Cyprus is set to introduce stringent penalties for unregulated cryptocurrency service providers (CSPs), according to the Cyprus Mail. The government has submitted a legislative amendment...
US Bank Stocks Experience Decline due to Increasing Regulatory ConcernsIn recent months, the US banking sector has been facing a significant decline in stock...
Two U.S. senators have re-introduced the ‘‘Digital Asset Anti-Money Laundering Act of 2023’’ after months of delay, which puts greater emphasis on industry participants...
Russia's Digital Ruble Law Approved by PutinIn a significant move towards digitalization, Russian President Vladimir Putin has recently approved the Digital Ruble Law, paving...
Ukraine's regulatory authority, the Ministry of Digital Transformation, has proposed a new tax on cryptocurrency profits. The proposal suggests an 18% tax on all...
Traditional
businesses have long controlled the remittance market, but the rise of fintech
firms is changing the picture. Fintech firms are using cutting-edge
technologies and business strategies...
Bitstamp, one of the world's oldest and most reputable cryptocurrency exchanges, has recently been added to the Financial Conduct Authority's (FCA) list of registered...
The Acting President of the National Bank of Georgia, Archil Mestvirishvili, stated that the bank has not only been monitoring the observance of financial sanctions but also...
DigiFinex, one of the leading cryptocurrency exchanges in the world, has been granted a Pre-Registration Undertaking (“PRU”) exemption-based approval by the Canadian regulator...
