Japan's financial watchdog on Friday issued a warning to crypto derivatives exchange Bybit for operating without registration, a first such from the regulator warning in over three years.
The ongoing conflict between the United States of America's leading regulatory watchdogs, the SEC, and the San Francisco-based Ripple Labs, has left many frustrated. While recent legal developments ha
The Tokyo Metropolitan Government (TMG), in cooperation with the private sector and national government, is working to make the Global Financial City: Tokyo...
Japan is set to tighten up cryptocurrency laws by implementing the Financial Action Task Force (FATF) travel rule. According to the Financial Services Agency (FSA), this will help tackle money laundering in the Asian country. FATF Rule to Be Adopted by 2022 FSA revealed on Wednesday that it would implement the FATF travel rule byRead More
In the earlier part of December last year, Ripple, a payments platform, came under the lens of legal scrutiny as the US Securities and Exchange Commission (The SEC) accused it of selling its native digital currency XRP worth $1.38 billion without following the registration procedure. This unlawful activity took place between 2013 and 2020. SEC …
Last November, Hong Kong kicked off a consultation pertaining to anti-money laundering (AML) and counter finance terrorist (CFT) regulation that will impact cryptocurrency...
Shinhan Bank is expanding its global virtual asset business, including cryptocurrency. It was decided to discover a diversified asset portfolio business model through business agreements with digital asset custodial (consignment and storage) companies. Shinhan Bank announced on the 28th that it has signed a business agreement to establish a cooperation system in the field of digital assets with BitGo, a [...]
HONG KONG, Jan 18, 2021 - (ACN Newswire) - Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), the...