Business

FCA: Unregistered digital currency firms must shut down, refund investors
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13 January, 2021

FCA: Unregistered digital currency firms must shut down, refund investors

The UK financial markets regulator cautioned such companies that continuing their activities would attract criminal and civil enforcement actions.
UK Finance Ministry invites public input on digital currency regulation
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13 January, 2021

UK Finance Ministry invites public input on digital currency regulation

Her Majesty’s Treasury has opened consultation on proposed laws to govern “crypto-assets and stablecoins” until March 21.
AML Bitcoin suit to proceed
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12 January, 2021

AML Bitcoin suit to proceed

The U.S. District Court in California has rejected AML Bitcoin’s attempt to have the Securities and Exchange Commission's (SEC) case...
Tether printing presses in overdrive as regulators watch closely
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12 January, 2021

Tether printing presses in overdrive as regulators watch closely

With a large portion of the "money" flowing into digital asset markets recently coming from USDT, any regulatory action against...
South Korea digital currency tax on track for 2022
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12 January, 2021

South Korea digital currency tax on track for 2022

Qualifying transactions will be subject to a tax rate of 20%, according to the Ministry of Economy and Finance, which...
Digital currency derivatives ban now in effect in UK
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12 January, 2021

Digital currency derivatives ban now in effect in UK

The ban on sale of digital currency derivatives that was first proposed by the U.K. Financial Conduct Authority is now...
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