply with FATF guidelines.

The publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST (Travel Rule Universal Solution Technology).” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so far, and the collaborative effort is […]

Setting the Record Straight: Law and Policy Are Not at Odds with Crypto Analytics

Tag Template - News Hub PROThe crypto revolution is transforming traditional finance systems by increasing access to financial services, accelerating transfers and bringing transparency and auditability to finance transactions. These are amazing enhancements. To sustain the viability of this new, decentralized digital economy, it is…

The post Setting the Record Straight: Law and Policy Are Not at Odds with Crypto Analytics appeared first on CipherTrace.

Crypto Service Providers Willing to Embrace FATF Travel Rule, Study Shows

Tag Template - News Hub PRO
The Travel Rule, which now governs service providers in the digital currency ecosystem, is arguably not a source of concern as a new report from Notabene shows many firms in the space are in compliance already. (Read More)
Tag Template - News Hub PRO

Recent articles

spot_img