Russia invaded Ukraine 7 days ago, and the world continues to show its reaction.

The post Reactions against Russia continue: largest South Korean exchanges block Russian IP’s appeared first on CryptoSlate.

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 [...]

The 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 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 […]

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.

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.

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 […]

The 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.

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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)

Bitcoin was created to obliterate the type of control that the FATF seeks to enforce.

The Philippine Amusement and Gaming Corp (PAGCOR) has received a pat on the back. Its attention to anti-money laundering (AML) policies in the country has earned it a commendation from the country’s AML watchdog. PAGCOR has a lot of activity to manage. It operates several casinos in the Philippines but also oversees most of the […]

The post Philippine Amusement and Gaming Corp. Praised for Strong AML Commitments appeared first on Casino.org.