The country’s financial regulator wants to implement penalties for crypto companies that aren’t doing enough to combat anti-money laundering.

Following a nationwide crackdown on crypto-related crime in South Korea, Bithumb was caught in the eye of a legal storm in 2020. Now the leading [...]

The operator of South Korean cryptocurrency exchange Bithumb has placed restrictions on trading accounts registered in jurisdictions that are deemed to be too lax in curbing money laundering.

TRISA's open-source MVP and Testnet give VASPs an opportunity to validate the compliance solution safely with test data MENLO PARK,...

“Learn as much as you can about Bitcoin and what it means from a technological, monetary, and network standpoint. Bitcoin is still very new.”

The post Bitcoin Reaches Past $50,000, Now Worth 2.4 Million Pesos appeared first on BitPinas.

Maybe some people still believe it, but Bitcoin isn’t really anonymous. Indeed, isn’t anonymous at all: all the transactions in this currency are recorded in a public —and widely-available-online— ledger. Tracking the funds and the parties behind them isn’t that hard, and that’s why privacy coins were created. The privacy coins are cryptocurrencies with in-design […]

In this exclusive interview with BitPinas, the BSP discussed the challenges of 2020, its position on cryptocurrencies, virtual asset service providers in the country, and the key benefits for international crypto companies if they register in the Philippines.

The post Bangko Sentral ng Pilipinas | 2020 Year in Review appeared first on BitPinas.

Some major cryptocurrency exchanges have expressed concern regarding Hong Kong’s proposal to ban retail investors in the city from participating in crypto activities, stating that it could have an adverse effect. Hong Kong’s Proposed Ban Could Affect 93% of Its Population According to the South China Morning Post on Monday (Feb. 15, 2021), the GlobalRead More

Crypto regulation has become much more prominent globally, with several jurisdictions and regions showing what digital assets’ futures might look like. In Hong Kong, concerns are [...]

Last November, Hong Kong kicked off a consultation pertaining to anti-money laundering (AML) and counter finance terrorist (CFT) regulation that will impact cryptocurrency...

According to the South China Morning Post report, cryptocurrency exchanges are on tenterhooks as they await the outcome of a proposal by Hong Kong’s government to ban retail investors from trading in the city, at a time when cryptocurrencies are winning acceptance as mainstream forms of payment and market leader bitcoin rises to a record […]

South Africa is the latest country to come down on cryptocurrency investors, with the South African Revenue Service (SARS) sending audit requests to...