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Tag: financial services agency

Japan regulator warns crypto derivatives exchange Bybit over unregistered operations

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 post Japan regulator warns crypto derivatives exchange Bybit over unregistered operations appeared first on The Block.

The Travel Rule

In March 2021, the Financial Action Task Force (FATF) has put out its updated “Guidance on the risk-based approach to virtual assets (VAs)…

How is the XRP lawsuit going?

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 post How is the XRP lawsuit going? appeared first on AMBCrypto.

Tokyo Metropolitan Government to publish the ‘Asset Managers & FinTech Companies Registration Guidebook’.

The Tokyo Metropolitan Government (TMG), in cooperation with the private sector and national government, is working to make the Global Financial City: Tokyo...

Japan’s first app-only bank to run entirely on Google Cloud

Minna Bank, Japan's first app-only bank, is set to open for business in May after acquiring a banking licence from the country's...

Japan Set To Implement FATF Travel Rule for Crypto By 2022

FATF
FATFJapan 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 by
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AvaTrade Review: Complete Broker Overview

With a history stretching back to 2006, and operations all around the world, AvaTrade is one of the best-known online forex and CFD...

Ripple Accuses SEC of Causing $15,000,000,000 Damages

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 …

Global Digital Finance Broadly Agrees with Hong Kong Proposal to Regulate VASPs but Worries that Blocking Retail from Crypto is Wrong Move

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 Expands Global Cryptocurrency Business with BitGo

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 [...]

The post Shinhan Bank Expands Global Cryptocurrency Business with BitGo appeared first on Coin News Asia.

14th Asian Financial Forum opens today

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...

Japan FSA Considers XRP Non-Security Amid Ripple Lawsuit

Japan Financial Services Agency (FSA) has announced that it sees Ripple as an ordinary cryptocurrency and not as a security.This is contrary to...

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